Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 25.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,640 shares of the company’s stock after selling 10,187 shares during the period. Landscape Capital Management L.L.C.’s holdings in Ollie’s Bargain Outlet were worth $3,249,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cornerstone Planning Group LLC raised its position in shares of Ollie’s Bargain Outlet by 218.8% in 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 period. Allworth Financial LP raised its position 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 worth $28,000 after buying an additional 166 shares during the period. Maseco LLP purchased a new position in shares of Ollie’s Bargain Outlet in the 4th quarter worth $30,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after buying an additional 92 shares during the period. Finally, Shell Asset Management Co. purchased a new position in shares of Ollie’s Bargain Outlet in the 3rd quarter worth $37,000.

Ollie’s Bargain Outlet Price Performance

Shares of Ollie’s Bargain Outlet stock opened at $83.25 on Monday. The business has a 50-day moving average of $85.06 and a 200-day moving average of $101.23. The company has a market capitalization of $5.03 billion, a PE ratio of 20.56, a P/E/G ratio of 1.45 and a beta of 0.46. Ollie’s Bargain Outlet Holdings, Inc. has a 1-year low of $73.32 and a 1-year high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $658.93 million during the quarter, compared to the consensus estimate of $661.65 million. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The company’s revenue was up 14.2% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, equities analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OLLI. Gordon Haskett reaffirmed an “accumulate” rating and issued a $90.00 target price (down from $100.00) on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. Bank of America reaffirmed a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Weiss Ratings lowered Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada cut their target price on Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Finally, Wells Fargo & Company cut their target price on Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.13.

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 dated Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total transaction of $319,014.00. Following the completion of the sale, the chairman directly owned 48,200 shares in the company, valued at $4,617,560. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,459 shares of company stock worth $1,149,218 in the last three months. 0.75% of the stock is owned by company insiders.

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.