O'Reilly Automotive's (ORLY) Buy Rating Reiterated at DA Davidson

Key Points

• DA Davidson reiterated its “Buy” rating on O’Reilly Automotive and set a $106 price target, implying 24.47% upside from the stock’s $85.16 opening price.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $107.24 from 18 analysts.
• O’Reilly’s latest quarterly results met EPS expectations at $0.86 and exceeded revenue estimates with $4.89 billion, up 8.1% year over year; however, insiders sold 6,000 shares worth about $550,530 over the past 90 days.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report)'s stock had its "buy" rating restated by research analysts at DA Davidson in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $106.00 target price on the specialty retailer's stock. DA Davidson's price objective would suggest a potential upside of 24.47% from the company's current price.

Several other equities analysts have also recently weighed in on the company. Wolfe Research set a $98.00 price objective on O'Reilly Automotive in a report on Wednesday, July 15th. TD Cowen dropped their target price on O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, July 31st. UBS Group reissued a "buy" rating on shares of O'Reilly Automotive in a research report on Friday, July 31st. Robert W. Baird set a $100.00 price target on O'Reilly Automotive in a research note on Friday, July 31st. Finally, Morgan Stanley lowered their price target on O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating on the stock in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $107.24.

O'Reilly Automotive Stock Down 2.4%

Shares of ORLY stock opened at $85.16 on Wednesday. The company's fifty day simple moving average is $88.57 and its 200-day simple moving average is $90.21. The firm has a market cap of $68.89 billion, a PE ratio of 27.12, a P/E/G ratio of 2.16 and a beta of 0.52. O'Reilly Automotive has a 12 month low of $82.59 and a 12 month high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts' consensus estimates of $0.86. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts predict that O'Reilly Automotive will post 3.27 earnings per share for the current fiscal year.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the sale, the director owned 14,970 shares in the company, valued at $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas Hendrickson sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $87.83, for a total value of $87,830.00. Following the completion of the sale, the director directly owned 18,675 shares of the company's stock, valued at approximately $1,640,225.25. The trade was a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 6,000 shares of company stock worth $550,530. Insiders own 0.77% of the company's stock.

Institutional Investors Weigh In On O'Reilly Automotive

A number of large investors have recently added to or reduced their stakes in the business. SkyView Investment Advisors LLC purchased a new position in O'Reilly Automotive in the second quarter valued at approximately $166,000. Junto Capital Management LP bought a new stake in shares of O'Reilly Automotive in the second quarter valued at $182,566,000. Tidal Investments LLC lifted its position in shares of O'Reilly Automotive by 23.6% during the 2nd quarter. Tidal Investments LLC now owns 186,919 shares of the specialty retailer's stock valued at $17,213,000 after buying an additional 35,716 shares during the last quarter. Van Hulzen Asset Management LLC purchased a new stake in O'Reilly Automotive in the 2nd quarter worth about $1,558,000. Finally, MCF Advisors LLC raised its stake in O'Reilly Automotive by 14.3% in the 2nd quarter. MCF Advisors LLC now owns 21,879 shares of the specialty retailer's stock valued at $2,015,000 after acquiring an additional 2,743 shares during the period. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Company Profile

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O'Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.

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