Fintel reports that on January 21, 2025, Morgan Stanley upgraded their outlook for O'Reilly Automotive (NasdaqGS:ORLY) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 9.15% Upside
As of December 23, 2024, the average one-year price target for O'Reilly Automotive is $1,328.18/share. The forecasts range from a low of $1,090.91 to a high of $1,470.00. The average price target represents an increase of 9.15% from its latest reported closing price of $1,216.79 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for O'Reilly Automotive is 16,369MM, a decrease of 0.46%. The projected annual non-GAAP EPS is 46.10.
What is the Fund Sentiment?
There are 2,355 funds or institutions reporting positions in O'Reilly Automotive. This is an decrease of 10 owner(s) or 0.42% in the last quarter. Average portfolio weight of all funds dedicated to ORLY is 0.43%, an increase of 1.35%. Total shares owned by institutions decreased in the last three months by 0.99% to 58,085K shares. 
The put/call ratio of ORLY is 0.76, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,839K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 1,860K shares , representing a decrease of 1.14%. The firm increased its portfolio allocation in ORLY by 1.27% over the last quarter.
Principal Financial Group holds 1,825K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 1,851K shares , representing a decrease of 1.41%. The firm decreased its portfolio allocation in ORLY by 53.92% over the last quarter.
Wellington Management Group Llp holds 1,725K shares representing 2.99% ownership of the company. In its prior filing, the firm reported owning 997K shares , representing an increase of 42.20%. The firm decreased its portfolio allocation in ORLY by 74.05% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 1,519K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 1,512K shares , representing an increase of 0.50%. The firm increased its portfolio allocation in ORLY by 0.85% over the last quarter.
Geode Capital Management holds 1,479K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 1,455K shares , representing an increase of 1.63%. The firm decreased its portfolio allocation in ORLY by 46.45% over the last quarter.
O`Reilly Automotive Background Information
(This description is provided by the company.)
O'Reilly Automotive, Inc. was founded in 1957 by the O'Reilly family and is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, serving both the do-it-yourself and professional service provider markets. As of December 31, 2020, the Company operated 5,594 stores in 47 U.S. states and 22 stores in Mexico.
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This story originally appeared on Fintel.
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