New Age Alpha Advisors LLC Makes New $801,000 Investment in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

New Age Alpha Advisors LLC acquired a new position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 7,309 shares of the company’s stock, valued at approximately $801,000.

A number of other large investors have also modified their holdings of the company. Life Cycle Investment Partners Ltd acquired a new position in shares of Ollie’s Bargain Outlet in the fourth quarter worth about $17,457,000. Lisanti Capital Growth LLC raised its position in shares of Ollie’s Bargain Outlet by 4.4% in the fourth quarter. Lisanti Capital Growth LLC now owns 7,785 shares of the company’s stock worth $853,000 after acquiring an additional 330 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Ollie’s Bargain Outlet in the fourth quarter worth about $1,256,000. Global Retirement Partners LLC raised its position in shares of Ollie’s Bargain Outlet by 3,863.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,942 shares of the company’s stock worth $213,000 after acquiring an additional 1,893 shares during the period. Finally, Handelsbanken Fonder AB raised its position in shares of Ollie’s Bargain Outlet by 21.7% during the 4th quarter. Handelsbanken Fonder AB now owns 20,200 shares of the company’s stock worth $2,214,000 after purchasing an additional 3,600 shares during the last quarter.

Insider Transactions at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 3,330 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $95.80, for a total transaction of $319,014.00. Following the completion of the sale, the chairman owned 48,200 shares of the company’s stock, valued at approximately $4,617,560. This represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 12,459 shares of company stock worth $1,149,218. 0.75% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on OLLI. UBS Group set a $125.00 price target on shares of Ollie’s Bargain Outlet in a research report on Monday, March 16th. Piper Sandler restated an “overweight” rating and set a $128.00 price target (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 price target on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Bank of America restated a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Finally, Weiss Ratings downgraded shares of Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $137.21.

Ollie’s Bargain Outlet Stock Down 2.5%

OLLI opened at $78.61 on Thursday. 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 50-day moving average price of $88.68 and a 200 day moving average price of $104.96. The company has a market cap of $4.77 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 1.41 and a beta of 0.48.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The company had revenue of $779.26 million during the quarter, compared to analysts’ expectations of $783.72 million. During the same quarter in the prior year, the company earned $1.19 EPS. Ollie’s Bargain Outlet’s revenue was up 16.8% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 earnings per share for the current year.

About Ollie’s Bargain Outlet

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.