7,937 Shares in Ollie’s Bargain Outlet Holdings, Inc. $OLLI Purchased by Callan Family Office LLC

Callan Family Office LLC acquired a new position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 7,937 shares of the company’s stock, valued at approximately $610,000.

Other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its holdings in shares of Ollie’s Bargain Outlet by 28.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock worth $328,000 after purchasing an additional 615 shares during the period. Jones Financial Companies Lllp raised its position in shares of Ollie’s Bargain Outlet by 993.4% in the first quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock valued at $251,000 after buying an additional 1,957 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Ollie’s Bargain Outlet by 42.7% in the first quarter. Goldman Sachs Group Inc. now owns 446,277 shares of the company’s stock valued at $51,929,000 after buying an additional 133,537 shares during the period. Empowered Funds LLC bought a new stake in shares of Ollie’s Bargain Outlet in the first quarter valued at approximately $359,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Ollie’s Bargain Outlet by 12.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock worth $21,342,000 after buying an additional 19,837 shares in the last quarter.

Ollie’s Bargain Outlet Price Performance

NASDAQ OLLI opened at $74.61 on Wednesday. The business has a fifty day moving average price of $72.47 and a two-hundred day moving average price of $86.11. The stock has a market capitalization of $4.51 billion, a PE ratio of 18.42, a PEG ratio of 1.35 and a beta of 0.46. Ollie’s Bargain Outlet Holdings, Inc. has a fifty-two week low of $60.29 and a fifty-two week high of $140.17.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The company had revenue of $658.93 million for the quarter, compared to analyst estimates of $661.65 million. During the same quarter last year, the company posted $0.75 EPS. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. As a group, sell-side analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on OLLI. Piper Sandler dropped their price objective on Ollie’s Bargain Outlet from $114.00 to $113.00 and set an “overweight” rating for the company in a report on Tuesday, August 18th. Loop Capital restated a “buy” rating and issued a $135.00 price target on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. KeyCorp dropped their price target on Ollie’s Bargain Outlet from $140.00 to $98.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Morgan Stanley cut their price objective 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 report on Thursday, June 4th. Finally, Weiss Ratings downgraded shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and a consensus price target of $110.20.

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.