BJ’s Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 8,000 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $95.22, for a total value of $761,760.00. Following the sale, the chief executive officer owned 266,330 shares of the company’s stock, valued at $25,359,942.60. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Up 0.3%

NYSE:BJ traded up $0.28 on Thursday, hitting $93.26. 1,037,507 shares of the company’s stock traded hands, compared to its average volume of 1,965,247. The company has a market cap of $11.78 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 2.79 and a beta of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $105.78. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $93.35 and a 200-day moving average price of $92.95.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm’s revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Institutional Trading of BJ’s Wholesale Club

Institutional investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. increased its stake 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. BlackRock Inc. bought a new stake in BJ’s Wholesale Club in the second quarter worth $1,087,503,000. Franklin Resources Inc. increased its position in BJ’s Wholesale Club by 12.8% during the fourth 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. River Road Asset Management LLC increased its position in BJ’s Wholesale Club by 9.6% during the fourth 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 during the last quarter. Finally, Wellington Management Group LLP raised its holdings in BJ’s Wholesale Club by 15.4% during the second 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. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research reports. Citigroup lifted their target price on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Weiss Ratings raised BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Roth Capital restated a “neutral” rating and issued a $97.00 target price on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Finally, William Blair downgraded BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $106.06.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ’s also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.