Isthmus Partners LLC Makes New Investment in Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Isthmus Partners LLC bought a new stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 48,751 shares of the company’s stock, valued at approximately $4,176,000. Isthmus Partners LLC owned approximately 0.08% of Ollie’s Bargain Outlet as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Ollie’s Bargain Outlet during the second quarter valued at about $430,204,000. Wasatch Advisors LP increased its holdings in shares of Ollie’s Bargain Outlet by 45.9% in the second quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company’s stock worth $335,356,000 after purchasing an additional 1,371,744 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ollie’s Bargain Outlet by 6.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,272,306 shares of the company’s stock worth $117,098,000 after buying an additional 72,781 shares in the last quarter. Stephens Investment Management Group LLC lifted its position in shares of Ollie’s Bargain Outlet by 32.8% in the first quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company’s stock worth $103,661,000 after buying an additional 277,870 shares in the last quarter. Finally, Primecap Management Co. CA purchased a new stake in shares of Ollie’s Bargain Outlet in the second quarter worth about $67,338,000.

Ollie’s Bargain Outlet Stock Up 0.8%

Ollie’s Bargain Outlet stock opened at $92.63 on Friday. The company’s 50-day moving average price is $81.07 and its 200-day moving average price is $79.56. The company has a market cap of $5.50 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 1.52 and a beta of 0.41. Ollie’s Bargain Outlet Holdings, Inc. has a twelve month low of $60.29 and a twelve month high of $130.40.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.30. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The firm had revenue of $741.31 million during the quarter, compared to the consensus estimate of $747.71 million. During the same quarter last year, the firm earned $0.99 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on OLLI shares. Wells Fargo & Company set a $98.00 price target on Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Truist Financial upped their price objective on Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. The Goldman Sachs Group decreased their price objective on Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. Gordon Haskett upgraded Ollie’s Bargain Outlet from an “accumulate” rating to a “buy” rating and set a $105.00 target price for the company in a research report on Tuesday, October 13th. Finally, Weiss Ratings raised shares of Ollie’s Bargain Outlet from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $103.50.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc operates Ollie’s Bargain Outlet, a U.S. retailer specializing in closeout, excess, and salvage merchandise. Its stores offer a constantly changing assortment of brand-name and private-label products at discounted prices, with inventory varying according to available purchasing opportunities.

The company’s product categories generally include housewares, food, health and beauty products, toys, books, electronics, clothing, hardware, seasonal merchandise, and home furnishings.