Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd boosted its position in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 46.5% in the second quarter, HoldingsChannel.com reports. The fund owned 67,584 shares of the company’s stock after purchasing an additional 21,437 shares during the period. WINTON GROUP Ltd’s holdings in Ollie’s Bargain Outlet were worth $5,196,000 at the end of the most recent quarter.

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

Ollie’s Bargain Outlet Stock Down 0.6%

NASDAQ OLLI opened at $71.92 on Friday. Ollie’s Bargain Outlet Holdings, Inc. has a 52 week low of $60.29 and a 52 week high of $139.21. The firm has a 50 day moving average of $72.35 and a two-hundred day moving average of $82.92. The stock has a market capitalization of $4.27 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data 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. The business had revenue of $741.31 million for the quarter, compared to analyst estimates of $747.71 million. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the business earned $0.99 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, equities research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Gordon Haskett reaffirmed an “accumulate” rating and set a $90.00 target price (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Truist Financial boosted their price target on shares of Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Royal Bank Of Canada upped their price objective on Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. JPMorgan Chase & Co. upped their price objective on Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Finally, Craig Hallum reiterated a “buy” rating and issued a $120.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Thursday, September 3rd. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $102.43.

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.