O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $104.40 Consensus PT from Brokerages

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has been given a consensus recommendation of “Buy” by the twenty analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $106.3608.

Several equities research analysts have issued reports on the stock. TD Cowen lifted their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday. JPMorgan Chase & Co. lifted their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Barclays reiterated an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 25th. Argus began coverage on shares of O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th.

Insider Activity

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On O’Reilly Automotive

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ORLY. Bank Pictet & Cie Europe AG raised its holdings in O’Reilly Automotive by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer’s stock valued at $41,848,000 after buying an additional 1,208 shares during the last quarter. Ethic Inc. raised its holdings in O’Reilly Automotive by 45.4% in the 4th quarter. Ethic Inc. now owns 1,261 shares of the specialty retailer’s stock worth $1,495,000 after purchasing an additional 394 shares in the last quarter. Graham Capital Management L.P. bought a new position in O’Reilly Automotive in the 4th quarter worth $323,000. Gotham Asset Management LLC raised its holdings in O’Reilly Automotive by 18.2% in the 4th quarter. Gotham Asset Management LLC now owns 423 shares of the specialty retailer’s stock worth $502,000 after purchasing an additional 65 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in O’Reilly Automotive by 2.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,370 shares of the specialty retailer’s stock worth $50,242,000 after purchasing an additional 979 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $105.39 on Wednesday. O’Reilly Automotive has a 1 year low of $73.33 and a 1 year high of $108.42. The firm has a market cap of $89.42 billion, a PE ratio of 37.68, a PEG ratio of 2.81 and a beta of 0.60. The company has a 50 day simple moving average of $100.66 and a two-hundred day simple moving average of $94.28.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period in the previous year, the business posted $10.55 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts anticipate that O’Reilly Automotive will post 43.94 earnings per share for the current year.

O’Reilly Automotive Company 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.