O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Amalgamated Bank

Amalgamated Bank grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% during the 4th quarter, Holdings Channel reports. The firm owned 13,108 shares of the specialty retailer’s stock after purchasing an additional 516 shares during the period. Amalgamated Bank’s holdings in O’Reilly Automotive were worth $15,543,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP lifted its stake in O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares during the last quarter. Geode Capital Management LLC grew its position in O’Reilly Automotive by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after buying an additional 24,135 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after buying an additional 133,139 shares in the last quarter. Mizuho Securities USA LLC lifted its position in shares of O’Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after acquiring an additional 482,670 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of O’Reilly Automotive by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 365,124 shares of the specialty retailer’s stock worth $420,477,000 after acquiring an additional 989 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Activity

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now owns 760 shares of the company’s stock, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lawrence P. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $1,303.68, for a total transaction of $1,303,680.00. Following the completion of the transaction, the director now directly owns 135,377 shares in the company, valued at approximately $176,488,287.36. This represents a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,581 shares of company stock worth $3,375,490. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

ORLY opened at $1,346.58 on Wednesday. The company has a market capitalization of $77.74 billion, a PE ratio of 33.12, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The business has a 50-day moving average of $1,256.62 and a 200-day moving average of $1,205.97.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ORLY. BMO Capital Markets boosted their target price on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. DA Davidson boosted their price objective on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Barclays boosted their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, UBS Group raised their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.