Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 19.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,028 shares of the company’s stock after buying an additional 11,480 shares during the period. Quantinno Capital Management LP owned approximately 0.12% of Ollie’s Bargain Outlet worth $6,538,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cornerstone Planning Group LLC raised its position 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 worth $27,000 after buying an additional 175 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Ollie’s Bargain Outlet by 301.8% in 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 during the last quarter. Maseco LLP purchased a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. increased 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. Finally, CENTRAL TRUST Co raised its holdings in shares of Ollie’s Bargain Outlet by 131.6% during the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after purchasing an additional 271 shares during the last quarter.

Analysts Set New Price Targets

OLLI has been the subject of a number of research reports. KeyCorp decreased their target price on shares of Ollie’s Bargain Outlet from $140.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Weiss Ratings downgraded Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Gordon Haskett reiterated an “accumulate” rating and set a $90.00 price objective (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Royal Bank Of Canada decreased their price objective on Ollie’s Bargain Outlet from $152.00 to $121.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Finally, Citigroup lowered their target price on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $111.07.

Ollie’s Bargain Outlet Stock Up 1.7%

Shares of NASDAQ OLLI opened at $78.40 on Thursday. The company’s 50-day simple moving average is $73.30 and its 200-day simple moving average is $89.51. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $141.74. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 19.36, a price-to-earnings-growth ratio of 1.36 and a beta of 0.46.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $658.93 million during the quarter, compared to analysts’ expectations of $661.65 million. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The company’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Equities research analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 4.45 EPS for the current fiscal year.

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.