Dynamic Technology Lab Private Ltd increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 72.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,170 shares of the company’s stock after buying an additional 10,601 shares during the quarter. BJ’s Wholesale Club accounts for approximately 0.5% of Dynamic Technology Lab Private Ltd’s holdings, making the stock its 14th largest holding. Dynamic Technology Lab Private Ltd’s holdings in BJ’s Wholesale Club were worth $2,266,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in BJ. Victory Capital Management Inc. raised its stake in BJ’s Wholesale Club by 60.1% during the 3rd quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company’s stock worth $768,716,000 after buying an additional 3,087,151 shares during the period. Norges Bank acquired a new stake in BJ’s Wholesale Club during the 4th quarter worth $151,765,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in BJ’s Wholesale Club during the 3rd quarter worth $110,523,000. State Street Corp raised its stake in BJ’s Wholesale Club by 25.4% during the 3rd quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after buying an additional 1,028,779 shares during the period. Finally, Wellington Management Group LLP raised its stake in BJ’s Wholesale Club by 32.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock worth $305,192,000 after buying an additional 809,890 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.
Insider Buying and Selling
In related news, EVP Scott Schmadeke sold 16,500 shares of the company’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 sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the sale, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. The trade was a 2.55% decrease in their position. 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. Over the last quarter, insiders have sold 26,550 shares of company stock worth $2,435,905. Corporate insiders own 1.10% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on BJ
BJ’s Wholesale Club Stock Up 0.0%
NYSE:BJ opened at $90.95 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The company has a market cap of $11.61 billion, a PE ratio of 20.91, a PEG ratio of 3.39 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.65 and a 52-week high of $115.43. The stock has a 50-day simple moving average of $92.33 and a 200 day simple moving average of $94.07.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The business had revenue of $5.66 billion during 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% on a year-over-year basis. During the same period last year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current fiscal year.
About BJ’s Wholesale Club
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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