O’Reilly Automotive (NASDAQ:ORLY) Price Target Cut to $110.00 by Analysts at Citigroup

O’Reilly Automotive (NASDAQ:ORLY) had its target price dropped by research analysts at Citigroup from $114.00 to $110.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Citigroup’s price objective suggests a potential upside of 19.14% from the company’s previous close.

ORLY has been the topic of several other research reports. Mizuho set a $105.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday. Truist Financial set a $107.00 target price on shares of O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada set a $109.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday. JPMorgan Chase & Co. dropped their target price on shares of O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a report on Friday. Finally, Morgan Stanley set a $108.00 price target on O’Reilly Automotive in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.26.

O’Reilly Automotive Price Performance

NASDAQ:ORLY traded down $1.89 during mid-day trading on Monday, hitting $92.33. The company’s stock had a trading volume of 3,117,452 shares, compared to its average volume of 6,492,810. The stock has a market cap of $77.93 billion, a price-to-earnings ratio of 31.14, a PEG ratio of 2.10 and a beta of 0.62. The business’s fifty day moving average is $94.98 and its two-hundred day moving average is $99.19. O’Reilly Automotive has a 1 year low of $85.55 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.01). The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.39 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 239.04%. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.50 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. Analysts anticipate that O’Reilly Automotive will post 43.94 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the sale, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. This represents a 98.83% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.01% of the company’s stock.

Institutional Investors Weigh In On O’Reilly Automotive

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of O’Reilly Automotive by 1,404.9% in the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after purchasing an additional 73,596,571 shares in the last quarter. State Street Corp raised its stake in O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after buying an additional 34,740,553 shares in the last quarter. Geode Capital Management LLC raised its position in shares of O’Reilly Automotive by 1,443.1% during the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after acquiring an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after purchasing an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC increased its stake in O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after purchasing an additional 13,382,074 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Company Profile

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.