Robeco Institutional Asset Management B.V. has decreased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY) while Pacer Advisors Inc and Foster Victor Wealth Advisors LLC boosted their stakes. Experts expect growth in the company's earnings ahead of next week's release. The company's stock hit all-time highs ahead of the financial report. However, when compared to competitors, it underperformed. Major investment advisories including Cornerstone Wealth Group LLC, Empirical Financial Services LLC and more have been increasing their investments. However, caution may be signalled as insiders sold US$94m of O'Reilly stock. Wells Fargo increased the company's price target to $1,425.00. Critiques are made on the company's full year outlook due to a softer demand for some automotive parts, a bullish sign. RBC Capital revises O'Reilly stock target to $1,416 citing a positive bias. Despite a recent dip, the stock is outperforming Dow Jones Industrial Average and has been upgraded to buy by StockNews.com. The company's Q3 2024 Earnings Call highlighted a robust store expansion plan across North America.
O'reilly Automotive ORLY News Analytics from Fri, 05 Jul 2024 07:00:00 GMT to Sat, 01 Feb 2025 21:41:54 GMT - Rating 8 - Innovation 3 - Information 7 - Rumor 4
