O’Reilly Automotive (NASDAQ:ORLY) PT Raised to $1,275.00 at UBS Group

O’Reilly Automotive (NASDAQ:ORLY) had its price objective hoisted by UBS Group from $1,125.00 to $1,275.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. UBS Group’s price target indicates a potential upside of 15.80% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Barclays boosted their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Wedbush upped their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Royal Bank of Canada raised their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. The Goldman Sachs Group upped 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 research note on Friday, February 9th. Finally, Stephens reissued an “overweight” rating and issued a $1,060.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. Four equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,102.53.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,101.06 on Wednesday. O’Reilly Automotive has a 1 year low of $860.10 and a 1 year high of $1,169.11. The firm’s 50 day moving average price is $1,092.68 and its 200-day moving average price is $1,008.14. The stock has a market cap of $64.99 billion, a P/E ratio of 28.61, a PEG ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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. The company had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. O’Reilly Automotive’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company posted $8.37 earnings per share. As a group, equities analysts expect that O’Reilly Automotive will post 42.09 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the transaction, the director now directly owns 950 shares in the company, valued at approximately $987,316. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other O’Reilly Automotive 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 owns 2,335 shares of the company’s stock, valued at $2,400,380. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,968 shares of company stock worth $27,269,333. Company insiders own 1.55% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Groesbeck Investment Management Corp NJ raised its stake in shares of O’Reilly Automotive by 0.7% during the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock worth $1,306,000 after purchasing an additional 10 shares during the last quarter. Lindbrook Capital LLC raised its position in O’Reilly Automotive by 3.9% during the 4th quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after buying an additional 10 shares during the last quarter. Caprock Group LLC lifted its stake in shares of O’Reilly Automotive by 2.4% in the 3rd quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after acquiring an additional 11 shares during the period. Western Pacific Wealth Management LP boosted its holdings in shares of O’Reilly Automotive by 11.6% in the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 11 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of O’Reilly Automotive by 2.4% during the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after acquiring an additional 11 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

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.