Voya Investment Management LLC Has $1.48 Million Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Voya Investment Management LLC trimmed its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 51.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,830 shares of the company’s stock after selling 16,588 shares during the quarter. Voya Investment Management LLC’s holdings in BJ’s Wholesale Club were worth $1,476,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Fulton Bank N.A. grew its position in shares of BJ’s Wholesale Club by 1.9% during the 2nd quarter. Fulton Bank N.A. now owns 5,174 shares of the company’s stock worth $558,000 after purchasing an additional 98 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of BJ’s Wholesale Club by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock valued at $4,000,000 after buying an additional 100 shares during the period. State of Michigan Retirement System grew its position in BJ’s Wholesale Club by 0.3% during the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock worth $3,420,000 after buying an additional 100 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in BJ’s Wholesale Club by 3.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company’s stock worth $361,000 after acquiring an additional 101 shares during the period. Finally, CreativeOne Wealth LLC increased its stake in BJ’s Wholesale Club by 2.9% during the 1st quarter. CreativeOne Wealth LLC now owns 3,636 shares of the company’s stock worth $415,000 after acquiring an additional 102 shares during the period. Institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BJ. BTIG Research reissued a “buy” rating and set a $120.00 target price on shares of BJ’s Wholesale Club in a report on Friday, November 21st. JPMorgan Chase & Co. cut their price objective on shares of BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Wells Fargo & Company decreased their target price on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th. DA Davidson restated a “buy” rating and issued a $123.00 target price on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Finally, Evercore ISI upped their price target on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $111.43.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $91.45 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. The stock’s 50-day simple moving average is $91.86 and its 200 day simple moving average is $98.31. The firm has a market capitalization of $11.97 billion, a PE ratio of 21.07, a price-to-earnings-growth ratio of 2.58 and a beta of 0.31.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The firm had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same quarter in the prior year, the business earned $1.18 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 17,898 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the transaction, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP William C. Werner sold 7,000 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $91.09, for a total value of $637,630.00. Following the sale, the executive vice president owned 50,498 shares in the company, valued at $4,599,862.82. This represents a 12.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is owned by corporate insiders.

BJ’s Wholesale Club 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.