17,654 Shares in Ollie’s Bargain Outlet Holdings, Inc. $OLLI Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLIFree Report) during the second quarter, Holdings Channel reports. The institutional investor bought 17,654 shares of the company’s stock, valued at approximately $1,357,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Ollie’s Bargain Outlet during the second quarter valued at approximately $430,204,000. Wasatch Advisors LP lifted its holdings in shares of Ollie’s Bargain Outlet by 45.9% in the 2nd quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company’s stock worth $335,356,000 after purchasing an additional 1,371,744 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Ollie’s Bargain Outlet by 17.2% in the 3rd quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock worth $384,282,000 after purchasing an additional 440,243 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Ollie’s Bargain Outlet by 315.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after purchasing an additional 1,296,672 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Ollie’s Bargain Outlet by 6.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,272,306 shares of the company’s stock valued at $117,098,000 after purchasing an additional 72,781 shares during the period.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ OLLI opened at $76.07 on Friday. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $60.29 and a 1 year high of $140.17. The firm has a market cap of $4.60 billion, a P/E ratio of 18.78, a PEG ratio of 1.34 and a beta of 0.46. The stock has a fifty day moving average price of $72.79 and a two-hundred day moving average price of $86.74.

Ollie’s Bargain Outlet (NASDAQ:OLLIGet Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $658.93 million for the quarter, compared to the consensus estimate of $661.65 million. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on OLLI. Citigroup lowered their price objective on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Loop Capital reiterated a “buy” rating and issued a $135.00 target price on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. The Goldman Sachs Group reduced their price target on shares of Ollie’s Bargain Outlet from $129.00 to $112.00 and set a “buy” rating for the company in a report on Monday, June 29th. Gordon Haskett restated an “accumulate” rating and set a $90.00 price target (down from $100.00) on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. Finally, Truist Financial dropped their price objective on shares of Ollie’s Bargain Outlet from $112.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Ollie’s Bargain Outlet presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.20.

Check Out Our Latest Report on Ollie’s Bargain Outlet

About Ollie’s Bargain Outlet

(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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