O'Reilly Automotive (NASDAQ:ORLY) PT Lowered to $1,200.00 at Evercore ISI

O'Reilly Automotive (NASDAQ:ORLY - Free Report) had its price objective cut by Evercore ISI from $1,220.00 to $1,200.00 in a research note published on Friday, Benzinga reports. They currently have an outperform rating on the specialty retailer's stock.

Other equities research analysts have also recently issued reports about the stock. Mizuho began coverage on shares of O'Reilly Automotive in a report on Tuesday, March 19th. They issued a buy rating and a $1,225.00 target price on the stock. Wells Fargo & Company dropped their target price on shares of O'Reilly Automotive from $1,300.00 to $1,200.00 and set an overweight rating on the stock in a report on Thursday. UBS Group upped their target price on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a buy rating in a report on Wednesday, April 17th. The Goldman Sachs Group upped their price target on shares of O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a buy rating in a research note on Friday, February 9th. Finally, Truist Financial decreased their price target on shares of O'Reilly Automotive from $1,234.00 to $1,212.00 and set a buy rating on the stock in a research note on Friday. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $1,106.31.

O'Reilly Automotive Price Performance

NASDAQ:ORLY traded down $10.20 on Friday, hitting $1,043.93. 335,739 shares of the company's stock were exchanged, compared to its average volume of 372,750. The firm has a 50-day moving average price of $1,097.20 and a 200-day moving average price of $1,015.51. O'Reilly Automotive has a 52 week low of $860.10 and a 52 week high of $1,169.11. The company has a market cap of $61.62 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping the consensus estimate of $9.18 by $0.02. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 139.08%. The firm had revenue of $3.98 billion for the quarter, compared to analysts' expectations of $3.99 billion. During the same period in the previous year, the firm posted $8.28 EPS. The company's revenue for the quarter was up 7.2% on a year-over-year basis. On average, research analysts expect that O'Reilly Automotive will post 42.1 earnings per share for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other news, Chairman David E. Oreilly sold 10,000 shares of the company's stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the sale, the chairman now owns 216,539 shares of the company's stock, valued at approximately $228,141,159.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Chairman David E. Oreilly sold 10,000 shares of the company's stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the sale, the chairman now owns 216,539 shares of the company's stock, valued at approximately $228,141,159.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares of the company's stock, valued at approximately $217,933,947. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,968 shares of company stock valued at $27,269,333. Company insiders own 1.55% of the company's stock.

Hedge Funds Weigh In On O'Reilly Automotive

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. YHB Investment Advisors Inc. bought a new position in O'Reilly Automotive in the 1st quarter valued at approximately $277,000. McKinley Carter Wealth Services Inc. raised its stake in shares of O'Reilly Automotive by 2.3% during the first quarter. McKinley Carter Wealth Services Inc. now owns 8,798 shares of the specialty retailer's stock valued at $9,932,000 after acquiring an additional 198 shares during the last quarter. SYSTM Wealth Solutions LLC raised its stake in shares of O'Reilly Automotive by 10.5% during the first quarter. SYSTM Wealth Solutions LLC now owns 725 shares of the specialty retailer's stock valued at $818,000 after acquiring an additional 69 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new position in shares of O'Reilly Automotive during the first quarter valued at $354,000. Finally, KG&L Capital Management LLC raised its stake in shares of O'Reilly Automotive by 42.0% during the first quarter. KG&L Capital Management LLC now owns 551 shares of the specialty retailer's stock valued at $622,000 after acquiring an additional 163 shares during the last quarter. 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.