O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,390.81 Consensus PT from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been assigned a consensus recommendation of “Buy” from the eighteen ratings firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $1,390.81.

Several research firms have commented on ORLY. Wells Fargo & Company lifted their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Barclays raised their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Mizuho boosted their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. UBS Group raised their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday, April 3rd.

O’Reilly Automotive Trading Down 1.2 %

ORLY opened at $1,397.93 on Friday. The company has a market cap of $80.02 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 2.34 and a beta of 0.79. The company’s fifty day moving average price is $1,350.08 and its two-hundred day moving average price is $1,265.01. O’Reilly Automotive has a 1-year low of $947.49 and a 1-year high of $1,458.37.

Shares of O’Reilly Automotive are set to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly minted shares will be payable to shareholders after the market closes on Monday, June 9th.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities analysts forecast that O’Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the completion of the transaction, the chairman now owns 11,397 shares in the company, valued at $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,894 shares of company stock worth $10,409,618. 1.01% of the stock is owned by company insiders.

Hedge Funds Weigh In On O’Reilly Automotive

Institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp grew its position in O’Reilly Automotive by 0.6% in the first quarter. Fifth Third Bancorp now owns 37,014 shares of the specialty retailer’s stock worth $53,026,000 after acquiring an additional 219 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in shares of O’Reilly Automotive by 3.0% in the 1st quarter. Focus Financial Network Inc. now owns 519 shares of the specialty retailer’s stock worth $744,000 after purchasing an additional 15 shares in the last quarter. Donaldson Capital Management LLC increased its position in shares of O’Reilly Automotive by 2.1% during the 1st quarter. Donaldson Capital Management LLC now owns 6,858 shares of the specialty retailer’s stock valued at $9,825,000 after purchasing an additional 143 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of O’Reilly Automotive by 197.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer’s stock valued at $434,765,000 after purchasing an additional 201,356 shares during the last quarter. Finally, MV Capital Management Inc. lifted its position in O’Reilly Automotive by 175.9% in the 1st quarter. MV Capital Management Inc. now owns 149 shares of the specialty retailer’s stock worth $213,000 after buying an additional 95 shares during the last quarter. 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.