O’Reilly Automotive Inc. (NASDAQ:ORLY)’s share price was down 2.4% during mid-day trading on Friday . The company traded as low as $276.90 and last traded at $277.45, with a volume of 416,734 shares traded. The stock had previously closed at $284.17.

A number of equities analysts have issued reports on ORLY shares. Wedbush restated an “outperform” rating and set a $280.00 price target on shares of O’Reilly Automotive in a report on Thursday, July 28th. Vetr cut O’Reilly Automotive from a “strong-buy” rating to a “buy” rating and set a $301.89 price target on the stock. in a report on Tuesday, June 28th. Jefferies Group increased their price target on O’Reilly Automotive from $325.00 to $336.00 and gave the stock a “buy” rating in a report on Thursday, July 28th. Deutsche Bank AG increased their price target on O’Reilly Automotive from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Finally, Citigroup Inc. increased their price target on O’Reilly Automotive from $295.00 to $310.00 and gave the stock a “buy” rating in a report on Friday, April 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $303.47.

The firm has a market capitalization of $26.41 billion and a PE ratio of 27.66. The stock’s 50-day moving average price is $282.56 and its 200 day moving average price is $269.46.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 27th. The company reported $2.65 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.68 by $0.03. During the same quarter in the previous year, the company earned $2.29 EPS. The company earned $2.18 billion during the quarter, compared to the consensus estimate of $2.19 billion. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Analysts expect that O’Reilly Automotive Inc. will post $10.73 earnings per share for the current fiscal year.

In related news, SVP Brad W. Beckham sold 4,000 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $285.49, for a total transaction of $1,141,960.00. Following the sale, the senior vice president now directly owns 4,338 shares in the company, valued at $1,238,455.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Thomas Mcfall sold 10,000 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, June 28th. The shares were sold at an average price of $270.00, for a total value of $2,700,000.00. Following the sale, the chief financial officer now owns 15,065 shares in the company, valued at $4,067,550. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in ORLY. Calvert Investment Management Inc. raised its stake in O’Reilly Automotive by 28.2% in the fourth quarter. Calvert Investment Management Inc. now owns 5,309 shares of the company’s stock valued at $1,345,000 after buying an additional 1,167 shares in the last quarter. Stephens Inc. AR raised its stake in O’Reilly Automotive by 7.5% in the fourth quarter. Stephens Inc. AR now owns 5,737 shares of the company’s stock valued at $1,454,000 after buying an additional 399 shares in the last quarter. KBC Group NV raised its stake in O’Reilly Automotive by 2.7% in the fourth quarter. KBC Group NV now owns 11,399 shares of the company’s stock valued at $2,889,000 after buying an additional 301 shares in the last quarter. Finally, State of Tennessee Treasury Department raised its stake in O’Reilly Automotive by 5.4% in the fourth quarter. State of Tennessee Treasury Department now owns 122,744 shares of the company’s stock valued at $31,105,000 after buying an additional 6,244 shares in the last quarter.

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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