Stephens Investment Management Group LLC Purchases 170,900 Shares of Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Stephens Investment Management Group LLC boosted its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLIFree Report) by 25.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 848,385 shares of the company’s stock after purchasing an additional 170,900 shares during the period. Ollie’s Bargain Outlet makes up approximately 1.2% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 18th biggest holding. Stephens Investment Management Group LLC’s holdings in Ollie’s Bargain Outlet were worth $92,991,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 3,330 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $95.80, for a total value of $319,014.00. Following the completion of the sale, the chairman owned 48,200 shares of the company’s stock, valued at $4,617,560. This represents a 6.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 12,459 shares of company stock valued at $1,149,218. Corporate insiders own 0.75% of the company’s stock.

Ollie’s Bargain Outlet Trading Down 0.3%

Shares of NASDAQ OLLI opened at $78.49 on Friday. Ollie’s Bargain Outlet Holdings, Inc. has a 12-month low of $73.32 and a 12-month high of $141.74. The stock has a market cap of $4.76 billion, a PE ratio of 20.13, a P/E/G ratio of 1.38 and a beta of 0.48. The company has a 50-day moving average of $92.80 and a 200 day moving average of $107.44.

Ollie’s Bargain Outlet (NASDAQ:OLLIGet Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The company had revenue of $779.26 million during the quarter, compared to analysts’ expectations of $783.72 million. During the same quarter in the prior year, the company earned $1.19 EPS. Ollie’s Bargain Outlet’s revenue was up 16.8% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, sell-side analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on OLLI. Wells Fargo & Company decreased their price objective on shares of Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating for the company in a research report on Wednesday. Royal Bank Of Canada decreased their price objective on shares of Ollie’s Bargain Outlet from $155.00 to $153.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Bank of America reiterated a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Morgan Stanley decreased their price objective on shares of Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Finally, Jefferies Financial Group upgraded shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and upped their price objective for the stock from $120.00 to $130.00 in a research report on Thursday, April 2nd. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $137.29.

Read Our Latest Analysis on Ollie’s Bargain Outlet

Ollie’s Bargain Outlet Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Ollie's Bargain Outlet (NASDAQ:OLLI)

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