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Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Rating) reached a new 52-week high during trading on Tuesday after Guggenheim raised their price target on the stock to $823.00. The company traded as high as $748.86 and last traded at $748.75, with a volume of 7409 shares trading hands. The stock had previously closed at $737.96.

A number of other research firms have also recently issued reports on ORLY. Morgan Stanley lowered their price objective on shares of O'Reilly Automotive from $650.00 to $635.00 and set an "equal weight" rating for the company in a research report on Thursday, July 28th. The Goldman Sachs Group raised their price objective on O'Reilly Automotive from $667.00 to $745.00 and gave the company a "buy" rating in a report on Tuesday, August 2nd. Royal Bank of Canada lowered their target price on O'Reilly Automotive from $806.00 to $795.00 in a report on Friday, July 29th. Bank of America raised O'Reilly Automotive from a "neutral" rating to a "buy" rating and set a $730.00 price target on the stock in a research note on Tuesday, May 10th. Finally, Wells Fargo & Company dropped their price objective on shares of O'Reilly Automotive from $800.00 to $750.00 and set an "overweight" rating for the company in a report on Wednesday, June 8th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $754.50.Insider Transactions at O'Reilly Automotive

In related news, SVP Jeffrey Lynn Groves acquired 175 shares of the business's stock in a transaction dated Monday, May 23rd. The shares were bought at an average price of $572.77 per share, with a total value of $100,234.75. Following the transaction, the senior vice president now directly owns 721 shares of the company's stock, valued at $412,967.17. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Jeremy Adam Fletcher bought 835 shares of the company's stock in a transaction on Friday, May 20th. The shares were purchased at an average price of $600.00 per share, with a total value of $501,000.00. Following the transaction, the chief financial officer now directly owns 1,897 shares in the company, valued at $1,138,200. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffrey Lynn Groves bought 175 shares of O'Reilly Automotive stock in a transaction dated Monday, May 23rd. The stock was acquired at an average cost of $572.77 per share, with a total value of $100,234.75. Following the completion of the acquisition, the senior vice president now owns 721 shares of the company's stock, valued at $412,967.17. The disclosure for this purchase can be found here. Insiders sold a total of 29,444 shares of company stock valued at $21,035,288 in the last quarter. 1.73% of the stock is currently owned by company insiders. Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 5,356,012 shares of the specialty retailer's stock valued at $3,668,654,000 after acquiring an additional 136,848 shares during the period. State Street Corp grew its holdings in O'Reilly Automotive by 1.9% during the fourth quarter. State Street Corp now owns 2,850,959 shares of the specialty retailer's stock valued at $2,013,433,000 after purchasing an additional 53,727 shares during the period. Principal Financial Group Inc. grew its holdings in O'Reilly Automotive by 10.8% during the second quarter. Principal Financial Group Inc. now owns 1,829,485 shares of the specialty retailer's stock valued at $1,155,795,000 after purchasing an additional 178,046 shares during the period. FMR LLC increased its position in O'Reilly Automotive by 4.2% in the second quarter. FMR LLC now owns 1,315,334 shares of the specialty retailer's stock worth $830,976,000 after buying an additional 52,634 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of O'Reilly Automotive by 29.8% in the first quarter. Invesco Ltd. now owns 1,109,137 shares of the specialty retailer's stock valued at $759,715,000 after buying an additional 254,823 shares during the period. Hedge funds and other institutional investors own 82.76% of the company's stock. O'Reilly Automotive Trading Up 1.4 %

The stock has a market cap of $47.39 billion, a PE ratio of 23.31, a PEG ratio of 1.86 and a beta of 1.00. The business has a 50-day moving average price of $660.84 and a 200 day moving average price of $663.14.

O'Reilly Automotive (NASDAQ:ORLY - Get Rating) last released its quarterly earnings data on Wednesday, July 27th. The specialty retailer reported $8.78 EPS for the quarter, missing the consensus estimate of $8.98 by ($0.20). The business had revenue of $3.67 billion for the quarter, compared to analysts' expectations of $3.71 billion. O'Reilly Automotive had a net margin of 15.55% and a negative return on equity of 520.10%. O'Reilly Automotive's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the company earned $8.33 earnings per share. On average, equities analysts predict that O'Reilly Automotive, Inc. will post 31.56 earnings per share for the current year. O'Reilly Automotive Company Profile (Get Rating)

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. 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.See AlsoGet a free copy of the StockNews.com research report on O'Reilly Automotive (ORLY)Home Depot Results Point To Sluggish 2nd HalfWalmart Leads Retail Higher But Will The Group Follow? 3 Blowout Earnings Reports That Could Mark Turning PointsWill CrowdStrike Extend Its Streak Of Topping Earnings Views? 3 Stocks Set to Lead the Nasdaq Bull Market

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