Chevy Chase Trust Holdings LLC Lowers Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Chevy Chase Trust Holdings LLC lowered its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,314 shares of the specialty retailer's stock after selling 918 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.06% of O'Reilly Automotive worth $31,651,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. West Family Investments Inc. increased its holdings in shares of O'Reilly Automotive by 2.1% during the second quarter. West Family Investments Inc. now owns 533 shares of the specialty retailer's stock valued at $509,000 after acquiring an additional 11 shares in the last quarter. Caprock Group LLC increased its holdings in shares of O'Reilly Automotive by 2.4% during the third quarter. Caprock Group LLC now owns 475 shares of the specialty retailer's stock valued at $432,000 after acquiring an additional 11 shares in the last quarter. Western Pacific Wealth Management LP increased its holdings in shares of O'Reilly Automotive by 11.6% during the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer's stock valued at $96,000 after acquiring an additional 11 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of O'Reilly Automotive by 2.4% during the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer's stock valued at $418,000 after acquiring an additional 11 shares in the last quarter. Finally, Atlas Brown Inc. increased its holdings in shares of O'Reilly Automotive by 2.8% during the fourth quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer's stock valued at $380,000 after acquiring an additional 11 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Barclays boosted their price objective on O'Reilly Automotive from $954.00 to $986.00 and gave the company an "equal weight" rating in a report on Thursday, January 4th. StockNews.com downgraded O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Thursday, February 8th. TD Cowen upped their price target on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "outperform" rating in a report on Friday, December 8th. The Goldman Sachs Group upped their price target on O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a "buy" rating in a report on Friday, February 9th. Finally, Royal Bank of Canada upped their price target on O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an "outperform" rating in a report on Friday, February 9th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,090.76.

O'Reilly Automotive Stock Performance

NASDAQ:ORLY traded up $17.93 during trading on Friday, reaching $1,117.56. The company's stock had a trading volume of 278,653 shares, compared to its average volume of 374,088. The firm has a market cap of $65.97 billion, a price-to-earnings ratio of 28.58, a price-to-earnings-growth ratio of 2.06 and a beta of 0.86. The firm has a 50 day moving average of $1,082.15 and a 200-day moving average of $996.52. O'Reilly Automotive, Inc. has a 12 month low of $855.88 and a 12 month high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.07 by $0.19. O'Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter in the prior year, the company earned $8.37 EPS. The business's revenue for the quarter was up 5.1% on a year-over-year basis. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Christopher Andrew Mancini sold 1,500 shares of the company's stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares of the company's stock, valued at approximately $5,884,566.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The disclosure for this sale can be found here. Insiders have sold 27,468 shares of company stock valued at $28,769,333 in the last 90 days. Insiders own 1.55% of the company's stock.

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.