Railway Pension Investments Ltd Sells 6,700 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Railway Pension Investments Ltd trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,321 shares of the specialty retailer’s stock after selling 6,700 shares during the quarter. O’Reilly Automotive makes up 1.3% of Railway Pension Investments Ltd’s investment portfolio, making the stock its 23rd largest position. Railway Pension Investments Ltd owned approximately 0.20% of O’Reilly Automotive worth $130,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Rise Advisors LLC bought a new stake in O’Reilly Automotive in the first quarter worth $36,000. Newbridge Financial Services Group Inc. bought a new stake in O’Reilly Automotive in the first quarter worth $37,000. Indiana Trust & Investment Management CO boosted its holdings in O’Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after acquiring an additional 26 shares in the last quarter. Riverview Trust Co bought a new stake in O’Reilly Automotive in the first quarter worth $41,000. Finally, Crewe Advisors LLC bought a new stake in O’Reilly Automotive in the first quarter worth $43,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ORLY. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. DA Davidson upped their price target on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada lowered their price target on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. Evercore ISI lowered their price target on O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating on the stock in a report on Tuesday, July 16th. Finally, Wedbush reiterated a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,130.67.

Insider Transactions at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the transaction, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The disclosure for this sale can be found here. Insiders sold a total of 35,541 shares of company stock valued at $39,936,345 over the last 90 days. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY traded up $3.62 during mid-day trading on Friday, reaching $1,137.02. The company’s stock had a trading volume of 477,432 shares, compared to its average volume of 395,838. The firm has a market capitalization of $66.96 billion, a PE ratio of 28.86, a P/E/G ratio of 2.15 and a beta of 0.92. The stock has a fifty day moving average of $1,035.57 and a two-hundred day moving average of $1,052.67. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $10.22 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 41.14 EPS for the current fiscal year.

O’Reilly Automotive Profile

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.