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

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have been assigned a consensus rating of "Buy" from the eighteen analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $1,398.63.

Several research firms have recently issued reports on ORLY. Royal Bank of Canada increased their target price on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Guggenheim reissued a "buy" rating and issued a $1,475.00 target price on shares of O'Reilly Automotive in a report on Monday, March 10th. UBS Group upped their price target on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a report on Friday, February 7th. DA Davidson lifted their price objective on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $1,425.00 to $1,550.00 and gave the company an "overweight" rating in a research report on Wednesday.

Insider Activity

In related news, Director Andrea Weiss sold 248 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the completion of the transaction, the director now owns 452 shares in the company, valued at $592,675.96. This trade represents a 35.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of O'Reilly Automotive by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,163,271 shares of the specialty retailer's stock worth $6,122,607,000 after acquiring an additional 17,325 shares during the last quarter. GAMMA Investing LLC increased its position in O'Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the period. FMR LLC raised its holdings in O'Reilly Automotive by 0.8% during the 4th quarter. FMR LLC now owns 1,443,540 shares of the specialty retailer's stock worth $1,711,750,000 after purchasing an additional 11,039 shares during the last quarter. Invesco Ltd. lifted its position in shares of O'Reilly Automotive by 6.2% in the 4th quarter. Invesco Ltd. now owns 799,848 shares of the specialty retailer's stock worth $948,460,000 after purchasing an additional 46,979 shares during the period. Finally, Norges Bank bought a new stake in shares of O'Reilly Automotive in the 4th quarter valued at $867,190,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Performance

Shares of ORLY stock traded up $26.54 on Friday, hitting $1,390.90. The company's stock had a trading volume of 428,963 shares, compared to its average volume of 377,752. O'Reilly Automotive has a fifty-two week low of $947.49 and a fifty-two week high of $1,458.37. The company has a market capitalization of $79.62 billion, a PE ratio of 34.21, a PEG ratio of 2.34 and a beta of 0.79. The stock's 50 day moving average is $1,352.65 and its 200-day moving average is $1,267.35.

O'Reilly Automotive's stock is going to split on the morning of Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly minted shares will be distributed to shareholders after the market closes on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, research analysts forecast that O'Reilly Automotive will post 43.94 earnings per share for the current year.

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.