Stifel Financial Corp Sells 968 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Stifel Financial Corp lessened its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,868 shares of the specialty retailer's stock after selling 968 shares during the quarter. Stifel Financial Corp owned 0.07% of O'Reilly Automotive worth $45,912,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ORLY. U.S. Capital Wealth Advisors LLC increased its stake in shares of O'Reilly Automotive by 11.8% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 228 shares of the specialty retailer's stock worth $241,000 after buying an additional 24 shares during the period. Fermata Advisors LLC purchased a new stake in shares of O'Reilly Automotive during the second quarter worth about $329,000. Czech National Bank grew its stake in shares of O'Reilly Automotive by 8.0% in the second quarter. Czech National Bank now owns 11,223 shares of the specialty retailer's stock worth $11,852,000 after purchasing an additional 830 shares during the last quarter. Strong Tower Advisory Services increased its holdings in O'Reilly Automotive by 9.3% during the 2nd quarter. Strong Tower Advisory Services now owns 492 shares of the specialty retailer's stock valued at $520,000 after purchasing an additional 42 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in O'Reilly Automotive by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,700 shares of the specialty retailer's stock valued at $1,795,000 after purchasing an additional 66 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on ORLY. Truist Financial boosted their target price on 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. BNP Paribas upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Roth Mkm reaffirmed a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. Wells Fargo & Company boosted their price target on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a research report on Monday, October 14th. Finally, DA Davidson restated a "buy" rating and issued a $1,275.00 price objective on shares of O'Reilly Automotive in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,248.06.

Insider Transactions at O'Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the company's stock in a transaction 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 completion of the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.55% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded up $22.97 during trading on Friday, reaching $1,257.78. 317,164 shares of the stock traded hands, compared to its average volume of 327,840. The stock has a market cap of $72.61 billion, a P/E ratio of 31.12, a price-to-earnings-growth ratio of 2.52 and a beta of 0.93. O'Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,260.04. The stock has a 50-day moving average of $1,201.98 and a two-hundred day moving average of $1,118.01.

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

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.