Analysts Set O’Reilly Automotive, Inc. (NASDAQ:ORLY) PT at $1,269.31

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has received an average recommendation of “Moderate Buy” from the eighteen analysts that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $1,269.31.

ORLY has been the topic of a number of analyst reports. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada increased their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. BMO Capital Markets began coverage on O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target on the stock. TD Cowen increased their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On O’Reilly Automotive

Large investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its stake in O’Reilly Automotive by 22.5% during the fourth quarter. GAMMA Investing LLC now owns 1,040 shares of the specialty retailer’s stock valued at $1,233,000 after buying an additional 191 shares during the last quarter. Versant Capital Management Inc raised its position in shares of O’Reilly Automotive by 5.2% in the 4th quarter. Versant Capital Management Inc now owns 221 shares of the specialty retailer’s stock worth $262,000 after purchasing an additional 11 shares during the last quarter. SK Wealth Management LLC purchased a new stake in O’Reilly Automotive during the 3rd quarter valued at about $341,000. Oddo BHF Asset Management Sas purchased a new position in O’Reilly Automotive in the third quarter worth about $1,666,000. Finally, Peapack Gladstone Financial Corp lifted its stake in shares of O’Reilly Automotive by 2.3% in the third quarter. Peapack Gladstone Financial Corp now owns 1,133 shares of the specialty retailer’s stock worth $1,305,000 after buying an additional 25 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 1.4 %

ORLY opened at $1,204.22 on Friday. The business’s fifty day simple moving average is $1,218.96 and its 200 day simple moving average is $1,151.38. O’Reilly Automotive has a 52 week low of $914.50 and a 52 week high of $1,283.96. The stock has a market cap of $69.52 billion, a PE ratio of 29.79, a P/E/G ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.72 earnings per share. As a group, equities analysts anticipate that O’Reilly Automotive will post 40.85 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.