Chevy Chase Trust Holdings LLC lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 440,090 shares of the specialty retailer’s stock after selling 18,374 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in O’Reilly Automotive were worth $47,446,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Nemes Rush Group LLC raised its position in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 294 shares during the last quarter. True Wealth Design LLC grew its position in O’Reilly Automotive by 127.7% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 152 shares during the last quarter. Bell Investment Advisors Inc raised its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Bell Investment Advisors Inc now owns 345 shares of the specialty retailer’s stock worth $31,000 after buying an additional 322 shares during the last quarter. IAG Wealth Partners LLC purchased a new position in shares of O’Reilly Automotive in the third quarter worth $31,000. Finally, Westfuller Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
NASDAQ ORLY opened at $91.54 on Monday. The company has a market capitalization of $76.76 billion, a PE ratio of 30.89, a P/E/G ratio of 2.04 and a beta of 0.63. The company has a fifty day moving average of $94.89 and a 200 day moving average of $97.85. O’Reilly Automotive, Inc. has a 1 year low of $85.83 and a 1 year high of $108.71.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Wednesday, January 28th. Royal Bank Of Canada set a $109.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday, February 6th. Evercore reissued an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, January 30th. JPMorgan Chase & Co. reduced their price objective on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Finally, DA Davidson reaffirmed a “buy” rating and set a $110.00 target price on shares of O’Reilly Automotive in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.26.
Get Our Latest Report on O’Reilly Automotive
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.
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