Ollie's Bargain Outlet Holdings, Inc. $OLLI Shares Bought by Massachusetts Financial Services Co. MA

Key Points

• Massachusetts Financial Services raised its stake in Ollie's by 80.5% in Q4 to 213,047 shares (about $23.35M), while other institutions including Balyasny, Invesco, Marshall Wace and Barclays also materially increased or established positions.
• Ollie's slightly beat quarterly EPS expectations ($1.39 vs. $1.38), reported revenue of $779.3M (up 16.8% year-over-year), and set FY 2026 guidance at 4.400–4.500 EPS.
• Wall Street sentiment is largely positive with 13 Buy and 3 Hold ratings, a consensus rating of "Moderate Buy" and a consensus price target of $140.64, following several recent upgrades and raised targets.

Massachusetts Financial Services Co. MA grew its holdings in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 80.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 213,047 shares of the company's stock after acquiring an additional 95,011 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.35% of Ollie's Bargain Outlet worth $23,352,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in OLLI. Balyasny Asset Management L.P. acquired a new position in Ollie's Bargain Outlet during the 3rd quarter worth $136,152,000. Invesco Ltd. boosted its position in Ollie's Bargain Outlet by 17.2% during the 3rd quarter. Invesco Ltd. now owns 2,992,848 shares of the company's stock worth $384,282,000 after acquiring an additional 440,243 shares during the period. Marshall Wace LLP boosted its position in Ollie's Bargain Outlet by 1,082.9% during the 3rd quarter. Marshall Wace LLP now owns 390,196 shares of the company's stock worth $50,101,000 after acquiring an additional 357,210 shares during the period. Barclays PLC boosted its position in Ollie's Bargain Outlet by 1,059.9% during the 3rd quarter. Barclays PLC now owns 365,722 shares of the company's stock worth $46,959,000 after acquiring an additional 334,192 shares during the period. Finally, Artisan Partners Limited Partnership acquired a new position in Ollie's Bargain Outlet during the 3rd quarter worth $21,910,000.

Insider Activity at Ollie's Bargain Outlet

In other news, Chairman John W. Swygert sold 3,330 shares of the company's stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total transaction of $319,014.00. Following the completion of the sale, the chairman directly owned 48,200 shares of the company's stock, valued at $4,617,560. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,585 shares of company stock worth $1,275,398 over the last three months. Corporate insiders own 0.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Wells Fargo & Company upgraded Ollie's Bargain Outlet from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $120.00 to $130.00 in a report on Friday, March 13th. Jefferies Financial Group upgraded Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and upped their price objective for the company from $120.00 to $130.00 in a report on Thursday, April 2nd. Royal Bank Of Canada upped their price objective on Ollie's Bargain Outlet from $147.00 to $155.00 and gave the company an "outperform" rating in a report on Friday, March 13th. Piper Sandler restated an "overweight" rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. Finally, Bank of America restated a "buy" rating on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $140.64.

Ollie's Bargain Outlet Stock Up 1.0%

Shares of Ollie's Bargain Outlet stock opened at $95.23 on Thursday. The firm has a market cap of $5.81 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 1.65 and a beta of 0.59. The business has a fifty day simple moving average of $102.57 and a 200-day simple moving average of $113.11. Ollie's Bargain Outlet Holdings, Inc. has a fifty-two week low of $88.44 and a fifty-two week high of $141.74.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie's Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The business had revenue of $779.26 million during the quarter, compared to analyst estimates of $783.72 million. During the same quarter in the prior year, the firm posted $1.19 earnings per share. The company's revenue was up 16.8% on a year-over-year basis. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal 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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