O’Reilly Automotive (NASDAQ:ORLY) Director Sells $289,375.00 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $97.09 on Friday. The stock has a market cap of $82.38 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 2.48 and a beta of 0.57. The business has a 50 day simple moving average of $101.93 and a 200 day simple moving average of $96.91. O’Reilly Automotive, Inc. has a 52-week low of $78.30 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the previous year, the firm posted $11.41 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Hedge Funds Weigh In On O’Reilly Automotive

Several hedge funds and other institutional investors have recently made changes to their positions in ORLY. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive in the 1st quarter valued at about $25,000. Elequin Capital LP acquired a new stake in O’Reilly Automotive in the 1st quarter valued at about $30,000. Saudi Central Bank bought a new position in O’Reilly Automotive during the first quarter worth about $33,000. Accredited Wealth Management LLC acquired a new position in O’Reilly Automotive during the first quarter worth approximately $42,000. Finally, Vestor Capital LLC bought a new stake in O’Reilly Automotive in the first quarter valued at approximately $43,000. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ORLY. BMO Capital Markets increased their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday, October 27th. UBS Group restated a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Finally, Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a report on Monday, October 20th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

About O’Reilly Automotive

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.