Thrivent Financial for Lutherans Sells 5,139 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Thrivent Financial for Lutherans lowered its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 16.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,672 shares of the specialty retailer's stock after selling 5,139 shares during the quarter. Thrivent Financial for Lutherans' holdings in O'Reilly Automotive were worth $29,564,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ORLY. Bank Pictet & Cie Asia Ltd. purchased a new stake in shares of O'Reilly Automotive during the second quarter valued at $800,000. Handelsbanken Fonder AB lifted its position in shares of O'Reilly Automotive by 2.5% in the third quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer's stock valued at $34,507,000 after acquiring an additional 727 shares in the last quarter. Assetmark Inc. boosted its position in shares of O'Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock valued at $21,396,000 after acquiring an additional 3,193 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in O'Reilly Automotive by 90.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer's stock worth $15,458,000 after purchasing an additional 6,954 shares in the last quarter. Finally, Marshfield Associates grew its holdings in O'Reilly Automotive by 0.6% during the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer's stock worth $319,866,000 after acquiring an additional 1,718 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded down $11.77 on Wednesday, hitting $1,188.82. 209,123 shares of the company's stock traded hands, compared to its average volume of 374,476. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,255.30. The stock has a market capitalization of $68.63 billion, a PE ratio of 29.70, a price-to-earnings-growth ratio of 2.46 and a beta of 0.92. The firm's 50-day moving average price is $1,174.11 and its two-hundred day moving average price is $1,098.28.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its 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 for the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the firm posted $10.72 earnings per share. The business's revenue was up 3.8% on a year-over-year basis. On average, analysts forecast that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on ORLY shares. Roth Mkm reiterated a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Evercore ISI raised their price objective on O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an "outperform" rating in a research note on Thursday, August 22nd. TD Cowen lifted their price target on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Morgan Stanley upped their price objective on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a research report on Thursday, October 24th. Finally, DA Davidson reiterated a "buy" rating and set a $1,275.00 target price on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,242.13.

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.