Fielder Capital Group LLC Has $216,000 Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Fielder Capital Group LLC cut its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 17.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,004 shares of the company’s stock after selling 413 shares during the quarter. Fielder Capital Group LLC’s holdings in BJ’s Wholesale Club were worth $216,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in BJ’s Wholesale Club by 92.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company’s stock worth $2,448,000 after purchasing an additional 10,326 shares during the period. Friedenthal Financial acquired a new stake in shares of BJ’s Wholesale Club in the 2nd quarter valued at approximately $834,000. Colonial River Investments LLC bought a new stake in shares of BJ’s Wholesale Club in the 1st quarter valued at $308,000. Diversify Wealth Management LLC raised its holdings in BJ’s Wholesale Club by 30.9% during the 1st quarter. Diversify Wealth Management LLC now owns 12,776 shares of the company’s stock worth $1,488,000 after buying an additional 3,015 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in shares of BJ’s Wholesale Club by 8.3% during the first quarter. Sequoia Financial Advisors LLC now owns 3,245 shares of the company’s stock worth $370,000 after buying an additional 250 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on BJ shares. UBS Group lowered their price target on shares of BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating on the stock in a research note on Monday, August 25th. Evercore ISI reduced their target price on shares of BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating for the company in a report on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of BJ’s Wholesale Club in a research report on Friday. JPMorgan Chase & Co. decreased their target price on shares of BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, August 25th. Finally, BTIG Research initiated coverage on shares of BJ’s Wholesale Club in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price target for the company. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.65.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $91.66 on Friday. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 2.45 and a beta of 0.36. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.92 and a 1 year high of $121.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. The business has a 50-day moving average of $95.81 and a 200-day moving average of $105.80.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.04. The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. BJ’s Wholesale Club’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.09 earnings per share. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the sale, the executive vice president directly owned 11,617 shares of the company’s stock, valued at $1,160,073.62. The trade was a 35.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul Cichocki sold 58,436 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the sale, the executive vice president directly owned 114,127 shares of the company’s stock, valued at $12,563,100.16. This trade represents a 33.86% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.