Islay Capital Management LLC Makes New $723,000 Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Islay Capital Management LLC purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,857 shares of the company’s stock, valued at approximately $723,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of BJ. BlackRock Inc. acquired a new stake in BJ’s Wholesale Club during the second quarter worth about $1,087,503,000. Wellington Management Group LLP raised its position in shares of BJ’s Wholesale Club by 15.4% in the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after buying an additional 436,827 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at approximately $179,649,000. Bank of America Corp DE bought a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $108,684,000. Finally, Amundi lifted its holdings in shares of BJ’s Wholesale Club by 31.7% during the 2nd quarter. Amundi now owns 1,122,060 shares of the company’s stock worth $97,866,000 after acquiring an additional 270,253 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP Laura Felice sold 8,452 shares of BJ’s Wholesale Club stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $104.95, for a total transaction of $887,037.40. Following the transaction, the executive vice president owned 84,416 shares in the company, valued at approximately $8,859,459.20. The trade was a 9.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 172,184 shares of the business’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $102.19, for a total transaction of $17,595,482.96. Following the completion of the sale, the chief executive officer directly owned 266,330 shares in the company, valued at approximately $27,216,262.70. This represents a 39.27% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 291,452 shares of company stock valued at $29,541,597. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

BJ has been the topic of a number of recent analyst reports. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. UBS Group upped their target price on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Citigroup raised their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 24th. Finally, DA Davidson set a $108.00 price target on BJ’s Wholesale Club in a research note on Thursday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.06.

BJ’s Wholesale Club Price Performance

Shares of BJ stock traded down $0.46 on Tuesday, reaching $102.15. The company had a trading volume of 743,979 shares, compared to its average volume of 1,980,560. The business’s 50-day moving average is $94.36 and its 200 day moving average is $92.70. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $106.04. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $12.90 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 3.02 and a beta of 0.17.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The firm’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current fiscal year.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.