52,697 Shares of Ollie’s Bargain Outlet Holdings, Inc. $OLLI Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 52,697 shares of the company’s stock, valued at approximately $4,513,000. Jefferies Financial Group Inc. owned 0.09% of Ollie’s Bargain Outlet at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in OLLI. D.B. Root & Company LLC increased its position in shares of Ollie’s Bargain Outlet by 12.9% in the third quarter. D.B. Root & Company LLC now owns 10,626 shares of the company’s stock worth $910,000 after acquiring an additional 1,215 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of Ollie’s Bargain Outlet in the 3rd quarter valued at approximately $310,000. Retirement Systems of Alabama grew its holdings in Ollie’s Bargain Outlet by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 177,022 shares of the company’s stock worth $15,162,000 after acquiring an additional 15,526 shares in the last quarter. Fulcrum Asset Management LLP bought a new stake in Ollie’s Bargain Outlet in the third quarter valued at about $2,024,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Ollie’s Bargain Outlet during the 3rd quarter valued at approximately $11,403,000.

Analysts Set New Price Targets

A number of brokerages have commented on OLLI. Royal Bank Of Canada lifted their target price on Ollie’s Bargain Outlet from $124.00 to $125.00 and gave the company an “outperform” rating in a research note on Tuesday, October 27th. Gordon Haskett upgraded shares of Ollie’s Bargain Outlet from an “accumulate” rating to a “buy” rating and set a $105.00 price target on the stock in a research note on Tuesday, October 13th. Piper Sandler reaffirmed an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Monday, October 12th. Raymond James Financial set a $120.00 price target on Ollie’s Bargain Outlet in a research report on Monday. Finally, Truist Financial increased their target price on shares of Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.13.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI opened at $94.77 on Friday. The business’s 50-day moving average is $85.79 and its 200-day moving average is $86.39. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 1.58 and a beta of 0.36. Ollie’s Bargain Outlet Holdings, Inc. has a fifty-two week low of $60.29 and a fifty-two week high of $129.84.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.12 by $0.30. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The business had revenue of $741.31 million for the quarter, compared to analysts’ expectations of $747.71 million. During the same period in the previous year, the company posted $0.99 EPS. Ollie’s Bargain Outlet’s revenue was up 9.1% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Equities research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 earnings per share for the current fiscal year.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc. operates Ollie’s Bargain Outlet, a U.S. discount retailer that sells brand-name merchandise at value-oriented prices. Its stores offer a changing assortment of products, including housewares, food, books, toys, flooring, seasonal goods, electronics, health and beauty products, and apparel. The company’s closeout-focused buying model allows it to offer merchandise acquired from manufacturers and other suppliers, including excess inventory and discontinued products.