O'Reilly Automotive (NASDAQ:ORLY) Given New $1,500.00 Price Target at BMO Capital Markets

O'Reilly Automotive (NASDAQ:ORLY - Free Report) had its target price boosted by BMO Capital Markets from $1,450.00 to $1,500.00 in a report published on Friday,Benzinga reports. The firm currently has an outperform rating on the specialty retailer's stock.

Several other equities analysts have also recently issued reports on ORLY. Barclays boosted their target price on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research report on Friday, February 7th. DA Davidson increased their price objective on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Morgan Stanley restated an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. Wedbush increased their price target on shares of O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a "neutral" rating in a report on Thursday, February 6th. Finally, Wells Fargo & Company upped their target price on shares of O'Reilly Automotive from $1,425.00 to $1,550.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 16th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $1,414.56.

O'Reilly Automotive Stock Performance

NASDAQ ORLY traded up $29.07 during trading on Friday, reaching $1,399.23. The company's stock had a trading volume of 404,774 shares, compared to its average volume of 381,199. The business's fifty day moving average price is $1,360.44 and its 200-day moving average price is $1,278.97. O'Reilly Automotive has a twelve month low of $947.49 and a twelve month high of $1,458.37. The firm has a market cap of $80.09 billion, a price-to-earnings ratio of 34.41, a P/E/G ratio of 2.34 and a beta of 0.79.

O'Reilly Automotive shares are going to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be payable to shareholders after the closing bell on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $9.35 EPS for the quarter, missing analysts' consensus estimates of $9.84 by ($0.49). The firm had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.20 EPS. As a group, sell-side analysts forecast 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, Chairman Gregory L. Henslee sold 3,073 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares of the company's stock, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 248 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the transaction, the director now directly owns 452 shares of the company's stock, valued at approximately $592,675.96. This represents a 35.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock worth $10,409,618 over the last quarter. 1.01% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of ORLY. Envestnet Asset Management Inc. boosted its stake in O'Reilly Automotive by 4.7% in the first quarter. Envestnet Asset Management Inc. now owns 258,986 shares of the specialty retailer's stock valued at $371,018,000 after acquiring an additional 11,666 shares during the period. Penserra Capital Management LLC boosted its position in O'Reilly Automotive by 110.3% during the 1st quarter. Penserra Capital Management LLC now owns 881 shares of the specialty retailer's stock valued at $1,260,000 after purchasing an additional 462 shares during the period. Crew Capital Management Ltd. grew its stake in O'Reilly Automotive by 3.2% during the 1st quarter. Crew Capital Management Ltd. now owns 682 shares of the specialty retailer's stock worth $977,000 after buying an additional 21 shares during the last quarter. Traveka Wealth LLC acquired a new stake in O'Reilly Automotive in the first quarter worth $202,000. Finally, Argentarii LLC bought a new stake in O'Reilly Automotive in the first quarter valued at $348,000. 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.