Jefferies Financial Group Inc. Makes New Investment in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Jefferies Financial Group Inc. bought a new position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 52,697 shares of the company’s stock, valued at approximately $4,513,000.

Other hedge funds also recently modified their holdings of the company. Jupiter Topco LLC acquired a new stake in Ollie’s Bargain Outlet during the second quarter worth about $2,066,000. WINTON GROUP Ltd raised its position in Ollie’s Bargain Outlet by 46.5% in the second quarter. WINTON GROUP Ltd now owns 67,584 shares of the company’s stock worth $5,196,000 after purchasing an additional 21,437 shares in the last quarter. VELA Investment Management LLC acquired a new position in Ollie’s Bargain Outlet in the second quarter worth about $1,856,000. Baird Financial Group Inc. bought a new position in Ollie’s Bargain Outlet during the second quarter worth about $13,344,000. Finally, Public Employees Retirement System of Ohio bought a new position in Ollie’s Bargain Outlet during the second quarter worth about $1,381,000.

Analysts Set New Price Targets

A number of analysts have weighed in on OLLI shares. Raymond James Financial set a $120.00 price target on Ollie’s Bargain Outlet in a research report on Monday. Citigroup decreased their price objective on Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating on the stock in a research report on Friday, September 4th. Piper Sandler reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Monday, October 12th. Wells Fargo & Company set a $98.00 price objective on Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Finally, The Goldman Sachs Group cut their target price on shares of Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ollie’s Bargain Outlet currently has an average rating of “Moderate Buy” and an average price target of $106.13.

Ollie’s Bargain Outlet Stock Performance

Shares of Ollie’s Bargain Outlet stock opened at $94.77 on Friday. The business’s 50 day simple moving average is $85.79 and its 200 day simple moving average is $86.39. The firm has a market cap of $5.63 billion, a PE ratio of 21.15, a P/E/G ratio of 1.58 and a beta of 0.36. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $129.84.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.30. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The business had revenue of $741.31 million during the quarter, compared to the consensus estimate of $747.71 million. During the same quarter last year, the firm earned $0.99 earnings per share. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, equities research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 EPS for the current year.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet Holdings, Inc. operates Ollie’s Bargain Outlet, a U.S. discount retailer that sells brand-name merchandise at value-oriented prices. Its stores offer a changing assortment of products, including housewares, food, books, toys, flooring, seasonal goods, electronics, health and beauty products, and apparel. The company’s closeout-focused buying model allows it to offer merchandise acquired from manufacturers and other suppliers, including excess inventory and discontinued products.