B. Metzler seel. Sohn & Co. AG Takes Position in Ollie's Bargain Outlet Holdings, Inc. $OLLI

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 59,862 shares of Ollie’s Bargain Outlet in the second quarter, valued at approximately $4.6 million and representing about 0.10% of the company.
• Several other institutional investors also opened positions, including Summit Creek Advisors with an investment of approximately $7.0 million.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $110.20. Ollie’s recently beat quarterly EPS estimates, while revenue rose 14.2% year over year.

B. Metzler seel. Sohn & Co. AG acquired a new stake in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 59,862 shares of the company's stock, valued at approximately $4,602,000. B. Metzler seel. Sohn & Co. AG owned approximately 0.10% of Ollie's Bargain Outlet at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Western Standard LLC bought a new position in shares of Ollie's Bargain Outlet during the 2nd quarter worth approximately $2,153,000. Madison Asset Management LLC acquired a new stake in Ollie's Bargain Outlet in the 2nd quarter valued at $1,771,000. NewEdge Wealth LLC bought a new stake in Ollie's Bargain Outlet during the 2nd quarter worth about $1,770,000. Diversify Advisory Services LLC bought a new stake in Ollie's Bargain Outlet during the 2nd quarter worth about $1,376,000. Finally, Summit Creek Advisors LLC acquired a new position in shares of Ollie's Bargain Outlet during the 2nd quarter worth approximately $7,036,000.

Analyst Ratings Changes

Several analysts have issued reports on OLLI shares. Weiss Ratings lowered Ollie's Bargain Outlet from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 16th. Citigroup lowered their price objective on Ollie's Bargain Outlet from $141.00 to $111.00 and set a "buy" rating on the stock in a research report on Tuesday, May 12th. UBS Group set a $80.00 price target on shares of Ollie's Bargain Outlet in a research note on Thursday, July 9th. Royal Bank Of Canada dropped their price objective on shares of Ollie's Bargain Outlet from $152.00 to $121.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Finally, Wells Fargo & Company cut their price objective on shares of Ollie's Bargain Outlet from $115.00 to $100.00 and set an "overweight" rating for the company in a report on Monday. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $110.20.

Ollie's Bargain Outlet Trading Up 1.8%

Shares of NASDAQ OLLI opened at $76.07 on Friday. Ollie's Bargain Outlet Holdings, Inc. has a 1-year low of $60.29 and a 1-year high of $140.17. The firm has a market capitalization of $4.60 billion, a P/E ratio of 18.78, a P/E/G ratio of 1.32 and a beta of 0.46. The firm's 50-day moving average price is $72.79 and its 200-day moving average price is $86.74.

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 analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $661.65 million. During the same period in the prior year, the business earned $0.75 EPS. The firm's revenue for the quarter 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. Equities research analysts forecast that Ollie's Bargain Outlet Holdings, Inc. will post 4.44 EPS for the current year.

Ollie's Bargain Outlet 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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