O'Reilly Automotive, Inc. (NASDAQ:ORLY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fifteen research firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $1,116.93.

Several analysts have recently issued reports on the stock. Truist Financial decreased their target price on shares of O'Reilly Automotive from $1,212.00 to $1,143.00 and set a "buy" rating on the stock in a research report on Tuesday, July 2nd. StockNews.com cut O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Friday, May 3rd. Wells Fargo & Company cut their target price on O'Reilly Automotive from $1,300.00 to $1,200.00 and set an "overweight" rating on the stock in a research report on Thursday, April 25th. UBS Group raised their price target on O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, April 17th. Finally, Evercore ISI cut their price objective on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 2nd.

Insider Activity

In related news, Director Lawrence P. Oreilly sold 1,500 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares of the company's stock, valued at $30,016,543.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of O'Reilly Automotive stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares of the company's stock, valued at approximately $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lawrence P. Oreilly sold 1,500 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The disclosure for this sale can be found here. Insiders own 1.55% of the company's stock.

Institutional Trading of O'Reilly Automotive

Large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in O'Reilly Automotive by 181.4% during the 3rd quarter. Wellington Management Group LLP now owns 60,517 shares of the specialty retailer's stock worth $55,001,000 after acquiring an additional 39,009 shares during the period. Sunbelt Securities Inc. grew its position in shares of O'Reilly Automotive by 2.4% in the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer's stock valued at $418,000 after purchasing an additional 11 shares during the period. Wesbanco Bank Inc. boosted its holdings in shares of O'Reilly Automotive by 7.3% in the 3rd quarter. Wesbanco Bank Inc. now owns 6,070 shares of the specialty retailer's stock valued at $5,517,000 after purchasing an additional 411 shares during the last quarter. Anchor Investment Management LLC acquired a new position in shares of O'Reilly Automotive in the 4th quarter valued at about $2,510,000. Finally, DNB Asset Management AS lifted its position in shares of O'Reilly Automotive by 13.5% during the fourth quarter. DNB Asset Management AS now owns 24,426 shares of the specialty retailer's stock worth $23,207,000 after purchasing an additional 2,897 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Up 0.7 %

O'Reilly Automotive stock traded up $7.12 during midday trading on Friday, reaching $1,040.11. 367,441 shares of the stock traded hands, compared to its average volume of 395,409. The stock has a market cap of $61.25 billion, a P/E ratio of 26.40, a PEG ratio of 1.89 and a beta of 0.92. The stock's fifty day moving average is $1,013.25 and its 200-day moving average is $1,038.10. O'Reilly Automotive has a 12 month low of $860.10 and a 12 month high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts' consensus estimates of $9.18 by $0.02. O'Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the company earned $8.28 EPS. The company's quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts predict that O'Reilly Automotive will post 41.86 EPS for the current fiscal year.

About O'Reilly Automotive

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.