PEAK6 LLC purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,208 shares of the company’s stock, valued at approximately $629,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. First Citizens Bank & Trust Co. increased its stake in BJ’s Wholesale Club by 0.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after purchasing an additional 105 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of BJ’s Wholesale Club by 0.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock worth $1,155,000 after buying an additional 108 shares during the period. Corient Private Wealth LLC grew its holdings in shares of BJ’s Wholesale Club by 0.6% during the fourth quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock worth $1,665,000 after buying an additional 113 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of BJ’s Wholesale Club by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company’s stock worth $902,000 after buying an additional 130 shares during the last quarter. Finally, Essential Partners LLC increased its position in BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after acquiring an additional 130 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on BJ. Bank of America initiated coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Citigroup cut their price target 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. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. Finally, JPMorgan Chase & Co. lifted 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 report on Tuesday, May 26th. Ten equities 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 stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $105.33.
Insiders Place Their Bets
In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total value of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction on Wednesday, June 10th. The stock was 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 of the company’s stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company’s stock.
Trending Headlines about BJ’s Wholesale Club
Here are the key news stories impacting BJ’s Wholesale Club this week:
- Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
- Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
- Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
- Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
- Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement
BJ’s Wholesale Club Price Performance
Shares of BJ opened at $96.61 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average is $91.50 and its two-hundred day moving average is $93.78. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The firm has a market capitalization of $12.34 billion, a PE ratio of 21.14, a P/E/G ratio of 3.30 and a beta of 0.21.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last issued its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The company’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.68 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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