O’Reilly Automotive (NASDAQ:ORLY) Price Target Raised to $115.00 at UBS Group

O’Reilly Automotive (NASDAQ:ORLY) had its price target hoisted by equities research analysts at UBS Group from $105.00 to $115.00 in a note issued to investors on Thursday, July 24th, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. UBS Group’s target price points to a potential upside of 15.72% from the company’s previous close.

ORLY has been the topic of several other research reports. Barclays raised their price objective on shares of O’Reilly Automotive from $83.33 to $86.00 and gave the stock an “equal weight” rating in a research note on Monday, April 28th. JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Royal Bank Of Canada restated an “outperform” rating and set a $98.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, July 2nd. Morgan Stanley reiterated an “overweight” rating on shares of O’Reilly Automotive in a research note on Thursday, April 24th. Finally, Wall Street Zen raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday, April 3rd. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $102.22.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $99.38 on Thursday. O’Reilly Automotive has a fifty-two week low of $73.11 and a fifty-two week high of $100.60. The firm has a fifty day moving average price of $91.68 and a two-hundred day moving average price of $90.14. The firm has a market cap of $84.95 billion, a price-to-earnings ratio of 35.53, a P/E/G ratio of 2.62 and a beta of 0.58.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%. The business had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the previous year, the firm earned $10.55 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. As a group, sell-side analysts expect that O’Reilly Automotive will post 43.94 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of O’Reilly Automotive stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $90.13, for a total value of $25,686.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the sale, the director owned 4,560 shares in the company, valued at $419,216. The trade was a 39.68% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,285 shares of company stock valued at $3,022,386. Corporate insiders own 1.01% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $25,000. HWG Holdings LP bought a new position in O’Reilly Automotive in the 1st quarter worth approximately $26,000. Oakworth Capital Inc. lifted its holdings in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after buying an additional 264 shares in the last quarter. HighMark Wealth Management LLC boosted its position in O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the last quarter. Finally, ORG Partners LLC increased its stake in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 277 shares during the period. Institutional investors and hedge funds 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.