O’Reilly Automotive (NASDAQ:ORLY) Price Target Raised to $1,525.00

O’Reilly Automotive (NASDAQ:ORLY) had its target price boosted by DA Davidson from $1,450.00 to $1,525.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the specialty retailer’s stock. DA Davidson also issued estimates for O’Reilly Automotive’s Q1 2025 earnings at $9.92 EPS, FY2025 earnings at $44.71 EPS and FY2026 earnings at $48.27 EPS.

A number of other brokerages have also recently commented on ORLY. Guggenheim increased their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday. Barclays lifted their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Wells Fargo & Company lifted their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Wedbush boosted their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus price target of $1,387.69.

O’Reilly Automotive Stock Down 1.1 %

Shares of ORLY stock opened at $1,316.75 on Friday. The firm has a market cap of $76.02 billion, a PE ratio of 32.38, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive has a 12 month low of $947.49 and a 12 month high of $1,350.27. The company’s fifty day simple moving average is $1,242.12 and its 200-day simple moving average is $1,188.31.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities analysts predict that O’Reilly Automotive will post 44.16 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On O’Reilly Automotive

Hedge funds have recently modified their holdings of the company. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive in the fourth quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $32,000. Kestra Investment Management LLC bought a new position in O’Reilly Automotive in the 4th quarter valued at approximately $32,000. Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the period. Finally, MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

About O’Reilly Automotive

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.