Emerald Advisers LLC Has $31.95 Million Stock Position in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Emerald Advisers LLC increased its holdings in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 16.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 347,125 shares of the company’s stock after acquiring an additional 48,543 shares during the period. Emerald Advisers LLC’s holdings in Ollie’s Bargain Outlet were worth $31,949,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OLLI. Cornerstone Planning Group LLC boosted 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 acquiring an additional 175 shares during the period. Allworth Financial LP increased 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 purchasing an additional 166 shares during the period. Maseco LLP acquired a new position in shares of Ollie’s Bargain Outlet in the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. lifted its position 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 purchasing an additional 92 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of Ollie’s Bargain Outlet by 131.6% in the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after purchasing an additional 271 shares in the last quarter.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI stock opened at $65.33 on Tuesday. Ollie’s Bargain Outlet Holdings, Inc. has a fifty-two week low of $60.29 and a fifty-two week high of $141.74. The stock’s 50-day moving average is $76.92 and its two-hundred day moving average is $94.82. The firm has a market cap of $3.95 billion, a P/E ratio of 16.13, a PEG ratio of 1.15 and a beta of 0.47.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The business had revenue of $658.93 million during the quarter, compared to analyst estimates of $661.65 million. During the same period in the previous year, the company earned $0.75 EPS. The firm’s 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. As a group, research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.45 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on OLLI shares. The Goldman Sachs Group decreased their price target on shares of Ollie’s Bargain Outlet from $129.00 to $112.00 and set a “buy” rating for the company in a report on Monday, June 29th. Gordon Haskett reiterated an “accumulate” rating and issued a $90.00 price objective (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Weiss Ratings downgraded shares of Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Loop Capital reissued a “buy” rating and set a $135.00 target price on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $70.00 target price (down from $152.00) on shares of Ollie’s Bargain Outlet in a research note on Wednesday, July 8th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $115.93.

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.