Callan Family Office LLC Takes $610,000 Position in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Callan Family Office LLC purchased a new stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 7,937 shares of the company’s stock, valued at approximately $610,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG bought a new position in Ollie’s Bargain Outlet in the 2nd quarter valued at approximately $4,602,000. Western Standard LLC bought a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth $2,153,000. Madison Asset Management LLC acquired a new position in shares of Ollie’s Bargain Outlet during the second quarter worth $1,771,000. NewEdge Wealth LLC acquired a new position in shares of Ollie’s Bargain Outlet during the second quarter worth $1,770,000. Finally, Diversify Advisory Services LLC bought a new position in shares of Ollie’s Bargain Outlet in the 2nd quarter valued at $1,376,000.

Ollie’s Bargain Outlet Stock Down 2.3%

NASDAQ OLLI opened at $74.61 on Wednesday. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 1.35 and a beta of 0.46. Ollie’s Bargain Outlet Holdings, Inc. has a twelve month low of $60.29 and a twelve month high of $140.17. The stock has a fifty day simple moving average of $72.47 and a 200 day simple moving average of $86.11.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its 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 the consensus estimate of $661.65 million. During the same period in the previous year, the business earned $0.75 EPS. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. Research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

OLLI has been the topic of a number of research reports. UBS Group set a $80.00 price objective on Ollie’s Bargain Outlet in a research report on Thursday, July 9th. Citigroup cut their price target on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Truist Financial reduced their price target on Ollie’s Bargain Outlet from $112.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Wells Fargo & Company lowered their price objective on Ollie’s Bargain Outlet from $115.00 to $100.00 and set an “overweight” rating for the company in a research note on Monday, August 17th. Finally, Weiss Ratings lowered shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 16th. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and an average target price of $110.20.

Ollie’s Bargain Outlet Company 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.