South Dakota Investment Council decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 15.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,424 shares of the company’s stock after selling 7,700 shares during the quarter. South Dakota Investment Council’s holdings in BJ’s Wholesale Club were worth $4,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. grew its holdings in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. Franklin Resources Inc. increased its position in BJ’s Wholesale Club by 12.8% in the fourth quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock worth $586,513,000 after purchasing an additional 737,130 shares during the last quarter. State Street Corp raised its stake in BJ’s Wholesale Club by 7.7% during the fourth quarter. State Street Corp now owns 5,471,805 shares of the company’s stock valued at $492,627,000 after purchasing an additional 389,327 shares in the last quarter. Wellington Management Group LLP raised its stake in BJ’s Wholesale Club by 5.5% during the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after purchasing an additional 179,723 shares in the last quarter. Finally, River Road Asset Management LLC lifted its position in BJ’s Wholesale Club by 9.6% during the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock valued at $306,436,000 after purchasing an additional 297,952 shares during the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, EVP Scott Schmadeke sold 16,500 shares of the 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 sale, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company’s stock.
Analyst Ratings Changes
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BJ’s Wholesale Club Stock Down 1.2%
NYSE BJ opened at $98.82 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $110.92. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 3.73 and a beta of 0.22. The company has a fifty day moving average of $89.37 and a two-hundred day moving average of $93.68.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last announced its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.06. The business had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.
BJ’s Wholesale Club Company 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.
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