PNC Financial Services Group Inc. Decreases Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

PNC Financial Services Group Inc. lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,857 shares of the specialty retailer’s stock after selling 1,762 shares during the period. PNC Financial Services Group Inc. owned approximately 0.06% of O’Reilly Automotive worth $40,148,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ORLY. AlphaMark Advisors LLC purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth about $30,000. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the third quarter worth about $32,000. Kestra Investment Management LLC purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the third quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth about $46,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares of the company’s stock, valued at $14,988,764.55. The trade was a 21.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andrea Weiss sold 248 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the completion of the transaction, the director now owns 452 shares of the company’s stock, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock valued at $10,409,618 in the last ninety days. 1.55% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Evercore ISI raised their target price 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. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. UBS Group raised their target price on 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. Finally, StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Down 0.9 %

Shares of ORLY opened at $1,319.01 on Monday. The business’s 50 day moving average price is $1,277.95 and its 200-day moving average price is $1,218.60. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The stock has a market cap of $75.54 billion, a P/E ratio of 32.44, a P/E/G ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates 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 anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.