DA Davidson Reiterates Buy Rating for O’Reilly Automotive (NASDAQ:ORLY)

O’Reilly Automotive (NASDAQ:ORLY)‘s stock had its “buy” rating restated by investment analysts at DA Davidson in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $114.00 price target on the specialty retailer’s stock. DA Davidson’s price target indicates a potential upside of 32.78% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Mizuho increased their target price on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. TD Cowen reiterated a “buy” rating and issued a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. UBS Group increased their price objective on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Robert W. Baird set a $110.00 price objective on shares of O’Reilly Automotive in a research report on Friday, May 1st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $112.25.

O’Reilly Automotive Trading Up 1.9%

ORLY stock traded up $1.62 during trading on Tuesday, reaching $85.86. The stock had a trading volume of 1,756,253 shares, compared to its average volume of 6,521,521. The firm has a market cap of $71.15 billion, a PE ratio of 28.12, a PEG ratio of 1.99 and a beta of 0.51. The stock’s 50 day moving average is $90.42 and its two-hundred day moving average is $92.36. O’Reilly Automotive has a 52 week low of $82.71 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the company earned $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, research analysts anticipate that O’Reilly Automotive will post 3.24 EPS for the current year.

Insiders Place Their Bets

In related news, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the sale, the director owned 19,675 shares in the company, valued at approximately $1,737,696. This represents a 5.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Robert Allen Dumas sold 84,600 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total transaction of $7,833,960.00. Following the completion of the sale, the senior vice president directly owned 1,782 shares in the company, valued at $165,013.20. This trade represents a 97.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 105,730 shares of company stock worth $9,815,388. Insiders own 0.77% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in O’Reilly Automotive by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 79,730,143 shares of the specialty retailer’s stock valued at $7,272,186,000 after buying an additional 458,613 shares in the last quarter. State Street Corp boosted its position in O’Reilly Automotive by 0.4% during the 4th quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer’s stock valued at $3,393,568,000 after acquiring an additional 140,387 shares in the last quarter. Geode Capital Management LLC grew its stake in O’Reilly Automotive by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock valued at $2,201,555,000 after purchasing an additional 372,896 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of O’Reilly Automotive by 25.1% during the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after acquiring an additional 2,964,945 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of O’Reilly Automotive during the 4th quarter valued at $1,134,311,000. 85.00% of the stock is currently owned by institutional investors.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.