Jefferies Financial Group Inc. Buys Shares of 11,460 Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Jefferies Financial Group Inc. acquired a new position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 11,460 shares of the company’s stock, valued at approximately $1,256,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Global Retirement Partners LLC boosted its position in shares of Ollie’s Bargain Outlet by 3,863.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,942 shares of the company’s stock worth $213,000 after buying an additional 1,893 shares in the last quarter. Handelsbanken Fonder AB boosted its position in shares of Ollie’s Bargain Outlet by 21.7% in the 4th quarter. Handelsbanken Fonder AB now owns 20,200 shares of the company’s stock worth $2,214,000 after buying an additional 3,600 shares in the last quarter. TimesSquare Capital Management LLC boosted its position in shares of Ollie’s Bargain Outlet by 42.7% in the 4th quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company’s stock worth $26,990,000 after buying an additional 73,633 shares in the last quarter. North Dakota State Investment Board purchased a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter worth about $238,000. Finally, Stephens Investment Management Group LLC boosted its position in shares of Ollie’s Bargain Outlet by 25.2% in the 4th quarter. Stephens Investment Management Group LLC now owns 848,385 shares of the company’s stock worth $92,991,000 after buying an additional 170,900 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Piper Sandler reiterated an “overweight” rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Truist Financial set a $135.00 target price on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Citigroup reduced their target price on shares of Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Jefferies Financial Group upgraded shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and upped their target price for the company from $120.00 to $130.00 in a report on Thursday, April 2nd. Finally, Bank of America restated a “buy” rating on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $137.21.

Insider Buying and Selling at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 5,231 shares of the stock in a transaction dated 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 represents a 9.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 12,459 shares of company stock worth $1,149,218. Corporate insiders own 0.75% of the company’s stock.

Ollie’s Bargain Outlet Trading Up 5.0%

NASDAQ OLLI opened at $82.54 on Friday. The business’s 50-day moving average price is $88.25 and its 200 day moving average price is $104.67. Ollie’s Bargain Outlet Holdings, Inc. has a twelve month low of $73.32 and a twelve month high of $141.74. The company has a market capitalization of $5.01 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.38 and a beta of 0.48.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $779.26 million for the quarter, compared to the consensus estimate of $783.72 million. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Equities analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 EPS 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.