Ontario Teachers Pension Plan Board Sells 677 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Ontario Teachers Pension Plan Board reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 17.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,225 shares of the specialty retailer’s stock after selling 677 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in O’Reilly Automotive were worth $3,064,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Washington Trust Advisors Inc. grew its stake in O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after buying an additional 13 shares in the last quarter. Financial Management Professionals Inc. grew its stake in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after buying an additional 13 shares in the last quarter. First Financial Corp IN grew its stake in O’Reilly Automotive by 38.6% in the 4th quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock worth $58,000 after buying an additional 17 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC grew its stake in O’Reilly Automotive by 81.1% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after buying an additional 30 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in O’Reilly Automotive by 28.6% in the 4th quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock worth $77,000 after buying an additional 18 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other news, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the sale, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,694 shares of company stock worth $14,265,266. Company insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ORLY shares. Royal Bank of Canada boosted their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Wells Fargo & Company lowered their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. Evercore ISI upped their price target on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a report on Tuesday, May 14th. Finally, Mizuho initiated coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target for the company. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $1,123.64.

O’Reilly Automotive Price Performance

ORLY stock traded down $3.45 during trading on Thursday, hitting $987.99. 102,056 shares of the stock traded hands, compared to its average volume of 373,247. The stock has a market cap of $58.18 billion, a price-to-earnings ratio of 25.16, a price-to-earnings-growth ratio of 1.83 and a beta of 0.90. The firm’s 50 day moving average is $1,074.56 and its two-hundred day moving average is $1,027.69. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.28 EPS. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.