Ollie’s Bargain Outlet (NASDAQ:OLLI) Earns Overweight Rating from Piper Sandler

Ollie’s Bargain Outlet (NASDAQ:OLLI)‘s stock had its “overweight” rating restated by Piper Sandler in a note issued to investors on Friday,Benzinga reports. They currently have a $128.00 target price on the stock, down from their prior target price of $140.00. Piper Sandler’s target price would indicate a potential upside of 16.79% from the company’s current price.

Other equities analysts have also issued research reports about the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $162.00 target price on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Loop Capital upgraded Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and upped their price objective for the company from $130.00 to $135.00 in a report on Monday, December 22nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Truist Financial set a $142.00 price target on shares of Ollie’s Bargain Outlet in a research report on Friday, January 16th. Finally, Wells Fargo & Company upgraded shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $120.00 to $130.00 in a research report on Friday. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $142.36.

Ollie’s Bargain Outlet Trading Up 4.5%

OLLI stock traded up $4.73 during mid-day trading on Friday, hitting $109.60. The stock had a trading volume of 961,587 shares, compared to its average volume of 1,111,945. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 1.58 and a beta of 0.53. The company has a fifty day moving average of $111.10 and a 200 day moving average of $119.30. Ollie’s Bargain Outlet has a 1-year low of $98.19 and a 1-year high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $779.26 million during the quarter, compared to analysts’ expectations of $783.72 million. Ollie’s Bargain Outlet had a net margin of 8.81% and a return on equity of 12.86%. Ollie’s Bargain Outlet’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts expect that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current fiscal year.

Insider Activity

In related news, Chairman John W. Swygert sold 1,126 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $112.06, for a total transaction of $126,179.56. Following the transaction, the chairman directly owned 48,200 shares of the company’s stock, valued at approximately $5,401,292. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.75% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Allworth Financial LP lifted its holdings in Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after buying an additional 166 shares during the period. Private Trust Co. NA raised its position in shares of Ollie’s Bargain Outlet by 71.3% during the third quarter. Private Trust Co. NA now owns 245 shares of the company’s stock worth $31,000 after acquiring an additional 102 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of Ollie’s Bargain Outlet by 218.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares during the last quarter. Maseco LLP acquired a new position in shares of Ollie’s Bargain Outlet in the fourth quarter worth approximately $30,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Ollie’s Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after acquiring an additional 92 shares during the period.

Ollie’s Bargain Outlet News Summary

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Wells Fargo upgraded OLLI from “equal weight” to “overweight” and raised its price target to $130, signaling institutional confidence and adding upside narrative for the stock. Benzinga
• Positive Sentiment: Royal Bank of Canada (RBC) raised its price target to $155 and maintained an “outperform” view, giving a larger upside case (high-single/low-double-digit to ~40%+ from current levels) that likely pulled buying into the name. Benzinga
• Positive Sentiment: Company guidance for FY2026 was raised to $4.40–$4.50 EPS and roughly $3.0B revenue (management midpoint above prior consensus), which supports a re-rating on growth and store-expansion durability. View the press release. Press Release
• Positive Sentiment: MarketBeat and other outlet coverage are framing the quarter and guidance as reinforcement of a durable growth story (store openings, loyalty gains, cash-flow/repurchases), which can attract value-seeking and growth-oriented investors. MarketBeat
• Neutral Sentiment: Q4 results were mixed: EPS of $1.39 roughly met/edged estimates (+$0.01 vs. some consensus) while revenue of $779.3M was slightly below the consensus ~ $783.7M — positive on margin and comps but not a clean beat across the board. Transcript coverage here. Earnings Transcript
• Neutral Sentiment: Analyst write-ups (Seeking Alpha, Zacks) note strong underlying trends — comp sales, store additions and loyalty growth — but highlight the quarter’s slight top-line miss and the need to see execution on margin leverage as new stores ramp. Seeking Alpha
• Negative Sentiment: Some commentary warns valuation remains elevated after prior run-ups (“great business at a lofty price”), and management’s cautious tone on some line items could limit near-term upside until results consistently outpace guidance. Seeking Alpha — valuation note

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.