O’Reilly Automotive (NASDAQ:ORLY) Given New $114.00 Price Target at DA Davidson

O’Reilly Automotive (NASDAQ:ORLY) had its price target increased by DA Davidson from $110.00 to $114.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a buy rating on the specialty retailer’s stock.

Several other equities research analysts also recently commented on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of O’Reilly Automotive in a research note on Friday, April 24th. Wells Fargo & Company restated an “overweight” rating and issued a $110.00 target price (up from $105.00) on shares of O’Reilly Automotive in a research note on Thursday. Truist Financial set a $108.00 price target on O’Reilly Automotive in a report on Thursday. JPMorgan Chase & Co. cut their price target on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Finally, Robert W. Baird set a $110.00 price target on O’Reilly Automotive in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $112.16.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded down $2.76 on Friday, hitting $96.64. The stock had a trading volume of 7,531,637 shares, compared to its average volume of 4,633,883. O’Reilly Automotive has a twelve month low of $86.77 and a twelve month high of $108.71. The firm’s 50 day moving average price is $92.51 and its 200-day moving average price is $94.96. The company has a market capitalization of $80.86 billion, a price-to-earnings ratio of 31.58, a price-to-earnings-growth ratio of 2.22 and a beta of 0.58.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter in the previous year, the company earned $9.35 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, sell-side analysts predict that O’Reilly Automotive will post 3.2 EPS for the current year.

Institutional Trading of O’Reilly Automotive

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. increased its stake in O’Reilly Automotive by 34.0% in the third quarter. Vestmark Advisory Solutions Inc. now owns 51,657 shares of the specialty retailer’s stock valued at $5,569,000 after purchasing an additional 13,100 shares in the last quarter. Vanguard Group Inc. increased its stake in O’Reilly Automotive by 0.6% in the third quarter. Vanguard Group Inc. now owns 79,271,530 shares of the specialty retailer’s stock valued at $8,546,264,000 after purchasing an additional 436,563 shares in the last quarter. Overbrook Management Corp increased its stake in O’Reilly Automotive by 13.5% in the fourth quarter. Overbrook Management Corp now owns 161,551 shares of the specialty retailer’s stock valued at $14,735,000 after purchasing an additional 19,171 shares in the last quarter. CWA Asset Management Group LLC increased its stake in O’Reilly Automotive by 18.6% in the third quarter. CWA Asset Management Group LLC now owns 115,900 shares of the specialty retailer’s stock valued at $12,495,000 after purchasing an additional 18,151 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its stake in O’Reilly Automotive by 336.4% in the third quarter. Atlantic Union Bankshares Corp now owns 42,943 shares of the specialty retailer’s stock valued at $4,630,000 after purchasing an additional 33,103 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

About O’Reilly Automotive

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.