Barclays Issues Positive Forecast for O’Reilly Automotive (NASDAQ:ORLY) Stock Price

O’Reilly Automotive (NASDAQ:ORLY) had its target price boosted by Barclays from $1,110.00 to $1,250.00 in a research report released on Friday morning,Benzinga reports. Barclays currently has an equal weight rating on the specialty retailer’s stock.

ORLY has been the topic of several other reports. DA Davidson increased their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. BMO Capital Markets started coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective for the company. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Finally, Wells Fargo & Company lifted their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average target price of $1,374.88.

O’Reilly Automotive Trading Down 1.1 %

NASDAQ ORLY opened at $1,316.75 on Friday. O’Reilly Automotive has a twelve month low of $947.49 and a twelve month high of $1,350.27. The stock has a 50-day moving average of $1,240.65 and a 200 day moving average of $1,185.54. The stock has a market capitalization of $76.02 billion, a price-to-earnings ratio of 32.38, a PEG ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Equities analysts predict that O’Reilly Automotive will post 44.16 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Several hedge funds have recently made changes to their positions in ORLY. Wellington Management Group LLP lifted its position in O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after acquiring an additional 728,040 shares during the last quarter. Geode Capital Management LLC lifted its holdings in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares in the last quarter. International Assets Investment Management LLC boosted its stake in O’Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after buying an additional 133,139 shares during the period. Finally, Proficio Capital Partners LLC raised its holdings in O’Reilly Automotive by 205,600.0% in the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock valued at $597,602,000 after buying an additional 503,720 shares during the period. Hedge funds and other institutional investors 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.