Diversify Wealth Management LLC Boosts Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Diversify Wealth Management LLC boosted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 58.7% in the first quarter, HoldingsChannel.com reports. The fund owned 28,564 shares of the company’s stock after purchasing an additional 10,565 shares during the period. Diversify Wealth Management LLC’s holdings in BJ’s Wholesale Club were worth $2,612,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its position in shares of BJ’s Wholesale Club by 57.2% during the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares during the last quarter. Franklin Resources Inc. boosted its holdings in BJ’s Wholesale Club by 12.8% in the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock worth $586,513,000 after buying an additional 737,130 shares during the last quarter. State Street Corp boosted its holdings in BJ’s Wholesale Club by 7.7% in the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after buying an additional 389,327 shares during the last quarter. Wellington Management Group LLP boosted its holdings in BJ’s Wholesale Club by 5.5% in the 4th quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock worth $310,834,000 after buying an additional 179,723 shares during the last quarter. Finally, River Road Asset Management LLC increased its stake in BJ’s Wholesale Club by 9.6% during the 4th quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after buying an additional 297,952 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Joseph Mcgrail sold 2,050 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total transaction of $186,939.50. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through 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 business’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 transaction, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. This 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. Insiders sold a total of 26,550 shares of company stock worth $2,435,904 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $90.19 on Tuesday. The firm has a market cap of $11.52 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 3.28 and a beta of 0.22. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $110.92. The business’s fifty day simple moving average is $89.56 and its 200-day simple moving average is $93.46.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, May 22nd. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the business posted $1.14 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. UBS Group reaffirmed a “buy” rating and set a $109.00 target price on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. JPMorgan Chase & Co. upped their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Citigroup reduced their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $105.27.

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.