O'Reilly Automotive (NASDAQ:ORLY) Price Target Raised to $105.00

Key Points

• Wells Fargo raised O’Reilly Automotive’s price target to $105 from $100 and maintained an “overweight” rating, implying 14.44% upside from the prior close.
• Analyst sentiment remains favorable, with 17 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $108.37.
• O’Reilly exceeded quarterly expectations, reporting $0.97 in EPS and $5.12 billion in revenue, up 8.8% year over year; however, recent insider activity has consisted entirely of stock sales.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) had its price objective raised by equities research analysts at Wells Fargo & Company from $100.00 to $105.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the specialty retailer's stock. Wells Fargo & Company's target price indicates a potential upside of 14.44% from the stock's previous close.

A number of other research firms have also recently weighed in on ORLY. Weiss Ratings cut O'Reilly Automotive from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, August 27th. Robert W. Baird set a $100.00 target price on shares of O'Reilly Automotive and gave the stock a "neutral" rating in a research note on Friday, July 31st. Sanford C. Bernstein started coverage on shares of O'Reilly Automotive in a report on Tuesday, September 29th. They set a "market perform" rating and a $94.00 price target on the stock. Bank of America initiated coverage on shares of O'Reilly Automotive in a research report on Monday. They issued a "buy" rating and a $106.00 price target for the company. Finally, Roth Capital reissued a "buy" rating and issued a $111.00 price objective (up from $109.00) on shares of O'Reilly Automotive in a research note on Friday, July 31st. Seventeen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $108.37.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $91.75 on Thursday. O'Reilly Automotive has a 1-year low of $82.59 and a 1-year high of $102.46. The company's fifty day simple moving average is $87.28 and its 200-day simple moving average is $90.60. The stock has a market capitalization of $74.22 billion, a PE ratio of 29.18, a P/E/G ratio of 2.23 and a beta of 0.54.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The specialty retailer reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%. The firm had revenue of $5.12 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the business posted $0.85 EPS. O'Reilly Automotive's revenue was up 8.8% on a year-over-year basis. As a group, research analysts anticipate that O'Reilly Automotive will post 3.28 EPS for the current year.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, Director Thomas Hendrickson sold 1,000 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $87.83, for a total transaction of $87,830.00. Following the completion of the transaction, the director owned 18,675 shares of the company's stock, valued at $1,640,225.25. This represents a 5.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Christopher Mancini sold 3,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares in the company, valued at $17,577. This trade represents a 94.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock valued at $550,530 in the last 90 days. Insiders own 0.77% of the company's stock.

Institutional Trading of O'Reilly Automotive

Several hedge funds have recently modified their holdings of ORLY. First National Bank of Mount Dora Trust Investment Services raised its stake in shares of O'Reilly Automotive by 26.8% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer's stock valued at $5,381,000 after acquiring an additional 12,316 shares in the last quarter. Swiss National Bank boosted its holdings in shares of O'Reilly Automotive by 6.5% in the first quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer's stock valued at $228,670,000 after purchasing an additional 152,100 shares during the period. Corient Private Wealth LP grew its stake in O'Reilly Automotive by 46.0% in the second quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer's stock worth $99,189,000 after purchasing an additional 339,465 shares in the last quarter. Nykredit A S bought a new position in O'Reilly Automotive in the second quarter worth approximately $34,040,000. Finally, National Pension Service increased its holdings in O'Reilly Automotive by 2.0% during the 2nd quarter. National Pension Service now owns 2,279,184 shares of the specialty retailer's stock worth $209,890,000 after purchasing an additional 43,770 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting O'Reilly Automotive

Here are the key news stories impacting O'Reilly Automotive this week:

• Positive Sentiment: Third-quarter adjusted earnings were $0.97 per share, exceeding the $0.93 consensus estimate and rising from $0.85 a year earlier. Revenue increased 8.8% year over year to $5.12 billion, topping expectations of $5.02 billion. O'Reilly Automotive Reports Third-Quarter and Nine-Month Earnings
• Positive Sentiment: Comparable-store sales rose 7.2%, indicating resilient customer demand, while management raised its full-year comparable-store-sales guidance. The combination of above-estimate results and improved guidance is the primary bullish catalyst for ORLY. O'Reilly Automotive Q3 2026: Comps Rise 7.2%, Guidance Raised
• Positive Sentiment: The stock had already attracted buying interest ahead of the results as analysts pointed to durable demand, potential above-industry growth and the possibility of a guidance increase. ORLY also recently moved above its 200-day moving average, supporting a more constructive technical view. O'Reilly Automotive Rallies Ahead of Q3 Results
• Neutral Sentiment: Institutional positioning was mixed in the latest reported quarter, with large investors including Invesco and JPMorgan adding shares while Wellington and FMR reduced holdings. This suggests differing views on valuation and future upside.
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including substantial selling by several executives. While insider sales do not necessarily reflect operating concerns, they could temper enthusiasm around the shares.

About O'Reilly Automotive

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O'Reilly family, the company began as a single store in Springfield, Missouri.

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