Sumitomo Mitsui Trust Holdings Inc. Sells 5,151 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sumitomo Mitsui Trust Holdings Inc. lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 214,707 shares of the specialty retailer’s stock after selling 5,151 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in O’Reilly Automotive were worth $242,378,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in ORLY. Fortune Financial Advisors LLC grew its stake in O’Reilly Automotive by 2.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock valued at $2,325,000 after purchasing an additional 57 shares during the last quarter. Perpetual Ltd grew its position in shares of O’Reilly Automotive by 322.6% in the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock worth $1,289,000 after buying an additional 871 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after acquiring an additional 397,108 shares in the last quarter. Stifel Financial Corp lifted its position in O’Reilly Automotive by 7.4% during the fourth quarter. Stifel Financial Corp now owns 36,728 shares of the specialty retailer’s stock valued at $34,894,000 after acquiring an additional 2,535 shares during the last quarter. Finally, SignalPoint Asset Management LLC lifted its position in O’Reilly Automotive by 3.3% during the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after acquiring an additional 1,642 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now owns 31,613 shares in the company, valued at $30,016,543.50. The disclosure for this sale can be found here. 1.18% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,020.54 on Thursday. The firm’s fifty day moving average is $1,014.41 and its 200 day moving average is $1,035.32. The firm has a market cap of $60.10 billion, a PE ratio of 25.90, a P/E/G ratio of 1.90 and a beta of 0.92. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

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

Analyst Ratings Changes

ORLY has been the topic of a number of recent analyst reports. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Wells Fargo & Company dropped their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Truist Financial decreased their price objective on shares of O’Reilly Automotive from $1,212.00 to $1,143.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Mizuho started coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 target price for the company. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,116.93.

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.