Teachers Retirement System of The State of Kentucky Has $5.15 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 4,468 shares of the specialty retailer’s stock after selling 341 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in O’Reilly Automotive were worth $5,145,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the third quarter worth about $32,000. Trifecta Capital Advisors LLC boosted its position in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Kings Path Partners LLC acquired a new position in O’Reilly Automotive during the second quarter valued at approximately $44,000. Institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,269.72 on Friday. The stock’s 50-day moving average is $1,208.41 and its 200 day moving average is $1,123.86. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,275.80. The firm has a market cap of $73.30 billion, a price-to-earnings ratio of 31.41, a PEG ratio of 2.57 and a beta of 0.93.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $10.72 earnings per share. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ORLY shares. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Finally, JPMorgan Chase & Co. boosted their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,248.06.

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.