Hilltop Holdings Inc. Boosts Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Hilltop Holdings Inc. boosted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 111.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,246 shares of the specialty retailer's stock after acquiring an additional 657 shares during the quarter. Hilltop Holdings Inc.'s holdings in O'Reilly Automotive were worth $1,435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its stake in O'Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock worth $984,027,000 after buying an additional 853,633 shares during the last quarter. Mizuho Securities USA LLC grew its stake in O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after buying an additional 482,670 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after buying an additional 133,139 shares during the last quarter. Marshall Wace LLP grew its stake in O'Reilly Automotive by 809.8% during the second quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer's stock worth $96,078,000 after buying an additional 80,978 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in O'Reilly Automotive during the second quarter worth about $63,793,000. Institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Bank of America increased their price target on shares of O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. Roth Mkm reissued a "buy" rating and set a $1,337.00 price target on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. DA Davidson reissued a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Finally, Truist Financial increased their price target on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and an average target price of $1,248.06.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock traded down $5.07 during midday trading on Wednesday, hitting $1,242.92. The company had a trading volume of 257,090 shares, compared to its average volume of 373,259. The stock has a market capitalization of $71.75 billion, a P/E ratio of 30.75, a P/E/G ratio of 2.53 and a beta of 0.93. The company has a 50 day moving average of $1,198.24 and a 200 day moving average of $1,114.50. O'Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.40.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The business had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $10.72 earnings per share. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Buying and Selling

In other 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 completion of the sale, the senior vice president now owns 5 shares of the company's stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now directly owns 700 shares of the company's stock, valued at $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is owned by insiders.

O'Reilly Automotive Company 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.