Robeco Institutional Asset Management B.V. Sells 53,168 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Robeco Institutional Asset Management B.V. lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 35.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,413 shares of the specialty retailer’s stock after selling 53,168 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.17% of O’Reilly Automotive worth $114,327,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive during the fourth quarter worth about $30,000. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive during the third quarter worth about $32,000. Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive during the third quarter worth about $37,000. Finally, Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive during the third quarter worth about $41,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $1,278.34 on Wednesday. The firm’s 50 day simple moving average is $1,228.05 and its 200 day simple moving average is $1,173.92. The company has a market capitalization of $73.80 billion, a P/E ratio of 31.63, a P/E/G ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,289.93.

Insiders Place Their Bets

In other O’Reilly Automotive news, 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 transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 directly owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research reports. Truist Financial increased their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Evercore ISI raised their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and an average target price of $1,301.82.

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.