Sumitomo Mitsui Trust Holdings Inc. Decreases Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sumitomo Mitsui Trust Holdings Inc. lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219,858 shares of the specialty retailer’s stock after selling 2,145 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.37% of O’Reilly Automotive worth $208,883,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ORLY. Geode Capital Management LLC increased its stake in shares of O’Reilly Automotive by 1.8% in the first quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer’s stock worth $1,262,904,000 after acquiring an additional 26,201 shares during the period. Morgan Stanley increased its stake in shares of O’Reilly Automotive by 113.8% in the fourth quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer’s stock worth $1,007,597,000 after acquiring an additional 635,416 shares during the period. Invesco Ltd. increased its stake in shares of O’Reilly Automotive by 3.7% in the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after acquiring an additional 31,487 shares during the period. Jennison Associates LLC increased its stake in shares of O’Reilly Automotive by 8.0% in the third quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer’s stock worth $800,574,000 after acquiring an additional 65,534 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of O’Reilly Automotive by 128.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock worth $470,900,000 after acquiring an additional 386,822 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.6 %

NASDAQ:ORLY opened at $1,076.49 on Monday. The company’s 50-day moving average price is $1,089.49 and its 200-day moving average price is $1,004.53. The company has a market cap of $63.55 billion, a P/E ratio of 27.98, a P/E/G ratio of 1.95 and a beta of 0.86. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, topping the consensus estimate of $9.07 by $0.19. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $8.37 earnings per share. On average, analysts expect that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the transaction, the chairman now directly owns 205,095 shares of the company’s stock, valued at $217,933,947. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 6,444 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the transaction, the chairman now directly owns 205,095 shares of the company’s stock, valued at $217,933,947. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now directly owns 950 shares in the company, valued at $987,316. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,468 shares of company stock valued at $28,769,333. Corporate insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ORLY shares. Barclays increased their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Stephens restated an “overweight” rating and set a $1,060.00 price target on shares of O’Reilly Automotive in a research report on Tuesday, December 19th. The Goldman Sachs Group raised their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Mizuho began coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.

O’Reilly Automotive 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.