O’Reilly Automotive (NASDAQ:ORLY) PT Lowered to $1,200.00

O’Reilly Automotive (NASDAQ:ORLY) had its price objective lowered by Evercore ISI from $1,220.00 to $1,200.00 in a report published on Friday, Benzinga reports. The firm currently has an outperform rating on the specialty retailer’s stock.

ORLY has been the topic of a number of other reports. Truist Financial reduced their price target on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a buy rating on the stock in a report on Friday. Wells Fargo & Company decreased 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. Wedbush restated a neutral rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. Mizuho initiated coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a buy rating and a $1,225.00 price objective on the stock. Finally, UBS Group raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a buy rating in a report on Wednesday, April 17th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus price target of $1,110.07.

O’Reilly Automotive Stock Down 0.7 %

Shares of O’Reilly Automotive stock opened at $1,037.04 on Friday. O’Reilly Automotive has a 52 week low of $860.10 and a 52 week high of $1,169.11. The stock’s 50-day simple moving average is $1,096.92 and its 200-day simple moving average is $1,017.73. The company has a market capitalization of $61.22 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.91 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping 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 company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same period in the previous year, the firm earned $8.28 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that O’Reilly Automotive will post 41.79 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at $2,400,380. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock valued at $27,269,333 in the last quarter. 1.18% of the stock is owned by insiders.

Institutional Trading of O’Reilly Automotive

A number of hedge funds have recently bought and sold shares of the stock. Exchange Traded Concepts LLC grew its stake in O’Reilly Automotive by 16.8% in the third quarter. Exchange Traded Concepts LLC now owns 1,921 shares of the specialty retailer’s stock valued at $1,746,000 after purchasing an additional 276 shares during the last quarter. Private Trust Co. NA raised its stake in shares of O’Reilly Automotive by 11.4% during the 3rd quarter. Private Trust Co. NA now owns 488 shares of the specialty retailer’s stock worth $444,000 after acquiring an additional 50 shares in the last quarter. Caprock Group LLC grew its holdings in O’Reilly Automotive by 2.4% in the third quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after purchasing an additional 11 shares during the last quarter. CX Institutional boosted its position in shares of O’Reilly Automotive by 25.6% in the 3rd quarter. CX Institutional now owns 280 shares of the specialty retailer’s stock worth $254,000 after purchasing an additional 57 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in O’Reilly Automotive during the 3rd quarter worth $590,000. 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.