New York State Common Retirement Fund Cuts Stock Position in O’Reilly Automotive, Inc. $ORLY

New York State Common Retirement Fund cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,015,325 shares of the specialty retailer’s stock after selling 61,300 shares during the quarter. New York State Common Retirement Fund owned 0.12% of O’Reilly Automotive worth $109,462,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ORLY. HighMark Wealth Management LLC lifted its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the period. Canton Hathaway LLC raised its holdings in O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. Nemes Rush Group LLC lifted its position in O’Reilly Automotive by 1,400.0% in the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 294 shares during the period. True Wealth Design LLC boosted its holdings in O’Reilly Automotive by 127.7% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 152 shares in the last quarter. Finally, Aspect Partners LLC boosted its holdings in O’Reilly Automotive by 3,036.4% in the 2nd quarter. Aspect Partners LLC now owns 345 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 334 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the completion of the transaction, the senior vice president owned 4,792 shares of the company’s stock, valued at approximately $485,190. This trade represents a 42.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,980 shares of company stock worth $882,335 over the last ninety days. 1.01% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ORLY shares. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research report on Monday, October 20th. Barclays set a $91.00 target price on O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 24th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Buy” and an average target price of $111.80.

O’Reilly Automotive Stock Down 2.5%

Shares of ORLY stock opened at $98.85 on Friday. The stock has a market cap of $83.44 billion, a P/E ratio of 34.24, a P/E/G ratio of 2.15 and a beta of 0.63. O’Reilly Automotive, Inc. has a fifty-two week low of $85.55 and a fifty-two week high of $108.71. The business has a fifty day simple moving average of $95.53 and a 200-day simple moving average of $98.97.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.