Brokerages Set O’Reilly Automotive, Inc. (NASDAQ:ORLY) Target Price at $107.24

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $107.2353.

Several research firms have recently issued reports on ORLY. Wells Fargo & Company set a $100.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 24th. Morgan Stanley cut their price target on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Citigroup reaffirmed a “buy” rating and issued a $106.00 price target (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. Finally, UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $85.82 on Friday. The firm has a market cap of $69.42 billion, a price-to-earnings ratio of 27.33, a price-to-earnings-growth ratio of 2.06 and a beta of 0.52. The company has a 50 day moving average price of $88.42 and a 200-day moving average price of $89.89. O’Reilly Automotive has a 1-year low of $82.59 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.86. The firm had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, sell-side analysts anticipate that O’Reilly Automotive will post 3.27 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Maria Sastre sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Christopher Mancini sold 3,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the transaction, the senior vice president owned 189 shares of the company’s stock, valued at $17,577. This represents a 94.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,000 shares of company stock worth $550,530 in the last quarter. Corporate insiders own 0.77% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in O’Reilly Automotive in the 2nd quarter valued at about $5,950,042,000. Geode Capital Management LLC increased its stake in O’Reilly Automotive by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock worth $2,201,555,000 after buying an additional 372,896 shares in the last quarter. Norges Bank purchased a new stake in O’Reilly Automotive during the 4th quarter worth approximately $1,134,311,000. Bank of New York Mellon Corp acquired a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $1,023,936,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of O’Reilly Automotive by 1.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,329,667 shares of the specialty retailer’s stock valued at $859,169,000 after acquiring an additional 141,915 shares during the last quarter. Hedge funds and other institutional investors 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, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O’Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.