Zurcher Kantonalbank Zurich Cantonalbank Has $10.22 Million Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 35.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,758 shares of the specialty retailer’s stock after selling 5,846 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in O’Reilly Automotive were worth $10,221,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ORLY. Wealth Alliance boosted its holdings in shares of O’Reilly Automotive by 26.1% in the fourth quarter. Wealth Alliance now owns 358 shares of the specialty retailer’s stock valued at $340,000 after buying an additional 74 shares during the period. SVB Wealth LLC boosted its stake in O’Reilly Automotive by 12.4% in the 4th quarter. SVB Wealth LLC now owns 1,813 shares of the specialty retailer’s stock worth $1,722,000 after purchasing an additional 200 shares during the period. Eads & Heald Wealth Management increased its holdings in O’Reilly Automotive by 1.4% during the 4th quarter. Eads & Heald Wealth Management now owns 2,433 shares of the specialty retailer’s stock worth $2,312,000 after purchasing an additional 33 shares in the last quarter. VELA Investment Management LLC raised its stake in shares of O’Reilly Automotive by 1.8% in the 4th quarter. VELA Investment Management LLC now owns 2,599 shares of the specialty retailer’s stock valued at $2,469,000 after purchasing an additional 45 shares during the period. Finally, Donaldson Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 9.3% in the fourth quarter. Donaldson Capital Management LLC now owns 5,814 shares of the specialty retailer’s stock valued at $5,524,000 after purchasing an additional 495 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,090.94 on Friday. The stock has a market cap of $64.40 billion, a PE ratio of 28.35, a P/E/G ratio of 2.00 and a beta of 0.86. The firm has a 50-day moving average of $1,093.98 and a 200-day moving average of $1,009.47. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.86 billion. During the same period last year, the firm posted $8.37 EPS. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ORLY shares. Wedbush lifted their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Royal Bank of Canada boosted their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Wells Fargo & Company increased their target price on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Truist Financial lifted their price target on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Finally, Evercore ISI reduced their price objective on shares of O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating for the company in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,102.53.

Insider Activity

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is owned by company insiders.

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.