Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Acquired by Goldman Sachs Group Inc.

by · The Markets Daily

Goldman Sachs Group Inc. raised its stake in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report) by 315.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,707,117 shares of the company’s stock after acquiring an additional 1,296,672 shares during the period. Goldman Sachs Group Inc.’s holdings in Ollie’s Bargain Outlet were worth $187,117,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its position in shares of Ollie’s Bargain Outlet by 28.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock worth $328,000 after acquiring an additional 615 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Ollie’s Bargain Outlet by 993.4% during the first quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock worth $251,000 after purchasing an additional 1,957 shares during the period. Empowered Funds LLC acquired a new stake in shares of Ollie’s Bargain Outlet in the 1st quarter worth $359,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Ollie’s Bargain Outlet by 12.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock valued at $21,342,000 after acquiring an additional 19,837 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Ollie’s Bargain Outlet by 44.7% in the second quarter. First Trust Advisors LP now owns 129,614 shares of the company’s stock valued at $17,081,000 after acquiring an additional 40,061 shares in the last quarter.

Wall Street Analysts Forecast Growth

OLLI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. KeyCorp set a $140.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Wednesday. The Goldman Sachs Group cut their target price on shares of Ollie’s Bargain Outlet from $151.00 to $129.00 and set a “buy” rating for the company in a research note on Thursday. Piper Sandler set a $114.00 price target on Ollie’s Bargain Outlet in a report on Wednesday. Finally, Bank of America reiterated a “buy” rating on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.13.

Read Our Latest Analysis on Ollie’s Bargain Outlet

Insider Transactions at Ollie’s Bargain Outlet

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 3,330 shares of the business’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $95.80, for a total value of $319,014.00. Following the transaction, the chairman owned 48,200 shares in the company, valued at $4,617,560. The trade was a 6.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 12,459 shares of company stock worth $1,149,218. Insiders own 0.75% of the company’s stock.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ OLLI opened at $76.70 on Monday. Ollie’s Bargain Outlet Holdings, Inc. has a 12-month low of $73.32 and a 12-month high of $141.74. The company has a market cap of $4.64 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.34 and a beta of 0.46. The stock has a fifty day moving average price of $86.10 and a 200 day moving average price of $102.68.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The firm had revenue of $658.93 million for the quarter, compared to analyst estimates of $661.65 million. During the same period in the previous year, the company posted $0.75 EPS. Ollie’s Bargain Outlet’s revenue for the quarter was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 4.51 EPS for the current fiscal year.

Trending Headlines about Ollie’s Bargain Outlet

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

  • Positive Sentiment: Ollie’s Bargain Outlet reported Q1 EPS of $0.91, topping estimates, while revenue rose 14.2% year over year and comparable sales increased 1.7%, signaling healthy underlying demand. Article Title
  • Positive Sentiment: Management raised its fiscal 2026 outlook, which reinforces confidence that the company can sustain growth and margin expansion after the latest quarter. Article Title
  • Positive Sentiment: Loop Capital reaffirmed its buy rating on OLLI and set a $135 price target, suggesting meaningful upside from current levels. Article Title
  • Positive Sentiment: Gordon Haskett reaffirmed an accumulate rating and still sees upside, though it trimmed its target to $90 from $100. Article Title
  • Neutral Sentiment: UBS lowered its price target on OLLI to $87 from $125 and kept a neutral rating, highlighting some lingering macro caution despite the earnings beat. Article Title
  • Neutral Sentiment: Recent commentary is mixed, with some articles arguing the market may be underestimating Ollie’s execution, while others compare its post-earnings reaction to peers like Five Below. Article Title

About Ollie’s Bargain Outlet

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding OLLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Free Report).