UBS Group Boosts O’Reilly Automotive (NASDAQ:ORLY) Price Target to $1,275.00

O’Reilly Automotive (NASDAQ:ORLY) had its price target increased by UBS Group from $1,125.00 to $1,275.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a buy rating on the specialty retailer’s stock.

A number of other equities research analysts have also recently commented on the company. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an overweight rating in a research note on Monday, March 25th. Wedbush increased their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a neutral rating in a research note on Thursday, February 8th. Stephens reaffirmed an overweight rating and set a $1,060.00 price target on shares of O’Reilly Automotive in a report on Tuesday, December 19th. StockNews.com raised O’Reilly Automotive from a hold rating to a buy rating in a report on Tuesday. Finally, Mizuho started coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a buy rating and a $1,225.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of Moderate Buy and an average price target of $1,102.53.

O’Reilly Automotive Trading Down 0.9 %

NASDAQ ORLY opened at $1,090.94 on Wednesday. O’Reilly Automotive has a 12 month low of $860.10 and a 12 month high of $1,169.11. The stock has a market cap of $64.40 billion, a P/E ratio of 28.35, a P/E/G ratio of 2.00 and a beta of 0.86. The stock’s fifty day moving average price is $1,093.98 and its 200-day moving average price is $1,009.47.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping analysts’ consensus estimates of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same period in the prior year, the firm posted $8.37 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. As a group, analysts forecast that O’Reilly Automotive will post 42.09 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ORLY. Cibc World Market Inc. raised its stake in shares of O’Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock worth $2,213,000 after buying an additional 2,434 shares during the period. Sei Investments Co. grew its position in shares of O’Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock worth $10,894,000 after purchasing an additional 5,376 shares in the last quarter. Prudential PLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $1,847,000. Cetera Investment Advisers grew its position in shares of O’Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock worth $1,343,000 after purchasing an additional 644 shares in the last quarter. Finally, Moors & Cabot Inc. grew its position in shares of O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock worth $262,000 after purchasing an additional 39 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

About O’Reilly Automotive

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.