UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 9.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,619 shares of the company’s stock after selling 13,733 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ollie’s Bargain Outlet were worth $10,273,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of OLLI. Integrated Wealth Concepts LLC grew its stake in shares of Ollie’s Bargain Outlet by 28.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock worth $328,000 after acquiring an additional 615 shares in the last quarter. Jones Financial Companies Lllp lifted its position 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 valued at $251,000 after purchasing an additional 1,957 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Ollie’s Bargain Outlet by 42.7% during the first quarter. Goldman Sachs Group Inc. now owns 446,277 shares of the company’s stock worth $51,929,000 after purchasing an additional 133,537 shares during the last quarter. Empowered Funds LLC purchased a new position in Ollie’s Bargain Outlet during the first quarter worth about $359,000. Finally, First Trust Advisors LP grew its position in Ollie’s Bargain Outlet by 44.7% in the 2nd quarter. First Trust Advisors LP now owns 129,614 shares of the company’s stock worth $17,081,000 after purchasing an additional 40,061 shares in the last quarter.

Ollie’s Bargain Outlet Stock Performance

NASDAQ OLLI opened at $76.57 on Monday. 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 simple moving average of $72.37 and a 200 day simple moving average of $83.93. The company has a market capitalization of $4.55 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 1.27 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.12 by $0.30. The business had revenue of $741.31 million for the quarter, compared to analyst estimates of $747.71 million. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.99 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 EPS for the current fiscal year.

Key Headlines Impacting Ollie’s Bargain Outlet

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

• Positive Sentiment: Ollie’s reported second-quarter adjusted EPS of $1.42, exceeding the $1.12 analyst consensus and rising from $0.99 a year earlier. Revenue increased 9.1% year over year to $741.3 million, while tariff refunds helped lift profitability. OLLI Q2 Earnings Beat Estimates on Tariff Refunds, Sales Miss
• Positive Sentiment: The company raised its fiscal 2026 adjusted EPS outlook to $4.57–$4.65, above the prior outlook and broadly ahead of analyst expectations. Ollie’s Raises Earnings Outlook on Tariff Refunds Despite Sluggish Sales
• Positive Sentiment: Analysts remain broadly constructive. Citi, Goldman Sachs, Piper Sandler, Wells Fargo and RBC maintained positive ratings, with targets generally implying meaningful upside; RBC raised its target to $124 and Jefferies maintained a Buy rating.
• Positive Sentiment: Management plans to invest $15 million in lower prices, which could strengthen Ollie’s value proposition, support traffic and improve competitiveness in the discount retail market. Ollie’s Bargain Outlets will plow $15M into lower prices
• Neutral Sentiment: Several firms lowered their price targets following the earnings report—Goldman Sachs to $100, Citi and Morgan Stanley to $98, Piper Sandler to $100, and Wells Fargo to $90—while retaining Buy, Overweight or Equal Weight ratings. The revisions suggest improved valuation discipline despite continued confidence in the business.
• Negative Sentiment: Revenue fell short of expectations, and sluggish comparable-store sales prompted a more cautious sales outlook. The planned price reductions may also pressure near-term margins if increased customer traffic does not offset lower prices.

Analysts Set New Price Targets

Several research firms have commented on OLLI. Citigroup decreased their price objective on shares of Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Friday. Wells Fargo & Company set a $98.00 target price on Ollie’s Bargain Outlet in a report on Thursday. Gordon Haskett reaffirmed an “accumulate” rating and set a $90.00 price target (down from $100.00) on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. Loop Capital reiterated a “buy” rating and set a $135.00 price target on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th. Finally, Weiss Ratings cut Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $102.43.

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.