Pullen Investment Management LLC Increases Holdings in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Pullen Investment Management LLC boosted its stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 69.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,183 shares of the company’s stock after buying an additional 5,792 shares during the period. Pullen Investment Management LLC’s holdings in Ollie’s Bargain Outlet were worth $1,555,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Wasatch Advisors LP boosted its position in shares of Ollie’s Bargain Outlet by 1.2% during the 2nd 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 last quarter. Invesco Ltd. increased its position in Ollie’s Bargain Outlet by 17.2% during the third 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. Hood River Capital Management LLC increased its position in Ollie’s Bargain Outlet by 165.4% during the second quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company’s stock worth $163,452,000 after purchasing an additional 773,013 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Ollie’s Bargain Outlet by 15.2% during the third quarter. Ameriprise Financial Inc. now owns 1,095,419 shares of the company’s stock worth $140,654,000 after purchasing an additional 144,649 shares during the period. Finally, Balyasny Asset Management L.P. purchased a new position in Ollie’s Bargain Outlet during the third quarter worth about $136,152,000.

Key Headlines Impacting Ollie’s Bargain Outlet

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

• Positive Sentiment: Jefferies upgraded OLLI from Hold to Buy and raised its target to $130, highlighting long‑term unit growth, strong market position and stable margins — a direct catalyst that has drawn buyer interest. Read More.
• Positive Sentiment: Wells Fargo added Ollie’s to a tactical list with a $130 target, framing recent weakness as an entry opportunity — another institutional endorsement that supports the rally. Read More.
• Positive Sentiment: Multiple outlets (Zacks, Yahoo/UK, MSN, Seeking Alpha) ran bullish takes emphasizing OLLI’s membership/traffic momentum, margin stability and relative valuation versus peers — reinforcing the narrative that shares are undervalued. Read More.
• Neutral Sentiment: Local expansion news: a new Ollie’s store opened in Derby (connects to unit-growth story). Helpful for long‑run sales and footprint but not an immediate market mover by itself. Read More.
• Negative Sentiment: Chairman John W. Swygert sold 5,231 shares (≈$482K) under a Rule 10b5‑1 plan; while pre‑planned, the disclosed reduction (~9.8% of his holding) can create short‑term caution among some investors. SEC filing and coverage are public. Read More.

Insider Buying and Selling

In other news, Chairman John W. Swygert sold 5,231 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $92.09, for a total transaction of $481,722.79. Following the completion of the transaction, the chairman directly owned 48,200 shares in the company, valued at $4,438,738. This trade represents a 9.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,255 shares of company stock worth $956,384 in the last 90 days. 0.75% of the stock is owned by corporate insiders.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI opened at $95.22 on Friday. The firm has a 50-day simple moving average of $105.03 and a two-hundred day simple moving average of $115.38. The stock has a market cap of $5.80 billion, a PE ratio of 24.42, a P/E/G ratio of 1.67 and a beta of 0.59. Ollie’s Bargain Outlet Holdings, Inc. has a 1-year low of $88.44 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 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The firm had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. During the same period in the prior year, the business posted $1.19 EPS. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. 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 Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on OLLI shares. Royal Bank Of Canada increased their price target on shares of Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Jefferies Financial Group raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and lifted their price target for the company from $120.00 to $130.00 in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $162.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Craig Hallum reissued a “buy” rating and set a $157.00 target price on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Finally, Wells Fargo & Company upgraded Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $120.00 to $130.00 in a research report on Friday, March 13th. Fourteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ollie’s Bargain Outlet presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.14.

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.