DA Davidson Reiterates “Buy” Rating for O’Reilly Automotive (NASDAQ:ORLY)

O’Reilly Automotive (NASDAQ:ORLY)‘s stock had its “buy” rating restated by investment analysts at DA Davidson in a report issued on Wednesday, Benzinga reports. They presently have a $106.00 price objective on the specialty retailer’s stock. DA Davidson’s price target indicates a potential upside of 24.47% from the company’s current price.

A number of other analysts also recently issued reports on ORLY. Roth Capital reaffirmed a “buy” rating and set a $111.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 31st. UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Friday, July 31st. Robert W. Baird set a $100.00 price target on O’Reilly Automotive in a research report on Friday, July 31st. Weiss Ratings lowered O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. Finally, Wolfe Research set a $98.00 price objective on O’Reilly Automotive in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $107.24.

O’Reilly Automotive Price Performance

ORLY opened at $85.16 on Wednesday. The firm has a market capitalization of $68.89 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 2.16 and a beta of 0.52. O’Reilly Automotive has a one year low of $82.59 and a one year high of $108.71. The company has a fifty day moving average price of $88.57 and a 200-day moving average price of $90.21.

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

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Mancini sold 3,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares of the company’s stock, valued at $17,577. The trade was a 94.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Maria Sastre sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the transaction, the director directly owned 14,970 shares in the company, valued at $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock valued at $550,530 over the last three months. Insiders own 0.77% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Institutional investors have recently made changes to their positions in the stock. First National Bank of Mount Dora Trust Investment Services grew its holdings in O’Reilly Automotive by 26.8% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer’s stock worth $5,381,000 after acquiring an additional 12,316 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of O’Reilly Automotive in the fourth quarter valued at about $3,908,000. Swiss National Bank raised its stake in shares of O’Reilly Automotive by 6.5% during the first quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer’s stock valued at $228,670,000 after acquiring an additional 152,100 shares during the last quarter. Marble Wealth LLC bought a new position in shares of O’Reilly Automotive during the fourth quarter valued at about $2,559,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of O’Reilly Automotive by 77.1% during the fourth quarter. BNP Paribas Financial Markets now owns 2,853,830 shares of the specialty retailer’s stock worth $260,298,000 after purchasing an additional 1,242,846 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Company Profile

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.