28,000 Shares in Ollie's Bargain Outlet Holdings, Inc. $OLLI Bought by Western Standard LLC

Key Points

• Western Standard LLC acquired 28,000 shares of Ollie’s Bargain Outlet in the second quarter, worth approximately $2.15 million and representing 0.7% of its portfolio. Several other institutional investors also increased their positions.
• Ollie’s reported quarterly EPS of $0.91, beating estimates of $0.87, while revenue rose 14.2% year over year to $658.93 million. The company maintained fiscal 2026 EPS guidance of $4.45–$4.55.
• OLLI shares opened at $79.39 after rising 4.2%; analysts retain a “Moderate Buy” consensus with an average price target of $110.20, despite multiple recent target-price reductions.

Western Standard LLC acquired a new stake in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 28,000 shares of the company's stock, valued at approximately $2,153,000. Ollie's Bargain Outlet comprises approximately 0.7% of Western Standard LLC's investment portfolio, making the stock its 25th biggest position.

Other large investors also recently modified their holdings of the company. Peregrine Capital Management LLC lifted its stake in shares of Ollie's Bargain Outlet by 21.2% in the 4th quarter. Peregrine Capital Management LLC now owns 120,733 shares of the company's stock valued at $13,234,000 after acquiring an additional 21,138 shares during the last quarter. TimesSquare Capital Management LLC grew its position in Ollie's Bargain Outlet by 42.7% during the 4th quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company's stock worth $26,990,000 after acquiring an additional 73,633 shares during the last quarter. Capital World Investors grew its position in Ollie's Bargain Outlet by 76.5% during the 4th quarter. Capital World Investors now owns 695,464 shares of the company's stock worth $76,230,000 after acquiring an additional 301,332 shares during the last quarter. Stephens Investment Management Group LLC increased its stake in Ollie's Bargain Outlet by 32.8% in the 1st quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company's stock worth $103,661,000 after purchasing an additional 277,870 shares during the period. Finally, Capital Research Global Investors increased its stake in Ollie's Bargain Outlet by 70.2% in the 4th quarter. Capital Research Global Investors now owns 772,837 shares of the company's stock worth $84,711,000 after purchasing an additional 318,865 shares during the period.

Ollie's Bargain Outlet Trading Up 4.2%

Shares of OLLI stock opened at $79.39 on Thursday. Ollie's Bargain Outlet Holdings, Inc. has a 12 month low of $60.29 and a 12 month high of $140.17. The stock has a market cap of $4.80 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.35 and a beta of 0.46. The company's fifty day moving average price is $73.11 and its 200-day moving average price is $87.07.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, topping 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 company had revenue of $658.93 million for the quarter, compared to the consensus estimate of $661.65 million. During the same quarter in the prior year, the business posted $0.75 EPS. The firm's quarterly revenue was up 14.2% compared to the same quarter last year. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts forecast that Ollie's Bargain Outlet Holdings, Inc. will post 4.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group dropped 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 research report on Monday, June 29th. Piper Sandler lowered their price objective on shares of Ollie's Bargain Outlet from $114.00 to $113.00 and set an "overweight" rating for the company in a research note on Tuesday. Truist Financial dropped their target price on shares of Ollie's Bargain Outlet from $112.00 to $80.00 and set a "buy" rating for the company in a report on Thursday, July 9th. JPMorgan Chase & Co. increased their target price on shares of Ollie's Bargain Outlet from $70.00 to $73.00 and gave the stock a "neutral" rating in a report on Tuesday. Finally, KeyCorp cut their target price on Ollie's Bargain Outlet from $140.00 to $98.00 and set an "overweight" rating on the stock in a research note on Thursday, July 16th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $110.20.

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.

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