SG Americas Securities LLC Has $6.34 Million Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

SG Americas Securities LLC increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 256.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,945 shares of the company’s stock after buying an additional 48,903 shares during the period. SG Americas Securities LLC owned 0.05% of BJ’s Wholesale Club worth $6,336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Oliver Lagore Vanvalin Investment Group acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth $26,000. REAP Financial Group LLC boosted its position in shares of BJ’s Wholesale Club by 152.5% in the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after purchasing an additional 151 shares during the last quarter. Roxbury Financial LLC bought a new stake in BJ’s Wholesale Club in the third quarter valued at about $28,000. Davis Capital Management bought a new stake in BJ’s Wholesale Club in the third quarter valued at about $28,000. Finally, Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club in the second quarter valued at about $35,000. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $90.10 on Friday. The firm has a market cap of $11.79 billion, a P/E ratio of 20.76, a PEG ratio of 2.47 and a beta of 0.33. 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 debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.79. The firm’s 50 day moving average price is $91.63 and its two-hundred day moving average price is $97.13.

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

Insider Buying and Selling at BJ’s Wholesale Club

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BJ shares. Wells Fargo & Company decreased their target price on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Monday, December 29th. Morgan Stanley cut their target price on shares of BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating on the stock in a report on Monday, November 24th. JPMorgan Chase & Co. reduced their price target on shares of BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Finally, Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $109.64.

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.