Recent Investment Analysts’ Ratings Updates for O’Reilly Automotive (ORLY)

A number of firms have modified their ratings and price targets on shares of O’Reilly Automotive (NASDAQ: ORLY) recently:

• 4/26/2024 – O’Reilly Automotive had its price target lowered by analysts at Evercore ISI from $1,220.00 to $1,200.00. They now have an “outperform” rating on the stock.
• 4/26/2024 – O’Reilly Automotive had its price target lowered by analysts at Truist Financial Co. from $1,234.00 to $1,212.00. They now have a “buy” rating on the stock.
• 4/25/2024 – O’Reilly Automotive had its price target lowered by analysts at Wells Fargo & Company from $1,300.00 to $1,200.00. They now have an “overweight” rating on the stock.
• 4/25/2024 – O’Reilly Automotive had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $1,100.00 price target on the stock.
• 4/25/2024 – O’Reilly Automotive was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/17/2024 – O’Reilly Automotive had its price target raised by analysts at UBS Group AG from $1,125.00 to $1,275.00. They now have a “buy” rating on the stock.
• 4/16/2024 – O’Reilly Automotive had its price target lowered by analysts at Evercore ISI from $1,240.00 to $1,220.00. They now have an “outperform” rating on the stock.
• 4/16/2024 – O’Reilly Automotive was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/2/2024 – O’Reilly Automotive had its price target raised by analysts at Evercore ISI from $1,235.00 to $1,240.00. They now have an “outperform” rating on the stock.
• 4/2/2024 – O’Reilly Automotive had its price target raised by analysts at Truist Financial Co. from $1,149.00 to $1,234.00. They now have a “buy” rating on the stock.
• 3/26/2024 – O’Reilly Automotive had its price target raised by analysts at Evercore ISI from $1,200.00 to $1,235.00. They now have an “outperform” rating on the stock.
• 3/25/2024 – O’Reilly Automotive had its price target raised by analysts at Wells Fargo & Company from $1,200.00 to $1,300.00. They now have an “overweight” rating on the stock.
• 3/19/2024 – O’Reilly Automotive is now covered by analysts at Mizuho. They set a “buy” rating and a $1,225.00 price target on the stock.

O’Reilly Automotive Stock Down 0.0 %

O’Reilly Automotive stock traded down $0.29 during midday trading on Thursday, reaching $1,004.82. The stock had a trading volume of 164,238 shares, compared to its average volume of 374,041. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The firm’s 50-day moving average price is $1,095.77 and its 200 day moving average price is $1,018.24. The firm has a market capitalization of $59.31 billion, a PE ratio of 25.50, a P/E/G ratio of 1.91 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same period in the prior year, the business posted $8.28 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. Equities research analysts expect that O’Reilly Automotive, Inc. will post 41.92 EPS for the current year.

Insider Activity

In other news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company’s stock, valued at approximately $987,316. The disclosure for this sale can be found here. Insiders have sold a total of 25,968 shares of company stock worth $27,269,333 over the last ninety days. Company insiders own 1.55% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Hedge funds and other institutional investors have recently bought and sold shares of the company. Carmel Capital Partners LLC lifted its position in O’Reilly Automotive by 1,750.0% in the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 35 shares during the last quarter. Rise Advisors LLC bought a new stake in O’Reilly Automotive in the first quarter valued at approximately $36,000. Newbridge Financial Services Group Inc. bought a new stake in O’Reilly Automotive in the first quarter valued at approximately $37,000. Indiana Trust & Investment Management CO lifted its position in O’Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 26 shares during the last quarter. Finally, Arlington Trust Co LLC bought a new stake in O’Reilly Automotive in the third quarter valued at approximately $39,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

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.