Vanguard Group Inc. trimmed its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,735,784 shares of the company’s stock after selling 241,543 shares during the period. Vanguard Group Inc. owned 0.10% of BJ’s Wholesale Club worth $1,146,603,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in BJ. Davis Capital Management purchased a new position in shares of BJ’s Wholesale Club during the third quarter valued at $28,000. Root Financial Partners LLC purchased a new stake in BJ’s Wholesale Club in the 3rd quarter worth about $29,000. Eastern Bank acquired a new stake in BJ’s Wholesale Club during the 3rd quarter worth about $29,000. Sunbelt Securities Inc. acquired a new stake in BJ’s Wholesale Club during the 3rd quarter worth about $34,000. Finally, Blue Trust Inc. grew its stake in BJ’s Wholesale Club by 42.9% during the 4th quarter. Blue Trust Inc. now owns 713 shares of the company’s stock valued at $64,000 after acquiring an additional 214 shares in the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,050 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at $1,346,785.11. The trade was a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares in the company, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.40% of the stock is owned by insiders.
BJ’s Wholesale Club Stock Down 0.6%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The business had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the company earned $0.93 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current fiscal year.
Analyst Ratings Changes
BJ has been the topic of a number of research reports. DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company raised their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. JPMorgan Chase & Co. upped their price objective on shares of BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a research report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of BJ’s Wholesale Club in a research report on Thursday, January 8th. They issued a “hold” rating for the company. Nine 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 company presently has a consensus rating of “Hold” and a consensus price target of $107.63.
View Our Latest Research Report on BJ
BJ’s Wholesale Club 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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