O’Reilly Automotive (NASDAQ:ORLY) PT Raised to $1,170.00 at The Goldman Sachs Group

O’Reilly Automotive (NASDAQ:ORLYFree Report) had its price target boosted by The Goldman Sachs Group from $1,022.00 to $1,170.00 in a report issued on Friday morning, Benzinga reports. The Goldman Sachs Group currently has a buy rating on the specialty retailer’s stock.

A number of other research firms have also commented on ORLY. Truist Financial increased their price objective on O’Reilly Automotive from $1,068.00 to $1,080.00 and gave the company a buy rating in a research note on Friday, October 27th. Stephens reissued an overweight rating and set a $1,060.00 price target on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. JPMorgan Chase & Co. upped their price target on shares of O’Reilly Automotive from $980.00 to $1,030.00 and gave the stock an overweight rating in a research report on Wednesday, October 18th. Royal Bank of Canada upped their price target on shares of O’Reilly Automotive from $988.00 to $1,003.00 and gave the stock an outperform rating in a research report on Friday, October 27th. Finally, Barclays upped their price target on shares of 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. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $1,056.44.

Get Our Latest Stock Analysis on ORLY

O’Reilly Automotive Trading Up 0.1 %

NASDAQ:ORLY opened at $1,026.39 on Friday. The firm has a 50-day moving average price of $982.51 and a two-hundred day moving average price of $955.03. O’Reilly Automotive has a twelve month low of $795.74 and a twelve month high of $1,074.04. The company has a market capitalization of $60.72 billion, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 1.79 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) 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 firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $8.37 EPS. On average, equities research analysts predict that O’Reilly Automotive will post 42.15 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, Director Dana Perlman sold 100 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $974.24, for a total value of $97,424.00. Following the completion of the transaction, the director now owns 1,197 shares in the company, valued at approximately $1,166,165.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Dana Perlman sold 100 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $974.24, for a total value of $97,424.00. Following the completion of the transaction, the director now owns 1,197 shares of the company’s stock, valued at $1,166,165.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Several hedge funds and other institutional investors have recently modified their holdings of ORLY. Norges Bank acquired a new position in O’Reilly Automotive during the 4th quarter valued at $671,384,000. International Assets Investment Management LLC increased its position in shares of O’Reilly Automotive by 89,319.3% during the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after purchasing an additional 652,924 shares during the period. Morgan Stanley boosted its holdings in O’Reilly Automotive by 113.8% during the fourth quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer’s stock valued at $1,007,597,000 after purchasing an additional 635,416 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in O’Reilly Automotive by 101,509.2% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 531,416 shares of the specialty retailer’s stock valued at $448,531,000 after purchasing an additional 530,893 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in O’Reilly Automotive by 128.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock valued at $470,900,000 after purchasing an additional 386,822 shares during the last quarter. Institutional investors and hedge funds own 82.92% of the company’s stock.

O’Reilly Automotive Company Profile

(Get Free Report)

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 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.

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