BJ’s Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 4,900 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Free Report) CEO Robert Eddy sold 4,900 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $100.01, for a total value of $490,049.00. Following the sale, the chief executive officer owned 274,330 shares of the company’s stock, valued at approximately $27,435,743.30. The trade was a 1.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $93.07 on Thursday. The firm has a market cap of $11.88 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 3.18 and a beta of 0.21. 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 has a 50-day moving average price of $91.90 and a 200-day moving average price of $93.73. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $105.78.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last announced its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the company earned $1.14 EPS. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

Hedge Funds Weigh In On BJ’s Wholesale Club

Several institutional investors have recently bought and sold shares of the company. Focus Partners Wealth boosted its holdings in BJ’s Wholesale Club by 6.2% in the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock worth $47,256,000 after buying an additional 30,095 shares during the period. Sei Investments Co. grew its stake in BJ’s Wholesale Club by 19.6% during the first quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock valued at $39,033,000 after acquiring an additional 64,942 shares in the last quarter. Entropy Technologies LP purchased a new position in BJ’s Wholesale Club during the first quarter valued at approximately $1,135,000. Reinhart Partners LLC. increased its holdings in BJ’s Wholesale Club by 30.7% during the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after acquiring an additional 12,784 shares during the period. Finally, Landscape Capital Management L.L.C. bought a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $6,780,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club News Summary

Here are the key news stories impacting BJ’s Wholesale Club this week:

Analyst Upgrades and Downgrades

BJ has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Citigroup raised their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of 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. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $106.06.

Get Our Latest Research Report on BJ’s Wholesale Club

BJ’s Wholesale Club Company Profile

(Get 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.

Read More

Insider Buying and Selling by Quarter for BJ's Wholesale Club (NYSE:BJ)

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.