Ollie’s Bargain Outlet Holdings, Inc. $OLLI is Dynamic Technology Lab Private Ltd’s 4th Largest Position

Dynamic Technology Lab Private Ltd boosted its holdings in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 168.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,133 shares of the company’s stock after acquiring an additional 17,653 shares during the period. Ollie’s Bargain Outlet accounts for approximately 0.7% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 4th biggest position. Dynamic Technology Lab Private Ltd’s holdings in Ollie’s Bargain Outlet were worth $3,084,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Allworth Financial LP grew its stake in Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in Ollie’s Bargain Outlet by 218.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock valued at $27,000 after acquiring an additional 175 shares in the last quarter. Maseco LLP purchased a new stake in Ollie’s Bargain Outlet during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. grew its stake in Ollie’s Bargain Outlet by 49.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after acquiring an additional 92 shares in the last quarter. Finally, Shell Asset Management Co. purchased a new stake in Ollie’s Bargain Outlet during the 3rd quarter valued at about $37,000.

Insider Buying and Selling at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 3,330 shares of the firm’s stock in a transaction on 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 12,459 shares of company stock valued at $1,149,218. 0.75% of the stock is currently owned by company insiders.

Ollie’s Bargain Outlet Stock Down 0.5%

Ollie’s Bargain Outlet stock opened at $83.25 on Friday. The firm has a market cap of $5.03 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.46 and a beta of 0.46. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $73.32 and a 52-week high of $141.74. The company’s 50 day moving average is $85.06 and its two-hundred day moving average is $101.37.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The company had revenue of $658.93 million for the quarter, compared to analyst estimates of $661.65 million. During the same period in the prior year, the business earned $0.75 EPS. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on OLLI shares. Wells Fargo & Company dropped their price objective on shares of Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Bank of America reaffirmed a “buy” rating on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Truist Financial set a $112.00 price target on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Weiss Ratings cut shares of Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. Finally, Citigroup dropped their price target on shares of 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. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.13.

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.