Bessemer Group Inc. Sells 1,997,616 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Bessemer Group Inc. cut its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 51.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,865,362 shares of the company’s stock after selling 1,997,616 shares during the period. Bessemer Group Inc.’s holdings in BJ’s Wholesale Club were worth $167,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC raised its stake in shares of BJ’s Wholesale Club by 1.8% in the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock valued at $592,000 after buying an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of BJ’s Wholesale Club by 2.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock valued at $465,000 after buying an additional 129 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of BJ’s Wholesale Club by 4.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,483 shares of the company’s stock valued at $325,000 after buying an additional 137 shares in the last quarter. Linden Thomas Advisory Services LLC raised its stake in shares of BJ’s Wholesale Club by 1.3% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 11,613 shares of the company’s stock valued at $1,046,000 after buying an additional 144 shares in the last quarter. Finally, HighPoint Advisor Group LLC raised its stake in shares of BJ’s Wholesale Club by 3.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 4,656 shares of the company’s stock valued at $419,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 1.2%

BJ opened at $96.12 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $12.27 billion, a PE ratio of 21.95, a PEG ratio of 3.29 and a beta of 0.27. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $120.08. The firm has a 50-day moving average price of $95.34 and a two-hundred day moving average price of $94.28.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The firm had revenue of $5.58 billion during the quarter, compared to analysts’ expectations of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Wells Fargo & Company increased their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Jefferies Financial Group cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and dropped their price objective for the company from $120.00 to $90.00 in a research note on Wednesday, January 28th. DA Davidson increased their price objective on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and an average target price of $107.63.

Insider Activity

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,050 shares of the firm’s stock in a transaction dated 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 owned 14,769 shares in the company, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% 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. Company insiders own 1.10% of the company’s stock.

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.