Canada Pension Plan Investment Board Makes New $7.59 Million Investment in Ollie's Bargain Outlet Holdings, Inc. $OLLI

Key Points

• Canada Pension Plan Investment Board acquired 98,700 Ollie’s Bargain Outlet shares in the second quarter, valued at approximately $7.59 million and representing about 0.16% of the company.
• 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 issued fiscal 2026 EPS guidance of $4.45–$4.55.
• Despite several analysts lowering price targets, OLLI retains a “Moderate Buy” consensus rating from 17 analysts, with an average target of $107.29; shares recently traded at $72.42.

Canada Pension Plan Investment Board acquired a new position in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 98,700 shares of the company's stock, valued at approximately $7,588,000. Canada Pension Plan Investment Board owned approximately 0.16% of Ollie's Bargain Outlet as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in OLLI. Cornerstone Planning Group LLC raised its position in shares of 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 in the last quarter. Allworth Financial LP boosted its holdings in Ollie's Bargain Outlet by 301.8% in the third quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after purchasing an additional 166 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 valued at $31,000 after purchasing an additional 92 shares in the last quarter. CENTRAL TRUST Co increased its stake in Ollie's Bargain Outlet by 131.6% in the first quarter. CENTRAL TRUST Co now owns 477 shares of the company's stock valued at $44,000 after purchasing an additional 271 shares during the last quarter. Finally, Root Financial Partners LLC increased its stake in Ollie's Bargain Outlet by 190.5% in the first quarter. Root Financial Partners LLC now owns 488 shares of the company's stock valued at $45,000 after purchasing an additional 320 shares during the last quarter.

Ollie's Bargain Outlet Price Performance

OLLI stock opened at $72.42 on Friday. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.28 and a beta of 0.46. The company has a fifty day moving average price of $72.20 and a 200 day moving average price of $85.51. Ollie's Bargain Outlet Holdings, Inc. has a 12 month low of $60.29 and a 12 month high of $139.21.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $658.93 million for the quarter, compared to the consensus estimate of $661.65 million. Ollie's Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. Ollie's Bargain Outlet's revenue for the quarter was up 14.2% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. As a group, analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 4.44 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on OLLI shares. Piper Sandler reduced 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 report on Tuesday, August 18th. Citigroup dropped their target price on shares of Ollie's Bargain Outlet from $111.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Ollie's Bargain Outlet from $70.00 to $73.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 18th. UBS Group cut their price target on shares of Ollie's Bargain Outlet from $87.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, Weiss Ratings cut shares of Ollie's Bargain Outlet from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, July 16th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $107.29.

About Ollie's Bargain Outlet

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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