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

Stifel Financial Corp reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,868 shares of the specialty retailer’s stock after selling 968 shares during the period. Stifel Financial Corp owned approximately 0.07% of O’Reilly Automotive worth $45,912,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC increased its stake in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive during the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter valued at about $41,000. Finally, Kings Path Partners LLC purchased a new stake in O’Reilly Automotive in the second quarter valued at about $44,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated 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 sale, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on ORLY. Evercore ISI upped their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Barclays upped their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, Morgan Stanley increased 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 note 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,248.06.

O’Reilly Automotive Trading Up 1.9 %

Shares of ORLY opened at $1,257.78 on Friday. The firm has a market capitalization of $72.61 billion, a price-to-earnings ratio of 31.12, a PEG ratio of 2.52 and a beta of 0.93. The firm’s fifty day simple moving average is $1,201.98 and its 200-day simple moving average is $1,118.01. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,260.04.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (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 analyst estimates of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $10.72 earnings per share. On average, analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

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.