Chevy Chase Trust Holdings LLC Sells 907 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Chevy Chase Trust Holdings LLC lowered its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,689 shares of the specialty retailer's stock after selling 907 shares during the quarter. Chevy Chase Trust Holdings LLC owned 0.05% of O'Reilly Automotive worth $36,391,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of O'Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after purchasing an additional 853,633 shares during the last quarter. Wellington Management Group LLP grew its position in O'Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after buying an additional 728,040 shares during the period. Mizuho Securities USA LLC grew its position in O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock valued at $5,393,000 after buying an additional 482,670 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock valued at $692,816,000 after buying an additional 133,139 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in O'Reilly Automotive by 117.9% in the third quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer's stock worth $88,716,000 after acquiring an additional 41,685 shares during the period. Institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In related news, SVP Mark Joseph Merz sold 500 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the firm's 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 completion of the sale, the director now directly owns 700 shares of the company's stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,968 shares of company stock worth $2,492,394. Company insiders own 1.55% of the company's stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. BMO Capital Markets boosted their price target on O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Morgan Stanley raised O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. DA Davidson raised their target price on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, BNP Paribas upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded down $22.98 during trading hours on Tuesday, reaching $1,295.82. The company's stock had a trading volume of 375,982 shares, compared to its average volume of 332,167. The firm has a 50 day moving average price of $1,251.05 and a 200-day moving average price of $1,197.80. The stock has a market cap of $74.81 billion, a P/E ratio of 31.87, a P/E/G ratio of 2.50 and a beta of 0.94. O'Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, sell-side analysts forecast that O'Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

About O'Reilly Automotive

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.