O’Reilly Automotive (NASDAQ:ORLY) Upgraded at Wolfe Research

Wolfe Research upgraded shares of O’Reilly Automotive (NASDAQ:ORLY) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.

Several other equities analysts also recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Robert W. Baird set a $115.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Evercore ISI set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Finally, The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Buy” and an average price target of $112.05.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $92.54 on Monday. O’Reilly Automotive has a one year low of $78.30 and a one year high of $108.71. The company’s fifty day moving average price is $97.11 and its two-hundred day moving average price is $98.23. The company has a market capitalization of $78.11 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 2.17 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the firm posted $11.41 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts anticipate that O’Reilly Automotive will post 43.94 earnings per share for the current year.

Insider Activity

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director directly owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president owned 4,792 shares of the company’s stock, valued at $485,190. This represents a 42.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 8,980 shares of company stock worth $882,335. Company insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On O’Reilly Automotive

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its holdings in shares of O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after buying an additional 8 shares during the last quarter. SageView Advisory Group LLC increased its position in O’Reilly Automotive by 5.1% in the 1st quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock valued at $265,000 after acquiring an additional 9 shares in the last quarter. Greenline Partners LLC raised its stake in shares of O’Reilly Automotive by 18.2% in the first quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock worth $93,000 after acquiring an additional 10 shares during the last quarter. Freedom Investment Management Inc. raised its stake in shares of O’Reilly Automotive by 4.6% in the first quarter. Freedom Investment Management Inc. now owns 318 shares of the specialty retailer’s stock worth $455,000 after acquiring an additional 14 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. lifted its position in shares of O’Reilly Automotive by 5.5% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 306 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 16 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.