Thrivent Financial for Lutherans Sells 153,878 Shares of O’Reilly Automotive, Inc. $ORLY

Thrivent Financial for Lutherans cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 35.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 282,058 shares of the specialty retailer’s stock after selling 153,878 shares during the quarter. Thrivent Financial for Lutherans’ holdings in O’Reilly Automotive were worth $30,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of O’Reilly Automotive by 1,404.9% during the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after buying an additional 73,596,571 shares in the last quarter. State Street Corp grew its position in O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after acquiring an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of O’Reilly Automotive by 1,443.1% during the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after acquiring an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of O’Reilly Automotive by 1,317.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after acquiring an additional 16,406,181 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in shares of O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after acquiring an additional 13,382,074 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the completion of the sale, the senior vice president owned 4,792 shares in the company, valued at approximately $485,190. This trade represents a 42.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $98.01 on Tuesday. The stock’s 50-day moving average is $95.47 and its 200 day moving average is $99.16. The company has a market cap of $82.73 billion, a PE ratio of 33.95, a P/E/G ratio of 2.09 and a beta of 0.62. O’Reilly Automotive, Inc. has a 1 year low of $85.55 and a 1 year high of $108.71.

Analyst Ratings Changes

Several research firms recently commented on ORLY. Wolfe Research raised shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a report on Monday, December 22nd. Morgan Stanley set a $110.00 price objective on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Thursday, January 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of O’Reilly Automotive in a research note on Friday. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Truist Financial set a $109.00 price objective on O’Reilly Automotive in a research report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $111.85.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do?it?yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.