Retirement Systems of Alabama Boosts Position in Ollie's Bargain Outlet Holdings, Inc. $OLLI

Key Points

• Retirement Systems of Alabama increased its stake in Ollie's by 36.5% in Q4 to 101,257 shares (about $11.1M), representing roughly 0.17% ownership.
• Analyst sentiment is broadly positive—14 Buys vs. 2 Holds—with an average price target of $141.14, and recent upgrades/target raises from firms including RBC, Jefferies and Wells Fargo.
• Insider activity and results: Chairman John W. Swygert sold 5,231 shares (~$482K) under a Rule 10b5‑1 plan (insiders sold 10,255 shares in the quarter), while the company posted $1.39 EPS (beat by $0.01) and guided FY2026 EPS to $4.40–$4.50.

Retirement Systems of Alabama grew its stake in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 36.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,257 shares of the company's stock after buying an additional 27,092 shares during the period. Retirement Systems of Alabama owned 0.17% of Ollie's Bargain Outlet worth $11,099,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of OLLI. Allworth Financial LP increased its holdings in Ollie's Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company's stock worth $28,000 after acquiring an additional 166 shares during the period. Private Trust Co. NA boosted its holdings in Ollie's Bargain Outlet by 71.3% in the 3rd quarter. Private Trust Co. NA now owns 245 shares of the company's stock valued at $31,000 after purchasing an additional 102 shares during the period. Shell Asset Management Co. purchased a new position in shares of Ollie's Bargain Outlet during the 3rd quarter valued at $37,000. Smartleaf Asset Management LLC increased its holdings in shares of Ollie's Bargain Outlet by 125.0% in the third quarter. Smartleaf Asset Management LLC now owns 342 shares of the company's stock worth $45,000 after purchasing an additional 190 shares during the period. Finally, Bessemer Group Inc. raised its position in shares of Ollie's Bargain Outlet by 25.0% in the third quarter. Bessemer Group Inc. now owns 430 shares of the company's stock worth $55,000 after buying an additional 86 shares in the last quarter.

Wall Street Analyst Weigh In

OLLI has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their target price on Ollie's Bargain Outlet from $147.00 to $155.00 and gave the stock an "outperform" rating in a research report on Friday, March 13th. Bank of America reaffirmed a "buy" rating on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. Sanford C. Bernstein reissued an "outperform" rating on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Morgan Stanley decreased their price objective on shares of Ollie's Bargain Outlet from $130.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Friday, March 13th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $162.00 target price on shares of Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $141.14.

More Ollie's Bargain Outlet News

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

• Positive Sentiment: Jefferies upgraded OLLI from Hold to Buy and raised its target to $130, highlighting long‑term unit growth, strong market position and stable margins — a direct catalyst that has drawn buyer interest. Read More.
• Positive Sentiment: Wells Fargo added Ollie’s to a tactical list with a $130 target, framing recent weakness as an entry opportunity — another institutional endorsement that supports the rally. Read More.
• Positive Sentiment: Multiple outlets (Zacks, Yahoo/UK, MSN, Seeking Alpha) ran bullish takes emphasizing OLLI’s membership/traffic momentum, margin stability and relative valuation versus peers — reinforcing the narrative that shares are undervalued. Read More.
• Neutral Sentiment: Local expansion news: a new Ollie’s store opened in Derby (connects to unit-growth story). Helpful for long‑run sales and footprint but not an immediate market mover by itself. Read More.
• Negative Sentiment: Chairman John W. Swygert sold 5,231 shares (≈$482K) under a Rule 10b5‑1 plan; while pre‑planned, the disclosed reduction (~9.8% of his holding) can create short‑term caution among some investors. SEC filing and coverage are public. Read More.

Insider Buying and Selling

In other Ollie's Bargain Outlet news, Chairman John W. Swygert sold 5,231 shares of the stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total transaction of $481,722.79. Following the transaction, the chairman directly owned 48,200 shares in the company, valued at $4,438,738. This trade represents a 9.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,255 shares of company stock worth $956,384 in the last quarter. 0.75% of the stock is owned by company insiders.

Ollie's Bargain Outlet Price Performance

OLLI opened at $95.22 on Friday. The business's fifty day simple moving average is $105.03 and its 200 day simple moving average is $115.52. Ollie's Bargain Outlet Holdings, Inc. has a 52 week low of $88.44 and a 52 week high of $141.74. The stock has a market cap of $5.80 billion, a PE ratio of 24.42, a P/E/G ratio of 1.67 and a beta of 0.59.

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