Zacks Research Has Optimistic Outlook of ORLY Q3 Earnings

O’Reilly Automotive, Inc. (NASDAQ:ORLY) – Equities researchers at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for O’Reilly Automotive in a note issued to investors on Wednesday, August 12th. Zacks Research analyst Team now anticipates that the specialty retailer will earn $0.91 per share for the quarter, up from their previous estimate of $0.90. The consensus estimate for O’Reilly Automotive’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for O’Reilly Automotive’s Q4 2026 earnings at $0.77 EPS, FY2026 earnings at $3.27 EPS, Q1 2027 earnings at $0.83 EPS, Q3 2027 earnings at $0.96 EPS, Q4 2027 earnings at $0.88 EPS, FY2027 earnings at $3.56 EPS, Q2 2028 earnings at $1.01 EPS and FY2028 earnings at $3.96 EPS.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS.

Several other research firms also recently weighed in on ORLY. Mizuho upped their price objective 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. Wells Fargo & Company set a $100.00 target price on shares of O’Reilly Automotive in a report on Friday, July 24th. Roth Capital reaffirmed a “buy” rating and issued a $111.00 price target on shares of O’Reilly Automotive in a research report on Friday, July 31st. TD Cowen cut their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Morgan Stanley decreased their price objective on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.24.

O’Reilly Automotive Trading Down 0.6%

NASDAQ ORLY opened at $92.05 on Thursday. The company has a fifty day simple moving average of $88.81 and a 200 day simple moving average of $91.46. O’Reilly Automotive has a 12-month low of $82.59 and a 12-month high of $108.71. The company has a market cap of $74.46 billion, a P/E ratio of 29.32, a PEG ratio of 2.02 and a beta of 0.51.

Institutional Investors Weigh In On O’Reilly Automotive

Several large investors have recently made changes to their positions in ORLY. Barbara Oil Co. bought a new stake in shares of O’Reilly Automotive during the 2nd quarter worth $1,382,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in O’Reilly Automotive during the second quarter valued at about $233,410,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in O’Reilly Automotive during the second quarter worth about $919,000. LM Advisors LLC purchased a new stake in O’Reilly Automotive during the second quarter worth about $270,000. Finally, Haverford Trust Co bought a new stake in O’Reilly Automotive in the second quarter worth about $271,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Robert Allen Dumas sold 84,600 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $92.60, for a total transaction of $7,833,960.00. Following the transaction, the senior vice president owned 1,782 shares of the company’s stock, valued at $165,013.20. This trade represents a 97.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the completion of the transaction, the director owned 19,675 shares in the company, valued at $1,737,696. The trade was a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 88,395 shares of company stock worth $8,170,043. Insiders own 0.77% of the company’s stock.

O’Reilly Automotive Company Profile

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.