Rhumbline Advisers Has $146.84 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Rhumbline Advisers cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,834 shares of the specialty retailer’s stock after selling 2,428 shares during the quarter. Rhumbline Advisers owned approximately 0.21% of O’Reilly Automotive worth $146,842,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive in the fourth quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the third quarter valued at about $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter valued at about $41,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter valued at about $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of recent research reports. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Evercore ISI lifted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Wedbush raised their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Barclays raised their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Finally, DA Davidson raised their price objective on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Stock Down 1.3 %

NASDAQ ORLY opened at $1,318.80 on Friday. The company has a market cap of $76.13 billion, a price-to-earnings ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The business 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 (NASDAQ:ORLY) last released its quarterly earnings data 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 research analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current year.

Insider Activity

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 O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock worth $2,492,394 over the last quarter. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Company 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.