O'Reilly Automotive (NASDAQ:ORLY) PT Raised to $1,150.00 at Morgan Stanley

O'Reilly Automotive (NASDAQ:ORLY - Free Report) had its price objective hoisted by Morgan Stanley from $1,100.00 to $1,150.00 in a report issued on Thursday morning, Benzinga reports. They currently have an equal weight rating on the specialty retailer's stock.

Several other research firms also recently issued reports on ORLY. Roth Mkm reissued a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. Wedbush reissued a "neutral" rating and issued a $1,200.00 price objective on shares of O'Reilly Automotive in a report on Thursday. JPMorgan Chase & Co. lifted their target price on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. UBS Group cut their price target on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating on the stock in a report on Thursday, July 18th. Finally, DA Davidson upped their price objective on shares of O'Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a "buy" rating in a report on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and a consensus price target of $1,209.56.

O'Reilly Automotive Stock Up 0.0 %

Shares of O'Reilly Automotive stock traded up $0.52 during trading on Thursday, reaching $1,199.77. The company's stock had a trading volume of 430,628 shares, compared to its average volume of 374,956. O'Reilly Automotive has a 1-year low of $860.10 and a 1-year high of $1,221.18. The company has a 50-day simple moving average of $1,147.32 and a two-hundred day simple moving average of $1,080.64. The company has a market cap of $70.66 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.30 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O'Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. O'Reilly Automotive's revenue was up 3.8% compared to the same quarter last year. As a group, analysts anticipate that O'Reilly Automotive will post 41.06 earnings per share for the current year.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now owns 265 shares of the company's stock, valued at $296,800. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the business's stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares in the company, valued at approximately $15,049,409.85. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now directly owns 265 shares of the company's stock, valued at approximately $296,800. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock valued at $56,846,062 over the last ninety days. Corporate insiders own 1.55% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in O'Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer's stock valued at $5,739,462,000 after acquiring an additional 75,837 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of O'Reilly Automotive by 3.2% in the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer's stock valued at $1,954,404,000 after purchasing an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of O'Reilly Automotive by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer's stock worth $1,505,649,000 after purchasing an additional 19,211 shares during the period. JPMorgan Chase & Co. increased its position in shares of O'Reilly Automotive by 56.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer's stock worth $1,180,259,000 after purchasing an additional 376,167 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of O'Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock worth $984,027,000 after purchasing an additional 853,633 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.