BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) CEO Robert Eddy sold 172,184 shares of the stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $102.19, for a total transaction of $17,595,482.96. Following the sale, the chief executive officer directly owned 266,330 shares of the company’s stock, valued at $27,216,262.70. The trade was a 39.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
BJ’s Wholesale Club Trading Down 0.3%
BJ’s Wholesale Club stock traded down $0.30 during trading hours on Thursday, reaching $103.09. The stock had a trading volume of 2,819,693 shares, compared to its average volume of 2,031,376. The company has a fifty day simple moving average of $94.10 and a 200-day simple moving average of $92.64. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $106.04. The stock has a market cap of $13.02 billion, a PE ratio of 22.56, a PEG ratio of 3.04 and a beta of 0.17. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last issued its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current fiscal year.
Institutional Investors Weigh In On BJ’s Wholesale Club
Several institutional investors and hedge funds have recently modified their holdings of BJ. BlackRock Inc. purchased a new position in shares of BJ’s Wholesale Club during the second quarter valued at about $1,087,503,000. Bank of New York Mellon Corp bought a new position in BJ’s Wholesale Club in the second quarter worth about $179,649,000. Bank of America Corp DE bought a new position in BJ’s Wholesale Club in the second quarter worth about $108,684,000. Primecap Management Co. CA purchased a new stake in BJ’s Wholesale Club in the second quarter worth about $70,452,000. Finally, TimesSquare Capital Management LLC purchased a new stake in BJ’s Wholesale Club in the second quarter worth about $60,127,000. 98.60% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have commented on BJ. Citigroup upped their price target on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. UBS Group lifted their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Wall Street Zen raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $106.06.
Get Our Latest Stock Report on BJ’s Wholesale Club
BJ’s Wholesale Club Company Profile
BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.
The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.
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