Metropolitan Life Insurance Co NY Has $2.54 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Metropolitan Life Insurance Co NY decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,654 shares of the specialty retailer’s stock after selling 136 shares during the period. Metropolitan Life Insurance Co NY’s holdings in O’Reilly Automotive were worth $2,535,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. MONECO Advisors LLC increased its holdings in O’Reilly Automotive by 3.0% in the first quarter. MONECO Advisors LLC now owns 374 shares of the specialty retailer’s stock valued at $318,000 after purchasing an additional 11 shares during the period. Atticus Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 57.9% in the second quarter. Atticus Wealth Management LLC now owns 30 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 11 shares during the period. Klingman & Associates LLC raised its position in shares of O’Reilly Automotive by 1.3% during the second quarter. Klingman & Associates LLC now owns 857 shares of the specialty retailer’s stock worth $819,000 after acquiring an additional 11 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of O’Reilly Automotive by 0.9% in the second quarter. Coldstream Capital Management Inc. now owns 1,240 shares of the specialty retailer’s stock worth $1,185,000 after acquiring an additional 11 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its stake in shares of O’Reilly Automotive by 1.5% in the second quarter. Thoroughbred Financial Services LLC now owns 759 shares of the specialty retailer’s stock worth $725,000 after acquiring an additional 11 shares during the period. Institutional investors own 82.92% of the company’s stock.

O’Reilly Automotive Stock Up 1.0 %

Shares of NASDAQ:ORLY opened at $978.61 on Tuesday. O’Reilly Automotive, Inc. has a twelve month low of $767.27 and a twelve month high of $1,005.96. The stock’s 50 day moving average is $932.15 and its 200-day moving average is $935.25. The firm has a market capitalization of $57.89 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.92 and a beta of 0.83.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $10.72 earnings per share for the quarter, topping the consensus estimate of $10.36 by $0.36. The firm had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.09 billion. O’Reilly Automotive had a net margin of 14.86% and a negative return on equity of 152.96%. The business’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $9.17 earnings per share. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 38.2 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Carl David Wilbanks sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $996.94, for a total value of $4,984,700.00. Following the transaction, the senior vice president now owns 687 shares in the company, valued at $684,897.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Carl David Wilbanks sold 5,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $996.94, for a total value of $4,984,700.00. Following the completion of the sale, the senior vice president now owns 687 shares in the company, valued at $684,897.78. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Wild Tamara F. De sold 549 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $986.59, for a total transaction of $541,637.91. Following the transaction, the senior vice president now owns 352 shares in the company, valued at $347,279.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,422 shares of company stock worth $18,917,172. Insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ORLY. Truist Financial increased their target price on shares of O’Reilly Automotive from $1,068.00 to $1,080.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Oppenheimer downgraded shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $1,000.00 to $930.00 in a research note on Friday, October 6th. William Blair began coverage on shares of O’Reilly Automotive in a research report on Thursday, August 3rd. They set an “outperform” rating on the stock. Evercore ISI lifted their price objective on O’Reilly Automotive from $990.00 to $1,010.00 and gave the stock an “outperform” rating in a research report on Friday, September 8th. Finally, Wedbush reissued a “neutral” rating and issued a $940.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 26th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,007.63.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.