O’Reilly Automotive (NASDAQ:ORLY) PT Raised to $1,078.00 at Royal Bank of Canada

O’Reilly Automotive (NASDAQ:ORLYFree Report) had its price target boosted by Royal Bank of Canada from $1,003.00 to $1,078.00 in a report published on Friday, Benzinga reports. They currently have an outperform rating on the specialty retailer’s stock.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group raised their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a buy rating in a report on Friday. TD Cowen raised their price objective on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an outperform rating in a research note on Friday, December 8th. Stephens restated an overweight rating and set a $1,060.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, December 19th. Barclays boosted their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an equal weight rating in a research note on Thursday, January 4th. Finally, Wedbush increased their price target on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a neutral rating in a research report on Thursday, February 8th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of $1,056.44.

View Our Latest Stock Analysis on ORLY

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,026.39 on Friday. The stock has a fifty day moving average price of $982.51 and a two-hundred day moving average price of $955.03. The stock has a market capitalization of $60.72 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.79 and a beta of 0.86. O’Reilly Automotive has a 1 year low of $795.74 and a 1 year high of $1,074.04.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter in the previous year, the company posted $8.37 EPS. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts predict that O’Reilly Automotive will post 42.15 EPS for the current year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Dana Perlman sold 100 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $974.24, for a total transaction of $97,424.00. Following the completion of the transaction, the director now directly owns 1,197 shares of the company’s stock, valued at $1,166,165.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Dana Perlman sold 100 shares of O’Reilly Automotive stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $974.24, for a total value of $97,424.00. Following the completion of the transaction, the director now directly owns 1,197 shares of the company’s stock, valued at $1,166,165.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On O’Reilly Automotive

Several institutional investors have recently modified their holdings of ORLY. Partners Capital Investment Group LLP acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $215,000. BTG Pactual Global Asset Management Ltd raised its holdings in O’Reilly Automotive by 1.9% during the 4th quarter. BTG Pactual Global Asset Management Ltd now owns 2,000 shares of the specialty retailer’s stock worth $1,900,000 after buying an additional 37 shares during the period. Adero Partners LLC raised its holdings in shares of O’Reilly Automotive by 18.9% during the fourth quarter. Adero Partners LLC now owns 484 shares of the specialty retailer’s stock worth $460,000 after acquiring an additional 77 shares during the period. Scotia Capital Inc. lifted its holdings in shares of O’Reilly Automotive by 7.9% in the fourth quarter. Scotia Capital Inc. now owns 4,636 shares of the specialty retailer’s stock valued at $4,405,000 after purchasing an additional 338 shares in the last quarter. Finally, AMJ Financial Wealth Management boosted its position in O’Reilly Automotive by 5.8% during the 4th quarter. AMJ Financial Wealth Management now owns 6,903 shares of the specialty retailer’s stock worth $6,558,000 after acquiring an additional 377 shares during the last quarter. Institutional investors and hedge funds own 82.92% of the company’s stock.

About O’Reilly Automotive

(Get Free Report)

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 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.

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Analyst Recommendations for O'Reilly Automotive (NASDAQ:ORLY)

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