Alliancebernstein L.P. Sells 218,209 Shares of Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Alliancebernstein L.P. lowered its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 16.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,107,408 shares of the company’s stock after selling 218,209 shares during the period. Alliancebernstein L.P. owned 1.81% of Ollie’s Bargain Outlet worth $142,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its holdings in shares of Ollie’s Bargain Outlet by 28.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock valued at $328,000 after purchasing an additional 615 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Ollie’s Bargain Outlet by 993.4% in the first quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock worth $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% in 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 in the last quarter. Empowered Funds LLC acquired a new position in Ollie’s Bargain Outlet during the first quarter worth $359,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Ollie’s Bargain Outlet by 12.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock worth $21,342,000 after buying an additional 19,837 shares during the last quarter.

Insider Buying and Selling

In related news, Chairman John W. Swygert sold 1,126 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $112.06, for a total value of $126,179.56. Following the sale, the chairman owned 48,200 shares of the company’s stock, valued at $5,401,292. The trade was a 2.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.87% of the stock is currently owned by corporate insiders.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ:OLLI opened at $106.64 on Tuesday. The stock’s 50-day moving average is $110.85 and its 200-day moving average is $118.82. The company has a market cap of $6.54 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.67 and a beta of 0.53. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $98.19 and a 52-week high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.19 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current year.

More Ollie’s Bargain Outlet News

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

• Positive Sentiment: Wells Fargo upgraded OLLI, signaling improving analyst conviction after the company’s Q4 results and growth outlook. The upgrade supports the view that store expansion and comp strength should drive upside over time. Wells Fargo Upgrade
• Positive Sentiment: Bank of America reaffirmed its Buy stance on OLLI, reinforcing bullish expectations around share gains from store growth, customer conversion (including upside from Big Lots’ bankruptcy fallout), and institutional accumulation. Bank of America Buy
• Positive Sentiment: Piper Sandler reiterated an Overweight rating on OLLI, adding to the cluster of positive analyst views that point to multi-year upside from aggressive store openings and improving margins once opening expenses normalize. Piper Sandler Overweight
• Positive Sentiment: MarketBeat/MSN pieces argue the downtrend is over and that Ollie’s is positioned for a rebound to record highs, citing solid Q4 comps, 15%+ store growth, rising loyalty metrics and institutional buying—this narrative can support further buying if upcoming quarters beat guidance. MarketBeat Article
• Neutral Sentiment: KeyCorp published a Q1 earnings estimate for OLLI (near-term forecast detail) — useful for modeling near-term cadence but not a dramatic standalone catalyst. Investors should watch upcoming quarterly cadence vs. guidance. KeyCorp Q1 Estimate
• Neutral Sentiment: A short interest update was released for OLLI; elevated awareness of short positioning can amplify moves but the update didn’t present a discrete new catalyst. Monitor changes in short interest as potential volatility fuel. Short Interest Update
• Negative Sentiment: Morgan Stanley cut its price target on OLLI to $120, reflecting more conservative near‑term expectations and adding downward pressure on the stock despite other bullish calls; that downgrade is likely the most direct driver of short‑term selling. Morgan Stanley PT Cut

Analyst Upgrades and Downgrades

A number of analysts have weighed in on OLLI shares. Truist Financial set a $135.00 price target on Ollie’s Bargain Outlet in a research report on Friday. Craig Hallum reissued a “buy” rating and set a $157.00 price objective on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Sanford C. Bernstein reissued an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Piper Sandler restated an “overweight” rating and issued a $128.00 target price (down from $140.00) on shares of Ollie’s Bargain Outlet in a report on Friday. Finally, Royal Bank Of Canada upped their target price on Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.50.

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.