BJ’s Wholesale Club Holdings, Inc. $BJ Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 568.6% during the 4th quarter, Holdings Channel reports. The fund owned 325,702 shares of the company’s stock after purchasing an additional 276,990 shares during the quarter. BNP Paribas Financial Markets’ holdings in BJ’s Wholesale Club were worth $29,323,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Victory Capital Management Inc. raised its stake in shares of BJ’s Wholesale Club by 60.1% in the third quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company’s stock valued at $768,716,000 after acquiring an additional 3,087,151 shares in the last quarter. Franklin Resources Inc. increased its holdings in BJ’s Wholesale Club by 1.1% in the third quarter. Franklin Resources Inc. now owns 5,777,512 shares of the company’s stock valued at $538,753,000 after buying an additional 65,159 shares during the last quarter. State Street Corp increased its holdings in BJ’s Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock valued at $473,941,000 after buying an additional 1,028,779 shares during the last quarter. Wellington Management Group LLP increased its holdings in BJ’s Wholesale Club by 32.9% in the third quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock valued at $305,192,000 after buying an additional 809,890 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in BJ’s Wholesale Club by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 3,069,753 shares of the company’s stock valued at $276,417,000 after buying an additional 49,607 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the transaction, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the completion of the transaction, the senior vice president owned 14,769 shares of the company’s stock, valued at $1,346,785.11. This represents a 12.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $88.60 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.65 and a 1 year high of $115.43. The company has a market capitalization of $11.31 billion, a PE ratio of 20.37, a P/E/G ratio of 3.32 and a beta of 0.23. The company has a fifty day moving average of $93.22 and a two-hundred day moving average of $94.11.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

Analysts Set New Price Targets

BJ has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. DA Davidson increased their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Wells Fargo & Company increased their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, UBS Group reissued a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus price target of $105.27.

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.