O’Reilly Automotive, Inc. (NASDAQ:ORLY)‘s stock had its “buy” rating reissued by equities researchers at Oppenheimer Holdings, Inc. in a research report issued on Wednesday.

A number of other brokerages also recently issued reports on ORLY. Deutsche Bank AG downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating and dropped their price target for the company from $315.00 to $273.00 in a report on Tuesday, April 25th. Royal Bank of Canada dropped their price target on shares of O’Reilly Automotive from $304.00 to $297.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 25th. Zacks Investment Research raised shares of O’Reilly Automotive from a “sell” rating to a “hold” rating in a report on Monday, May 1st. BidaskClub downgraded shares of O’Reilly Automotive from a “sell” rating to a “strong sell” rating in a report on Friday, June 23rd. Finally, Cleveland Research downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Monday, April 3rd. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $258.64.

O’Reilly Automotive (ORLY) traded down 2.08% on Wednesday, reaching $172.85. 4,485,917 shares of the company traded hands. O’Reilly Automotive has a one year low of $170.68 and a one year high of $292.84. The stock’s 50 day moving average price is $237.55 and its 200 day moving average price is $260.49. The company has a market capitalization of $15.73 billion, a PE ratio of 15.76 and a beta of 0.76.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, April 26th. The specialty retailer reported $2.60 earnings per share for the quarter, missing analysts’ consensus estimates of $2.88 by $0.28. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.22 billion. O’Reilly Automotive had a net margin of 12.10% and a return on equity of 61.79%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.59 earnings per share. On average, equities research analysts predict that O’Reilly Automotive will post $11.89 EPS for the current fiscal year.

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In other O’Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $218.74, for a total transaction of $227,489.60. Following the transaction, the senior vice president now owns 9,224 shares of the company’s stock, valued at $2,017,657.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Raymond Murphy sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $246.77, for a total transaction of $148,062.00. The disclosure for this sale can be found here. In the last three months, insiders sold 26,640 shares of company stock worth $6,639,552. 3.12% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of ORLY. BlackRock Inc. increased its position in shares of O’Reilly Automotive by 2,327.8% in the first quarter. BlackRock Inc. now owns 5,692,648 shares of the specialty retailer’s stock valued at $1,536,105,000 after buying an additional 5,458,171 shares in the last quarter. Waddell & Reed Financial Inc. increased its position in shares of O’Reilly Automotive by 188.5% in the first quarter. Waddell & Reed Financial Inc. now owns 1,404,613 shares of the specialty retailer’s stock valued at $379,021,000 after buying an additional 917,800 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in shares of O’Reilly Automotive by 117.2% in the first quarter. TIAA CREF Investment Management LLC now owns 825,717 shares of the specialty retailer’s stock valued at $222,811,000 after buying an additional 445,609 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of O’Reilly Automotive by 109.1% in the first quarter. Alliancebernstein L.P. now owns 792,138 shares of the specialty retailer’s stock valued at $213,751,000 after buying an additional 413,385 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its position in shares of O’Reilly Automotive by 85.3% in the fourth quarter. UBS Asset Management Americas Inc. now owns 894,128 shares of the specialty retailer’s stock valued at $248,933,000 after buying an additional 411,530 shares in the last quarter. 92.20% of the stock is currently owned by institutional investors and hedge funds.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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

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