Legal & General Group Plc Buys Shares of 81,733 Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Legal & General Group Plc acquired a new stake in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 81,733 shares of the company’s stock, valued at approximately $6,284,000. Legal & General Group Plc owned approximately 0.14% of Ollie’s Bargain Outlet as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC lifted its stake in Ollie’s Bargain Outlet by 42.7% in the fourth quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company’s stock worth $26,990,000 after acquiring an additional 73,633 shares during the last quarter. Capital World Investors increased its position in shares of Ollie’s Bargain Outlet by 76.5% in the 4th quarter. Capital World Investors now owns 695,464 shares of the company’s stock valued at $76,230,000 after purchasing an additional 301,332 shares during the last quarter. Stephens Investment Management Group LLC raised its holdings in shares of Ollie’s Bargain Outlet by 32.8% in the 1st quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company’s stock valued at $103,661,000 after purchasing an additional 277,870 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its holdings in shares of Ollie’s Bargain Outlet by 168.4% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 28,133 shares of the company’s stock valued at $3,084,000 after purchasing an additional 17,653 shares in the last quarter. Finally, Capital Research Global Investors lifted its position in shares of Ollie’s Bargain Outlet by 70.2% during the 4th quarter. Capital Research Global Investors now owns 772,837 shares of the company’s stock worth $84,711,000 after purchasing an additional 318,865 shares during the last quarter.

Ollie’s Bargain Outlet Stock Up 2.1%

Shares of NASDAQ:OLLI opened at $73.87 on Thursday. Ollie’s Bargain Outlet Holdings, Inc. has a 52 week low of $60.29 and a 52 week high of $139.21. The company has a 50-day moving average price of $72.23 and a 200 day moving average price of $84.47. The company has a market cap of $4.47 billion, a P/E ratio of 18.24, a PEG ratio of 1.28 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.30. Ollie’s Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The firm had revenue of $741.31 million during the quarter, compared to analysts’ expectations of $747.71 million. During the same quarter in the prior year, the business posted $0.99 earnings per share. Ollie’s Bargain Outlet’s revenue was up 9.1% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.44 EPS for the current year.

Analysts Set New Price Targets

OLLI has been the subject of several analyst reports. KeyCorp lowered their price objective on Ollie’s Bargain Outlet from $140.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. UBS Group reduced their price objective on shares of Ollie’s Bargain Outlet from $87.00 to $85.00 and set a “neutral” rating for the company in a research report on Thursday, August 27th. The Goldman Sachs Group cut their price target on shares of Ollie’s Bargain Outlet from $129.00 to $112.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Loop Capital reissued a “buy” rating and issued a $135.00 target price on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th. Finally, JPMorgan Chase & Co. lifted their price target on Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.29.

Key Stories Impacting Ollie’s Bargain Outlet

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

• Positive Sentiment: Adjusted EPS reached $1.42, up from $0.99 a year earlier and ahead of analysts’ estimates of roughly $1.12–$1.14. Revenue rose 9.1% year over year to $741.3 million, although it was slightly below the $747.7 million consensus. Ollie’s second-quarter fiscal 2026 results
• Positive Sentiment: Ollie’s raised its fiscal 2026 EPS outlook to $4.57–$4.65, above the approximately $4.52 analyst consensus. The company also opened 15 stores during the quarter, continues to target 75 openings for the year, and grew its Ollie’s Army loyalty membership by 12.7%, supporting its long-term expansion strategy. Fiscal 2026 outlook and store expansion
• Positive Sentiment: Consumables were a relative bright spot, indicating demand for lower-priced necessities remains resilient even as consumers become more selective. Consumables performance in the second quarter
• Neutral Sentiment: Management forecast fiscal 2026 net sales of approximately $2.928–$2.941 billion, reflecting continued growth but falling short of the roughly $3.0 billion Wall Street expectation. This suggests the profit outlook is stronger than the sales outlook. Ollie’s earnings and sales forecast
• Negative Sentiment: Comparable-store sales declined 1.8%, highlighting cautious consumer spending and potential pressure on discretionary categories. Investors may remain concerned that traffic and sales momentum are not keeping pace with the company’s store expansion. Consumer caution and Ollie’s valuation

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.