Strs Ohio lessened its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 6.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,626 shares of the company’s stock after selling 10,005 shares during the quarter. Strs Ohio’s holdings in BJ’s Wholesale Club were worth $13,250,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BOK Financial Private Wealth Inc. purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust grew its holdings in BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares during the period. Sunbelt Securities Inc. acquired a new position in BJ’s Wholesale Club during the third quarter worth $34,000. Finally, Leonteq Securities AG acquired a new position in BJ’s Wholesale Club during the fourth quarter worth $43,000. Institutional investors and hedge funds own 98.60% of the company’s stock.
Analyst Ratings Changes
BJ has been the subject of a number of recent analyst reports. UBS Group reissued a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Bank of America started coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Finally, Citigroup decreased their price objective on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and an average price target of $105.27.
Insider Transactions at BJ’s Wholesale Club
In other news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the transaction, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,550 shares of company stock valued at $2,435,904 in the last 90 days. 1.10% of the stock is currently owned by insiders.
BJ’s Wholesale Club Stock Performance
NYSE BJ opened at $89.20 on Friday. The business has a 50 day moving average price of $90.28 and a 200 day moving average price of $93.73. The company has a market capitalization of $11.39 billion, a P/E ratio of 20.51, a PEG ratio of 3.32 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.BJ’s Wholesale Club’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current fiscal 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.
Read More
- Five stocks we like better than BJ’s Wholesale Club
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil Jalapeño: An Early Step to Massive AI Growth Potential
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.
