BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) EVP Laura Felice sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $110.53, for a total value of $1,105,300.00. Following the completion of the sale, the executive vice president owned 84,416 shares in the company, valued at approximately $9,330,500.48. This represents a 10.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
BJ’s Wholesale Club Stock Up 0.5%
Shares of BJ’s Wholesale Club stock opened at $111.44 on Friday. 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 Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $113.35. The business’s fifty day moving average price is $97.69 and its two-hundred day moving average price is $94.83. The company has a market capitalization of $14.08 billion, a P/E ratio of 24.38, a PEG ratio of 3.26 and a beta of 0.12.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current year.
Institutional Trading of BJ’s Wholesale Club
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System boosted its stake in shares of BJ’s Wholesale Club by 20.5% during the 3rd quarter. Maryland State Retirement & Pension System now owns 8,169 shares of the company’s stock worth $752,000 after acquiring an additional 1,389 shares in the last quarter. Walter Public Investments Inc. grew its holdings in shares of BJ’s Wholesale Club by 26.3% in the 3rd quarter. Walter Public Investments Inc. now owns 106,527 shares of the company’s stock worth $9,800,000 after acquiring an additional 22,179 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of BJ’s Wholesale Club during the third quarter worth $1,124,000. Machina Capital S.A.S. acquired a new stake in shares of BJ’s Wholesale Club during the third quarter worth $251,000. Finally, AlphaCore Capital LLC raised its position in shares of BJ’s Wholesale Club by 23.1% during the third quarter. AlphaCore Capital LLC now owns 6,226 shares of the company’s stock worth $573,000 after purchasing an additional 1,169 shares during the period. Institutional investors own 98.60% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. TD Cowen started coverage on shares of BJ’s Wholesale Club in a research note on Friday, October 30th. They set a “strong-buy” rating on the stock. Weiss Ratings upgraded shares of BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. William Blair lowered shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. Finally, Citigroup increased their price objective on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.06.
Read Our Latest Research Report on BJ
BJ’s Wholesale Club Company Profile
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.
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