SCHEDULE: FMR LLC Discloses Stake in Ollie's Bargain Outlet
Schedule 13G Filing
FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 11.1% of Ollie's Bargain Outlet Holdings Inc. common stock as of March 31, 2026.
Summary
- FMR LLC and Abigail P. Johnson, through various subsidiaries and affiliates, collectively hold 6,765,175.05 shares of Ollie's Bargain Outlet Holdings Inc. common stock.
- This represents 11.1% of the class of securities outstanding as of March 31, 2026.
- FMR LLC is classified as an Investment Adviser (IA) and a Bank (BK) through its subsidiaries FIAM LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC.
- Abigail P. Johnson is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.
- The filing is an amendment (Amendment No. 5) to a Schedule 13G, indicating a change in reporting status or holdings.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an institutional investor and does not provide new operational or financial information about the company.
Positives
- FMR LLC and its affiliates maintain a significant stake (11.1%) in Ollie's Bargain Outlet Holdings Inc., suggesting confidence in the company's prospects.
- The filing is an amendment, which could indicate active portfolio management and strategic investment decisions.
Negatives
- The filing does not contain specific financial performance data for Ollie's Bargain Outlet Holdings Inc., focusing solely on ownership disclosure.
- The nature of the filing (Schedule 13G) is primarily for passive investors, and does not inherently signal active engagement or a change in control strategy.
Risks
- The filing does not explicitly mention any risks associated with Ollie's Bargain Outlet Holdings Inc. or the reporting persons' holdings.
- Potential risks for investors in Ollie's Bargain Outlet Holdings Inc. could include market volatility, competition, and operational challenges, though these are not detailed in this specific filing.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Ollie's Bargain Outlet Holdings Inc.'s future performance.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that large institutional investors like FMR LLC frequently file Schedule 13G forms to report significant passive holdings in publicly traded companies, reflecting ongoing portfolio adjustments and investment strategies within the retail sector.
Stakeholder Impact
- Shareholders: The disclosure confirms a significant institutional investor's continued interest, which can be viewed positively, but the passive nature of the filing means no immediate strategic shift is indicated.
- Management of Ollie's Bargain Outlet Holdings Inc.: The filing provides information on a major shareholder, which is standard disclosure and does not directly impact management's operational decisions unless future actions by FMR LLC suggest otherwise.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their shares in Ollie's Bargain Outlet Holdings Inc. in the ordinary course of business.
- Future amendments to this Schedule 13G will be filed if there are material changes in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Reporting period end date for ownership). |
| 04/13/2026 | Effective date of Power of Attorney for FMR LLC and Abigail P. Johnson. |
| 04/29/2026 | Date of previous Schedule 13G filing by FMR LLC. |
| 05/05/2026 | Date of joint filing of Schedule 13G and agreement. |
Keywords
Ollie's Bargain Outlet Holdings Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Portfolio Management
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