O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,790 shares of the specialty retailer’s stock after selling 100 shares during the quarter. New Mexico Educational Retirement Board’s holdings in O’Reilly Automotive were worth $3,308,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ORLY. Marks Group Wealth Management Inc lifted its holdings in O’Reilly Automotive by 1.5% in the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after acquiring an additional 9 shares during the period. Venturi Wealth Management LLC lifted its holdings in O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after acquiring an additional 9 shares during the period. Metis Global Partners LLC lifted its holdings in O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after acquiring an additional 9 shares during the period. L.M. Kohn & Company lifted its holdings in O’Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after acquiring an additional 9 shares during the period. Finally, Advisory Alpha LLC lifted its holdings in O’Reilly Automotive by 4.4% in the fourth quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock valued at $255,000 after acquiring an additional 9 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 1.3 %

O’Reilly Automotive stock opened at $1,318.80 on Friday. The stock has a market cap of $76.13 billion, a PE ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94. The stock has a 50-day moving average price of $1,249.77 and a 200 day moving average price of $1,195.62. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. The trade was a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,968 shares of company stock worth $2,492,394 in the last 90 days. 1.55% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on ORLY. BMO Capital Markets raised their target price on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. Truist Financial lifted their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. TD Cowen lifted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Evercore ISI lifted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $1,390.81.

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.