Brokerages Set O’Reilly Automotive, Inc. (NASDAQ:ORLY) Target Price at $112.05

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has earned an average recommendation of “Moderate Buy” from the twenty-three analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $112.05.

ORLY has been the topic of a number of recent analyst reports. Morgan Stanley upped their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Robert W. Baird set a $115.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Royal Bank Of Canada set a $110.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a research report on Monday, October 20th.

Insider Activity at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president directly owned 28 shares of the company’s stock, valued at approximately $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. The trade was a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,980 shares of company stock valued at $882,335 in the last ninety days. Company insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On O’Reilly Automotive

A number of institutional investors have recently bought and sold shares of ORLY. American Century Companies Inc. raised its holdings in shares of O’Reilly Automotive by 2.9% during the first quarter. American Century Companies Inc. now owns 5,849 shares of the specialty retailer’s stock worth $8,379,000 after purchasing an additional 167 shares during the last quarter. Algert Global LLC purchased a new position in shares of O’Reilly Automotive during the 1st quarter valued at about $713,000. Aptus Capital Advisors LLC lifted its holdings in shares of O’Reilly Automotive by 5.0% in the 1st quarter. Aptus Capital Advisors LLC now owns 479 shares of the specialty retailer’s stock valued at $686,000 after buying an additional 23 shares during the period. Credit Agricole S A boosted its stake in shares of O’Reilly Automotive by 9.4% in the first quarter. Credit Agricole S A now owns 5,031 shares of the specialty retailer’s stock worth $7,207,000 after buying an additional 432 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its holdings in O’Reilly Automotive by 71.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 656 shares of the specialty retailer’s stock worth $940,000 after acquiring an additional 273 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

ORLY opened at $91.00 on Friday. The firm has a market capitalization of $76.81 billion, a PE ratio of 31.52, a price-to-earnings-growth ratio of 2.14 and a beta of 0.62. The business’s 50-day moving average is $97.75 and its two-hundred day moving average is $98.26. O’Reilly Automotive has a 1 year low of $78.30 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same period last year, the business earned $11.41 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that O’Reilly Automotive will post 43.94 EPS for the current year.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.