Natixis Advisors LLC trimmed its position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 10.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 68,758 shares of the company’s stock after selling 8,292 shares during the quarter. Natixis Advisors LLC’s holdings in Ollie’s Bargain Outlet were worth $7,537,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC raised its stake in shares of Ollie’s Bargain Outlet by 218.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock valued at $27,000 after acquiring an additional 175 shares during the last quarter. Allworth Financial LP raised its stake in shares of Ollie’s Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares during the last quarter. Maseco LLP bought a new position in shares of Ollie’s Bargain Outlet during the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Ollie’s Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after acquiring an additional 92 shares during the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Ollie’s Bargain Outlet during the third quarter valued at about $37,000.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. The Goldman Sachs Group lowered their price objective on shares of Ollie’s Bargain Outlet from $151.00 to $129.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank Of Canada decreased their price target on shares of Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Wells Fargo & Company decreased their price target on shares of Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Morgan Stanley decreased their price target on shares of Ollie’s Bargain Outlet from $120.00 to $108.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Loop Capital reissued a “buy” rating and issued a $135.00 price target on shares of Ollie’s Bargain Outlet in a research note on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Ollie’s Bargain Outlet presently has an average rating of “Moderate Buy” and an average target price of $125.13.
Ollie’s Bargain Outlet Price Performance
OLLI stock opened at $76.70 on Monday. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $73.32 and a 1 year high of $141.74. The company has a market cap of $4.64 billion, a P/E ratio of 18.94, a PEG ratio of 1.34 and a beta of 0.46. The firm has a 50-day moving average of $86.10 and a 200 day moving average of $102.68.
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The company had revenue of $658.93 million during the quarter, compared to the consensus estimate of $661.65 million. During the same period in the prior year, the firm earned $0.75 earnings per share. Ollie’s Bargain Outlet’s revenue was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.
Insider Transactions at Ollie’s Bargain Outlet
In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 5,231 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total value of $481,722.79. Following the sale, the chairman owned 48,200 shares in the company, valued at approximately $4,438,738. This represents a 9.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,459 shares of company stock valued at $1,149,218 over the last ninety days. 0.75% of the stock is owned by corporate insiders.
Key Ollie’s Bargain Outlet News
Here are the key news stories impacting Ollie’s Bargain Outlet this week:
- Positive Sentiment: Ollie’s Bargain Outlet reported Q1 EPS of $0.91, topping estimates, while revenue rose 14.2% year over year and comparable sales increased 1.7%, signaling healthy underlying demand. Article Title
- Positive Sentiment: Management raised its fiscal 2026 outlook, which reinforces confidence that the company can sustain growth and margin expansion after the latest quarter. Article Title
- Positive Sentiment: Loop Capital reaffirmed its buy rating on OLLI and set a $135 price target, suggesting meaningful upside from current levels. Article Title
- Positive Sentiment: Gordon Haskett reaffirmed an accumulate rating and still sees upside, though it trimmed its target to $90 from $100. Article Title
- Neutral Sentiment: UBS lowered its price target on OLLI to $87 from $125 and kept a neutral rating, highlighting some lingering macro caution despite the earnings beat. Article Title
- Neutral Sentiment: Recent commentary is mixed, with some articles arguing the market may be underestimating Ollie’s execution, while others compare its post-earnings reaction to peers like Five Below. Article Title
Ollie’s Bargain Outlet Profile
Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.
Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.
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