Jupiter Topco LLC Buys New Shares in Ollie's Bargain Outlet Holdings, Inc. $OLLI

Key Points

• Jupiter Topco LLC acquired 26,867 shares of Ollie’s Bargain Outlet in the second quarter, valued at approximately $2.1 million, while several other institutional investors also increased or initiated positions.
• Ollie’s reported second-quarter adjusted EPS of $1.42, beating the $1.12 consensus, with revenue rising 9.1% year over year to $741.3 million. The company raised its fiscal 2026 adjusted EPS outlook to $4.57–$4.65, helped by tariff refunds.
• Despite strong earnings, comparable-store sales fell 1.8% and revenue missed expectations; analysts remain broadly positive, with a “Moderate Buy” consensus and average price target of $102.57 versus the stock’s $73.69 price.

Jupiter Topco LLC bought a new position in Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 26,867 shares of the company's stock, valued at approximately $2,066,000.

A number of other institutional investors have also bought and sold shares of OLLI. Allworth Financial LP raised its holdings in Ollie's Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after acquiring an additional 166 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 worth $31,000 after acquiring an additional 92 shares during the period. Quarry LP bought a new position in shares of Ollie's Bargain Outlet in the third quarter worth about $55,000. CENTRAL TRUST Co grew its position in shares of Ollie's Bargain Outlet by 131.6% during the first quarter. CENTRAL TRUST Co now owns 477 shares of the company's stock worth $44,000 after purchasing an additional 271 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Ollie's Bargain Outlet during the third quarter worth about $62,000.

Ollie's Bargain Outlet Trading Down 0.2%

Shares of OLLI stock opened at $73.69 on Friday. Ollie's Bargain Outlet Holdings, Inc. has a 12-month low of $60.29 and a 12-month high of $139.21. The stock's 50-day moving average price is $72.28 and its 200-day moving average price is $84.19. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 1.28 and a beta of 0.50.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.30. Ollie's Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The company had revenue of $741.31 million for the quarter, compared to the consensus estimate of $747.71 million. During the same period in the previous year, the business earned $0.99 earnings per share. The firm's revenue for the quarter was up 9.1% on a year-over-year basis. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, research analysts predict that Ollie's Bargain Outlet Holdings, Inc. will post 4.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on OLLI. Truist Financial boosted their price target on Ollie's Bargain Outlet from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday. Piper Sandler set a $98.00 price objective on shares of Ollie's Bargain Outlet in a report on Thursday. Wells Fargo & Company set a $98.00 price objective on shares of Ollie's Bargain Outlet in a research report on Thursday. The Goldman Sachs Group lowered their target price on shares of Ollie's Bargain Outlet from $112.00 to $100.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Citigroup dropped their target price on shares of Ollie's Bargain Outlet from $111.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, August 26th. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Ollie's Bargain Outlet has an average rating of "Moderate Buy" and an average target price of $102.57.

Trending Headlines about Ollie's Bargain Outlet

Here are the key news stories impacting Ollie's Bargain Outlet this week:

• Positive Sentiment: Second-quarter adjusted EPS was $1.42, well above the $1.12-$1.14 consensus and up from $0.99 a year earlier. Revenue increased 9.1% year over year to $741.3 million. Ollie's Second-Quarter Fiscal 2026 Results
• Positive Sentiment: Ollie’s raised its fiscal 2026 adjusted EPS outlook to $4.57-$4.65, above the roughly $4.52 consensus, as tariff refunds helped lift margins and earnings. OLLI Q2 Earnings Beat Estimates on Tariff Refunds
• Positive Sentiment: Royal Bank of Canada raised its price target to $124 and rated the stock “outperform.” Jefferies also maintained a “buy” rating, while Goldman Sachs, Piper Sandler and Wells Fargo retained positive ratings with targets ranging from $90 to $100.
• Positive Sentiment: The company opened 15 stores during the quarter, is targeting 75 new locations for fiscal 2026 and reported 12.7% growth in its Ollie’s Army loyalty program, supporting longer-term expansion.
• Neutral Sentiment: Analyst opinion remains constructive but more cautious: Goldman Sachs, Piper Sandler and Morgan Stanley lowered their price targets, although the revised targets still imply substantial upside. Morgan Stanley moved to an “equal weight” rating.
• Negative Sentiment: Revenue fell short of expectations, comparable-store sales declined 1.8%, and management’s fiscal 2026 sales outlook of approximately $2.928-$2.941 billion is below the roughly $3.0 billion consensus. Ollie's Raises Earnings Outlook Despite Sluggish Sales
• Negative Sentiment: Ollie’s plans to invest $15 million in lower prices, which could pressure near-term margins even as it seeks to improve customer traffic and remain competitive. Ollie’s to Invest $15 Million in Lower Prices

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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