Sanford C. Bernstein Upgrades O’Reilly Automotive (NASDAQ:ORLY) to “Hold”

O’Reilly Automotive (NASDAQ:ORLY) was upgraded by stock analysts at Sanford C. Bernstein to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

ORLY has been the subject of several other research reports. UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Roth Capital restated a “buy” rating and set a $111.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 31st. DA Davidson restated a “buy” rating and set a $106.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, September 16th. Weiss Ratings lowered shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 27th. Finally, Wells Fargo & Company set a $100.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.50.

O’Reilly Automotive Trading Down 0.8%

Shares of ORLY opened at $85.41 on Tuesday. O’Reilly Automotive has a 12 month low of $82.59 and a 12 month high of $107.96. The stock has a fifty day moving average price of $88.46 and a 200-day moving average price of $89.54. The firm has a market cap of $69.09 billion, a PE ratio of 27.20, a P/E/G ratio of 2.14 and a beta of 0.52.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the firm earned $0.78 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, research analysts forecast that O’Reilly Automotive will post 3.27 EPS for the current year.

Insider Buying and Selling

In other news, Director Thomas Hendrickson sold 1,000 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $87.83, for a total value of $87,830.00. Following the transaction, the director directly owned 18,675 shares of the company’s stock, valued at approximately $1,640,225.25. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock worth $550,530 in the last 90 days. Insiders own 0.77% of the company’s stock.

Hedge Funds Weigh In On O’Reilly Automotive

Several hedge funds and other institutional investors have recently bought and sold shares of ORLY. QRG Capital Management Inc. raised its position in O’Reilly Automotive by 15.1% during the 2nd quarter. QRG Capital Management Inc. now owns 57,729 shares of the specialty retailer’s stock worth $5,316,000 after buying an additional 7,587 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of O’Reilly Automotive by 10.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 99,554 shares of the specialty retailer’s stock valued at $9,159,000 after acquiring an additional 9,699 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at $166,000. Junto Capital Management LP acquired a new stake in shares of O’Reilly Automotive in the second quarter worth $182,566,000. Finally, Tidal Investments LLC increased its stake in shares of O’Reilly Automotive by 23.6% in the second quarter. Tidal Investments LLC now owns 186,919 shares of the specialty retailer’s stock worth $17,213,000 after acquiring an additional 35,716 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers as well as professional automotive service providers, offering products for vehicle maintenance, repair and customization.

Its merchandise includes replacement parts such as brakes, batteries, filters and engine components, along with lubricants, shop equipment, tools, accessories and related products. O’Reilly also provides services such as parts lookup, battery testing and recycling, loaner tools, and delivery to professional customers.

Founded in 1957 by the O’Reilly family in Springfield, Missouri, the company has grown from a single store into a large retail and distribution network serving customers throughout the United States and Mexico.