Recent Research Analysts’ Ratings Changes for O’Reilly Automotive (ORLY)

O’Reilly Automotive (NASDAQ: ORLY) has recently received a number of price target changes and ratings updates:

• 10/25/2024 – O’Reilly Automotive was upgraded by analysts at BNP Paribas to a “strong-buy” rating.
• 10/25/2024 – O’Reilly Automotive had its price target raised by analysts at Royal Bank of Canada from $1,115.00 to $1,286.00. They now have an “outperform” rating on the stock.
• 10/25/2024 – O’Reilly Automotive had its price target raised by analysts at Barclays PLC from $986.00 to $1,088.00. They now have an “equal weight” rating on the stock.
• 10/25/2024 – O’Reilly Automotive had its price target raised by analysts at TD Cowen from $1,300.00 to $1,375.00. They now have a “buy” rating on the stock.
• 10/25/2024 – O’Reilly Automotive had its price target raised by analysts at Truist Financial Co. from $1,290.00 to $1,313.00. They now have a “buy” rating on the stock.
• 10/24/2024 – O’Reilly Automotive had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $1,200.00 price target on the stock.
• 10/24/2024 – O’Reilly Automotive had its price target raised by analysts at Morgan Stanley from $1,100.00 to $1,150.00. They now have an “equal weight” rating on the stock.
• 10/24/2024 – O’Reilly Automotive had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $1,275.00 price target on the stock.
• 10/16/2024 – O’Reilly Automotive had its price target raised by analysts at JPMorgan Chase & Co. from $1,125.00 to $1,300.00. They now have an “overweight” rating on the stock.
• 10/16/2024 – O’Reilly Automotive had its “buy” rating reaffirmed by analysts at Roth Mkm. They now have a $1,337.00 price target on the stock.
• 10/15/2024 – O’Reilly Automotive was upgraded by analysts at Roth Capital to a “strong-buy” rating.
• 10/14/2024 – O’Reilly Automotive had its price target raised by analysts at Wells Fargo & Company from $1,250.00 to $1,325.00. They now have an “overweight” rating on the stock.
• 10/14/2024 – O’Reilly Automotive had its price target raised by analysts at Truist Financial Co. from $1,204.00 to $1,290.00. They now have a “buy” rating on the stock.

O’Reilly Automotive Trading Up 0.2 %

Shares of NASDAQ:ORLY opened at $1,238.78 on Thursday. The firm has a market cap of $71.51 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. The company has a fifty day simple moving average of $1,165.19 and a 200 day simple moving average of $1,091.11. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,252.54.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business posted $10.72 earnings per share. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the transaction, the chairman now directly owns 183,583 shares of the company’s stock, valued at $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,322 shares of company stock worth $18,280,698 over the last 90 days. Insiders own 1.55% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ORLY. Darwin Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Trifecta Capital Advisors LLC increased its stake in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive during the third quarter worth approximately $37,000. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the third quarter worth approximately $41,000. Finally, Crewe Advisors LLC bought a new position in O’Reilly Automotive during the 1st quarter valued at $43,000. Institutional investors and hedge funds 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.