Stephens Investment Management Group LLC Has $103.66 Million Stake in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Stephens Investment Management Group LLC lifted its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 32.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,126,255 shares of the company’s stock after purchasing an additional 277,870 shares during the period. Ollie’s Bargain Outlet accounts for about 1.4% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 9th biggest position. Stephens Investment Management Group LLC’s holdings in Ollie’s Bargain Outlet were worth $103,661,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its holdings in Ollie’s Bargain Outlet by 0.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company’s stock worth $1,905,000 after purchasing an additional 91 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after buying an additional 92 shares during the period. Dana Investment Advisors Inc. grew its position in shares of Ollie’s Bargain Outlet by 2.5% during the 4th quarter. Dana Investment Advisors Inc. now owns 5,649 shares of the company’s stock worth $619,000 after buying an additional 137 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of Ollie’s Bargain Outlet by 5.8% during the 2nd quarter. Lazard Asset Management LLC now owns 2,508 shares of the company’s stock worth $330,000 after buying an additional 138 shares in the last quarter. Finally, Madison Asset Management LLC increased its stake in shares of Ollie’s Bargain Outlet by 0.6% during the fourth quarter. Madison Asset Management LLC now owns 23,222 shares of the company’s stock valued at $2,545,000 after buying an additional 149 shares during the period.

Analyst Ratings Changes

Several research firms recently weighed in on OLLI. KeyCorp restated an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Monday, June 15th. JPMorgan Chase & Co. dropped their target price on shares of Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Jefferies Financial Group raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and raised their target price for the company from $120.00 to $130.00 in a research report on Thursday, April 2nd. Morgan Stanley reduced their price target on shares of Ollie’s Bargain Outlet from $120.00 to $108.00 and set an “equal weight” rating for the company in a report on Thursday, June 4th. Finally, Loop Capital reaffirmed 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. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $124.00.

Insider Activity at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 3,330 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $95.80, for a total value of $319,014.00. Following the sale, the chairman directly owned 48,200 shares in the company, valued at approximately $4,617,560. This trade represents a 6.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.75% of the company’s stock.

Ollie’s Bargain Outlet Stock Performance

OLLI opened at $74.21 on Friday. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 1.29 and a beta of 0.47. Ollie’s Bargain Outlet Holdings, Inc. has a 12 month low of $70.85 and a 12 month high of $141.74. The stock has a fifty day moving average price of $79.68 and a 200-day moving average price of $96.77.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $661.65 million. During the same quarter last year, the company earned $0.75 earnings per share. The firm’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. On average, equities research analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 4.52 EPS for the current year.

About Ollie’s Bargain Outlet

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.