BJ’s Wholesale Club Holdings, Inc. $BJ Shares Purchased by Gibbs Wealth Management

Gibbs Wealth Management boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 187.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 8,294 shares of the company’s stock after purchasing an additional 5,410 shares during the period. Gibbs Wealth Management’s holdings in BJ’s Wholesale Club were worth $816,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Victory Capital Management Inc. increased its holdings in BJ’s Wholesale Club by 57.2% in the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after buying an additional 4,704,423 shares during the period. Franklin Resources Inc. lifted its stake in BJ’s Wholesale Club by 12.8% during the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock valued at $586,513,000 after acquiring an additional 737,130 shares during the period. State Street Corp boosted its holdings in shares of BJ’s Wholesale Club by 7.7% in the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock valued at $492,627,000 after acquiring an additional 389,327 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of BJ’s Wholesale Club by 5.5% in the 4th quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after acquiring an additional 179,723 shares during the last quarter. Finally, River Road Asset Management LLC increased its stake in shares of BJ’s Wholesale Club by 9.6% in the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after acquiring an additional 297,952 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Price Performance

NYSE:BJ opened at $92.85 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The firm has a market cap of $11.86 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 3.40 and a beta of 0.22. The company has a 50 day moving average price of $89.25 and a 200-day moving average price of $93.46. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last posted its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the business posted $1.14 EPS. The business’s revenue was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BJ shares. UBS Group reissued a “buy” rating and set a $109.00 target price on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. JPMorgan Chase & Co. increased their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Finally, Bank of America assumed coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price on the stock. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Hold” and an average price target of $105.27.

Check Out Our Latest Stock Report on BJ

About BJ’s Wholesale Club

(Free Report)

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.

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Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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