Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Newly Bought by Isthmus Partners LLC

Isthmus Partners LLC bought a new stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 48,751 shares of the company’s stock, valued at approximately $4,176,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CENTRAL TRUST Co lifted its stake in shares of Ollie’s Bargain Outlet by 131.6% during the 1st quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after acquiring an additional 271 shares during the last quarter. Root Financial Partners LLC boosted its holdings in Ollie’s Bargain Outlet by 190.5% during the 1st quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock valued at $45,000 after acquiring an additional 320 shares during the period. Farther Finance Advisors LLC grew its position in Ollie’s Bargain Outlet by 26.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 622 shares of the company’s stock valued at $53,000 after acquiring an additional 131 shares during the last quarter. GK Wealth Management LLC bought a new position in Ollie’s Bargain Outlet in the 3rd quarter valued at $61,000. Finally, GAMMA Investing LLC grew its position in Ollie’s Bargain Outlet by 13.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,632 shares of the company’s stock valued at $125,000 after acquiring an additional 190 shares during the last quarter.

Ollie’s Bargain Outlet Stock Up 0.8%

OLLI opened at $92.63 on Friday. The stock’s fifty day moving average is $81.07 and its two-hundred day moving average is $79.56. The company has a market capitalization of $5.50 billion, a P/E ratio of 20.68, a PEG ratio of 1.52 and a beta of 0.41. Ollie’s Bargain Outlet Holdings, Inc. has a 52 week low of $60.29 and a 52 week high of $130.40.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.30. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%. The business had revenue of $741.31 million during the quarter, compared to analyst estimates 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 analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on OLLI shares. The Goldman Sachs Group reduced their target price on Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. KeyCorp reissued an “overweight” rating on shares of Ollie’s Bargain Outlet in a research note on Thursday, September 3rd. Craig Hallum restated a “buy” rating and issued a $120.00 price target on shares of Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Piper Sandler restated an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Monday, October 12th. Finally, Gordon Haskett raised 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. Thirteen equities 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $103.50.

Ollie’s Bargain Outlet Profile

Ollie’s Bargain Outlet Holdings, Inc operates Ollie’s Bargain Outlet, a U.S. retailer specializing in closeout, excess, and salvage merchandise. Its stores offer a constantly changing assortment of brand-name and private-label products at discounted prices, with inventory varying according to available purchasing opportunities.

The company’s product categories generally include housewares, food, health and beauty products, toys, books, electronics, clothing, hardware, seasonal merchandise, and home furnishings.