Integrity Alliance LLC. Makes New Investment in Ollie's Bargain Outlet Holdings, Inc. $OLLI

Key Points

• Integrity Alliance LLC acquired 11,170 shares of Ollie’s Bargain Outlet in the third quarter, valued at approximately $957,000. Other major investors, including Wasatch Advisors and Dimensional Fund Advisors, also increased their stakes.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $103.57; 13 analysts rate the stock Buy and four rate it Hold.
• Ollie’s reported quarterly EPS of $1.42, beating estimates of $1.12, while revenue rose 9.1% year over year to $741.31 million—slightly below analysts’ expectations.

Integrity Alliance LLC. acquired a new position in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,170 shares of the company's stock, valued at approximately $957,000.

Several other hedge funds also recently added to or reduced their stakes in OLLI. BlackRock Inc. acquired a new stake in shares of Ollie's Bargain Outlet in the 2nd quarter valued at about $430,204,000. Wasatch Advisors LP grew its stake in Ollie's Bargain Outlet by 45.9% in the second quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company's stock worth $335,356,000 after purchasing an additional 1,371,744 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Ollie's Bargain Outlet by 6.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,272,306 shares of the company's stock worth $117,098,000 after purchasing an additional 72,781 shares in the last quarter. Primecap Management Co. CA acquired a new position in Ollie's Bargain Outlet in the second quarter worth about $67,338,000. Finally, J. Goldman & Co LP acquired a new position in Ollie's Bargain Outlet in the second quarter worth about $41,494,000.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OLLI. KeyCorp restated an "overweight" rating on shares of Ollie's Bargain Outlet in a research note on Thursday, September 3rd. UBS Group decreased their target price on Ollie's Bargain Outlet from $87.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, August 27th. Gordon Haskett upgraded Ollie's Bargain Outlet from an "accumulate" rating to a "buy" rating and set a $105.00 price target for the company in a report on Tuesday, October 13th. Royal Bank Of Canada upped their price target on Ollie's Bargain Outlet from $124.00 to $125.00 and gave the company an "outperform" rating in a research report on Tuesday, October 27th. Finally, JPMorgan Chase & Co. raised their price objective on 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. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ollie's Bargain Outlet has an average rating of "Moderate Buy" and a consensus target price of $103.57.

Ollie's Bargain Outlet Stock Down 1.2%

Shares of NASDAQ OLLI opened at $93.00 on Friday. The firm's 50-day moving average price is $83.69 and its two-hundred day moving average price is $86.89. Ollie's Bargain Outlet Holdings, Inc. has a 52-week low of $60.29 and a 52-week high of $130.40. The stock has a market capitalization of $5.52 billion, a P/E ratio of 20.76, a P/E/G ratio of 1.55 and a beta of 0.36.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.30. The business had revenue of $741.31 million for the quarter, compared to analysts' expectations of $747.71 million. Ollie's Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%. The business's quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 EPS. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, equities research analysts expect that Ollie's Bargain Outlet Holdings, Inc. will post 4.61 earnings per share for the current year.

Ollie's Bargain Outlet Company 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.

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