O'Reilly Automotive (NASDAQ:ORLY) Given New $125.00 Price Target at TD Cowen

Key Points

• TD Cowen has **increased its price target** for O'Reilly Automotive from **$112.00 to $125.00**, suggesting a potential upside of **16.86%** from its previous close.
• The consensus rating for O'Reilly Automotive is a **"Buy"** with an average target price of **$106.36**, supported by a majority of analysts providing positive ratings.
• Shares of O'Reilly Automotive recently traded down **0.5%**, with a current share price of **$106.97**, amidst various institutional investment activities around the stock.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) had its target price upped by investment analysts at TD Cowen from $112.00 to $125.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the specialty retailer's stock. TD Cowen's price target suggests a potential upside of 16.86% from the stock's previous close.

ORLY has been the subject of several other research reports. DA Davidson lifted their price objective on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Guggenheim boosted their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Barclays restated an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. Wells Fargo & Company boosted their target price on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Finally, Truist Financial boosted their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, O'Reilly Automotive presently has a consensus rating of "Buy" and an average target price of $106.36.

O'Reilly Automotive Stock Down 0.5%

Shares of ORLY traded down $0.53 during midday trading on Monday, reaching $106.97. 650,964 shares of the stock were exchanged, compared to its average volume of 5,445,496. O'Reilly Automotive has a 12-month low of $73.33 and a 12-month high of $108.42. The firm has a 50 day simple moving average of $100.11 and a 200-day simple moving average of $94.10. The company has a market cap of $90.76 billion, a price-to-earnings ratio of 38.31, a P/E/G ratio of 2.84 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company's revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts expect that O'Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares of the company's stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at $415,990.50. This trade represents a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 over the last three months. 1.01% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On O'Reilly Automotive

Institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of O'Reilly Automotive by 16.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock valued at $33,227,000 after acquiring an additional 3,272 shares during the last quarter. Vanguard Group Inc. increased its position in shares of O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after acquiring an additional 75,125 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of O'Reilly Automotive by 33.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after acquiring an additional 147,904 shares during the last quarter. CCM Investment Group LLC acquired a new stake in shares of O'Reilly Automotive during the first quarter valued at about $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of O'Reilly Automotive by 52.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer's stock valued at $16,105,000 after purchasing an additional 3,866 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

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.

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