Bank of New York Mellon Corp Reduces Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Bank of New York Mellon Corp lowered its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,931,474 shares of the company’s stock after selling 66,223 shares during the period. Bank of New York Mellon Corp’s holdings in BJ’s Wholesale Club were worth $273,360,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Louisiana State Employees Retirement System raised its holdings 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 worth $4,000,000 after acquiring an additional 100 shares during the last quarter. State of Michigan Retirement System increased its position in BJ’s Wholesale Club by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock worth $3,420,000 after purchasing an additional 100 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in BJ’s Wholesale Club by 3.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company’s stock valued at $361,000 after purchasing an additional 101 shares during the last quarter. Moody Lynn & Lieberson LLC lifted its holdings in BJ’s Wholesale Club by 1.9% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company’s stock valued at $600,000 after purchasing an additional 120 shares in the last quarter. Finally, Cox Capital Mgt LLC lifted its holdings in BJ’s Wholesale Club by 0.8% in the 3rd quarter. Cox Capital Mgt LLC now owns 15,452 shares of the company’s stock valued at $1,441,000 after purchasing an additional 122 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Key Stories Impacting BJ’s Wholesale Club

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: BJ’s is rolling out small-format “BJ’s Market” locations — the company is preparing a second small-format site and opening a half-sized Market in Delray Beach, signaling a strategic push into denser or test markets that could expand membership and grocery penetration over time. BJ’s prepares to open 2nd small-format location
• Positive Sentiment: Local openings continue: a half-sized BJ’s Market is opening in Delray Beach and multiple new club openings (Springfield, Northgate) are underway — these incremental store adds should support revenue and membership growth over the next several quarters. Half-sized BJ’s Market opening in Delray Beach
• Positive Sentiment: BJ’s opened a new club at a large I‑95 mega-development in North Carolina, which provides a high-traffic location and aligns with continued brick-and-mortar expansion that can boost market share in attractive geographies. BJ’s Wholesale Club opens at mega development along I-95 in NC. Target comes next
• Neutral Sentiment: Analysts and research outlets still point to solid long-term growth potential for BJ’s based on store expansion, membership model and past earnings beats, but these views are longer-horizon and less likely to offset near-term trading volatility. Why BJ’s Wholesale Club (BJ) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Jefferies downgraded BJ’s and pulled its prior bull rating, a catalyst for today’s decline as investors reacted to the change in sell‑side sentiment; that downgrade appears to be the primary driver of increased volume and near-term pressure on the share price. Jefferies downgrades BJ’s Wholesale Club Holdings (BJ)

BJ’s Wholesale Club Stock Down 1.6%

Shares of BJ opened at $90.11 on Friday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $121.10. The company’s fifty day moving average is $92.33 and its two-hundred day moving average is $95.76. The firm has a market cap of $11.79 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.54 and a beta of 0.33. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.

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

Insider Transactions at BJ’s Wholesale Club

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on BJ shares. Evercore ISI boosted their price objective on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. Robert W. Baird lowered their target price on shares of BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. Wells Fargo & Company reduced their price target on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 12th. Melius Research cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a report on Friday, January 23rd. Finally, Jefferies Financial Group lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating and dropped their target price for the company from $120.00 to $90.00 in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $107.50.

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.