UMB Bank n.a. Sells 1,751 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

UMB Bank n.a. lowered its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,229 shares of the specialty retailer's stock after selling 1,751 shares during the period. UMB Bank n.a. owned 0.06% of O'Reilly Automotive worth $38,217,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Asset Dedication LLC raised its position in shares of O'Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock valued at $178,000 after purchasing an additional 9 shares during the period. Marks Group Wealth Management Inc boosted its holdings in O'Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock valued at $697,000 after acquiring an additional 9 shares during the period. Venturi Wealth Management LLC grew its position in shares of O'Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC grew its position in shares of O'Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company increased its stake in shares of O'Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock worth $753,000 after purchasing an additional 9 shares during the period. Institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Truist Financial increased 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. TD Cowen increased their price objective on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a research report on Friday, October 25th. StockNews.com lowered shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Tuesday, January 14th. BMO Capital Markets initiated coverage on O'Reilly Automotive in a research note on Friday, December 13th. They set an "outperform" rating and a $1,400.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Four investment 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. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $1,270.69.

O'Reilly Automotive Stock Up 1.0 %

ORLY stock traded up $12.07 during midday trading on Monday, reaching $1,216.79. 278,679 shares of the company's stock traded hands, compared to its average volume of 296,252. The company has a 50-day simple moving average of $1,223.72 and a two-hundred day simple moving average of $1,162.73. O'Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,283.96. The company has a market cap of $70.25 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 2.23 and a beta of 0.94.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last 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.

Insiders Place Their Bets

In other O'Reilly Automotive news, Director Andrea Weiss sold 600 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction on 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 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 position. The disclosure for this sale can be found here. Insiders own 1.18% of the company's stock.

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.