Evercore ISI has raised its target price for O'Reilly Automotive's stock from $108.00 to $110.00, indicating a potential upside of 6.18% from the previous close. Other analysts have also increased their price targets, with DA Davidson setting it at $115.00 and Citigroup at $114.00, reflecting a strong overall confidence in the stock. O'Reilly Automotive reported a net margin of 14.15% and quarterly revenue of $4.53 billion, marking a 5.9% increase year-over-year. The company reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the business posted $10.55 EPS. O'Reilly Automotive's quarterly revenue was up 5.9% compared to the same quarter last year. As a group, analysts expect that O'Reilly Automotive will post 43.94 EPS for the current year. In other news, SVP sold 29,505 shares of the stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the sale, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. This represents an 87.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through . Also, SVP sold 285 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The disclosure for this sale can be found . Insiders have sold a total of 69,840 shares of company stock worth $6,629,176 in the last three months. 1.01% of the stock is owned by company insiders. Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB lifted its position in shares of O'Reilly Automotive by 1,409.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 444,982 shares of the specialty retailer's stock worth $40,106,000 after buying an additional 415,496 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of O'Reilly Automotive by 1,234.7% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 654 shares of the specialty retailer's stock worth $59,000 after purchasing an additional 605 shares during the period. Prudential PLC grew its stake in O'Reilly Automotive by 7,937.3% in the 2nd quarter. Prudential PLC now owns 81,579 shares of the specialty retailer's stock valued at $7,353,000 after acquiring an additional 80,564 shares during the last quarter. Cumberland Partners Ltd grew its stake in O'Reilly Automotive by 1,390.0% in the 2nd quarter. Cumberland Partners Ltd now owns 179,961 shares of the specialty retailer's stock valued at $16,220,000 after acquiring an additional 167,883 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co lifted its holdings in O'Reilly Automotive by 1,146.8% in the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 4,127 shares of the specialty retailer's stock valued at $372,000 after purchasing an additional 3,796 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock. 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.

Evercore ISI Issues Positive Forecast for O'Reilly Automotive (NASDAQ:ORLY) Stock Price

Evercore ISI has raised its target price for O'Reilly Automotive's stock from $108.00 to $110.00, reflecting a 6.18% potential upside. Other analysts, including DA Davidson and Citigroup, have also increased their price targets to $115.00 and $114.00, respectively. The company reported a net margin of 14.15%, quarterly revenue of $4.53 billion (up 5.9% year-over-year), and earnings per share of $0.78, meeting consensus estimates. O'Reilly Automotive posted $10.55 EPS in the same quarter last year. Analysts expect the company to report 43.94 EPS for the current year. Insiders, including a senior vice president, have sold a total of 69,840 shares worth $6,629,176 over the past three months, with the SVP's ownership decreasing by 87.45%. Institutional investors such as Handelsbanken Fonder AB, Bank Julius Baer & Co. Ltd Zurich, Prudential PLC, and Cumberland Partners Ltd have significantly increased their stakes in the company during the second quarter.