Cibc World Market Inc. acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 136,467 shares of the company’s stock, valued at approximately $12,286,000.
Several other hedge funds also recently modified their holdings of BJ. Victory Capital Management Inc. lifted its holdings in BJ’s Wholesale Club by 60.1% during the 3rd quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company’s stock worth $768,716,000 after buying an additional 3,087,151 shares during the period. Norges Bank acquired a new position in BJ’s Wholesale Club during the 4th quarter worth about $151,765,000. Danica Pension Livsforsikringsaktieselskab acquired a new position in BJ’s Wholesale Club during the 3rd quarter worth about $110,523,000. State Street Corp lifted its holdings in BJ’s Wholesale Club by 25.4% during the 3rd quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after buying an additional 1,028,779 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in BJ’s Wholesale Club by 32.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock worth $305,192,000 after buying an additional 809,890 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.
Insider Activity
In other news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the transaction, the senior vice president directly owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on BJ
BJ’s Wholesale Club Stock Performance
BJ stock opened at $89.22 on Friday. The stock has a 50-day moving average price of $93.05 and a 200-day moving average price of $94.08. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.65 and a 1-year high of $115.43. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The firm has a market cap of $11.39 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 3.32 and a beta of 0.23.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the company posted $1.14 EPS. The business’s quarterly revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.
BJ’s Wholesale Club Profile
BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.
Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.
Read More
- Five stocks we like better than BJ’s Wholesale Club
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report).
Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.
