Life Cycle Investment Partners Ltd bought a new stake in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 159,265 shares of the company’s stock, valued at approximately $17,457,000. Life Cycle Investment Partners Ltd owned 0.26% of Ollie’s Bargain Outlet as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Wasatch Advisors LP lifted its holdings in Ollie’s Bargain Outlet by 1.2% in the second quarter. Wasatch Advisors LP now owns 4,062,147 shares of the company’s stock valued at $535,310,000 after acquiring an additional 49,603 shares during the period. Invesco Ltd. lifted its holdings in Ollie’s Bargain Outlet by 17.2% in the third quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock valued at $384,282,000 after acquiring an additional 440,243 shares during the period. Ameriprise Financial Inc. lifted its holdings in Ollie’s Bargain Outlet by 15.2% in the third quarter. Ameriprise Financial Inc. now owns 1,095,419 shares of the company’s stock valued at $140,654,000 after acquiring an additional 144,649 shares during the period. Balyasny Asset Management L.P. acquired a new stake in Ollie’s Bargain Outlet in the third quarter valued at $136,152,000. Finally, Stephens Investment Management Group LLC lifted its holdings in Ollie’s Bargain Outlet by 25.2% in the fourth quarter. Stephens Investment Management Group LLC now owns 848,385 shares of the company’s stock valued at $92,991,000 after acquiring an additional 170,900 shares during the period.
Insiders Place Their Bets
In related news, Chairman John W. Swygert sold 5,231 shares of the business’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 completion of the transaction, the chairman owned 48,200 shares of the company’s stock, valued at approximately $4,438,738. The trade was a 9.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through 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. Insiders own 0.75% of the company’s stock.
Wall Street Analyst Weigh In
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Ollie’s Bargain Outlet Stock Down 1.5%
NASDAQ:OLLI opened at $81.84 on Friday. The company has a market capitalization of $4.96 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.44 and a beta of 0.48. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $73.32 and a 52-week high of $141.74. The stock has a fifty day simple moving average of $90.27 and a 200-day simple moving average of $106.00.
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The business had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. During the same quarter in the previous year, the company posted $1.19 EPS. The business’s revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 earnings per share for the current year.
Ollie’s Bargain Outlet Company 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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