O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,144.06 Average PT from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $1,144.06.

A number of equities analysts recently commented on the company. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Bank of America upped their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Royal Bank of Canada decreased their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research report on Friday, July 26th. Truist Financial upped their price objective on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, DA Davidson lifted their target price on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a report on Friday, July 26th.

Insider Activity

In other O’Reilly Automotive news, Director Gregory D. Johnson sold 15,364 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the transaction, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now directly owns 5,016 shares in the company, valued at $5,698,978.56. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,411 shares of company stock valued at $56,846,062. Insiders own 1.55% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ORLY. Wellington Management Group LLP boosted its stake in shares of O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after acquiring an additional 397,108 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in O’Reilly Automotive by 56.2% in the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after purchasing an additional 376,167 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of O’Reilly Automotive by 15.0% in the first quarter. Bank of New York Mellon Corp now owns 1,406,513 shares of the specialty retailer’s stock valued at $1,587,784,000 after buying an additional 183,296 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of O’Reilly Automotive by 4,574.1% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock valued at $122,698,000 after buying an additional 126,382 shares in the last quarter. Finally, TD Asset Management Inc raised its stake in shares of O’Reilly Automotive by 148.1% during the 4th quarter. TD Asset Management Inc now owns 176,374 shares of the specialty retailer’s stock worth $167,569,000 after buying an additional 105,291 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.2 %

Shares of O’Reilly Automotive stock opened at $1,146.03 on Wednesday. The firm has a market cap of $67.49 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. O’Reilly Automotive has a 52 week low of $860.10 and a 52 week high of $1,169.11. The business’s fifty day simple moving average is $1,119.14 and its 200-day simple moving average is $1,073.95.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same period last year, the business earned $10.22 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. As a group, equities analysts expect that O’Reilly Automotive will post 41.13 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.