O’Reilly Automotive (NASDAQ:ORLY) Given Buy Rating at DA Davidson

O’Reilly Automotive (NASDAQ:ORLY)‘s stock had its “buy” rating restated by analysts at DA Davidson in a note issued to investors on Wednesday, September 16th, Benzinga reports. They presently have a $106.00 price objective on the specialty retailer’s stock. DA Davidson’s price target suggests a potential upside of 23.10% from the company’s current price.

A number of other equities analysts have also recently issued reports on the company. Citigroup restated a “buy” rating and set a $106.00 price target (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. Roth Capital reiterated a “buy” rating and issued a $111.00 target price on shares of O’Reilly Automotive in a report on Friday, July 31st. UBS Group reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Morgan Stanley cut their target price on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Finally, TD Cowen cut their target price on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $107.24.

O’Reilly Automotive Trading Down 0.2%

NASDAQ:ORLY traded down $0.13 on Wednesday, reaching $86.11. 4,161,667 shares of the stock traded hands, compared to its average volume of 6,555,928. The firm has a market capitalization of $69.66 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52. The company’s 50 day moving average is $88.48 and its 200-day moving average is $89.77. O’Reilly Automotive has a 1-year low of $82.59 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities research analysts forecast that O’Reilly Automotive will post 3.27 EPS for the current fiscal year.

Insider Activity

In other news, Director Thomas Hendrickson sold 1,000 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the completion of the sale, the director directly owned 18,675 shares of the company’s stock, valued at $1,640,225.25. This trade represents a 5.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Maria Sastre sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the sale, the director directly owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,000 shares of company stock valued at $550,530 in the last ninety days. 0.77% of the stock is currently owned by insiders.

Institutional Trading of O’Reilly Automotive

Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at approximately $5,950,042,000. Geode Capital Management LLC grew its holdings in O’Reilly Automotive by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock valued at $2,201,555,000 after buying an additional 372,896 shares in the last quarter. Norges Bank purchased a new position in O’Reilly Automotive during the 4th quarter valued at about $1,134,311,000. Bank of New York Mellon Corp purchased a new position in O’Reilly Automotive during the 2nd quarter valued at about $1,023,936,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in O’Reilly Automotive by 1.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,329,667 shares of the specialty retailer’s stock valued at $859,169,000 after buying an additional 141,915 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O’Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.