Thrivent Financial for Lutherans Has $29.56 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Thrivent Financial for Lutherans trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings in shares of O’Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after acquiring an additional 853,633 shares in the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after acquiring an additional 482,670 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of O’Reilly Automotive by 809.8% in the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock worth $96,078,000 after acquiring an additional 80,978 shares in the last quarter. Swedbank AB acquired a new position in shares of O’Reilly Automotive in the 1st quarter worth approximately $73,661,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of O’Reilly Automotive in the 2nd quarter worth approximately $63,793,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORLY has been the topic of several recent analyst reports. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. JPMorgan Chase & Co. boosted their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. DA Davidson restated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Royal Bank of Canada boosted their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Finally, Bank of America boosted their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Four investment 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Stock Down 1.3 %

ORLY opened at $1,200.59 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30. The company has a fifty day simple moving average of $1,174.11 and a 200 day simple moving average of $1,098.28. The stock has a market cap of $69.31 billion, a P/E ratio of 29.70, a P/E/G ratio of 2.46 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the company earned $10.72 EPS. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company 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.