Cibc World Market Inc. Makes New Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Cibc World Market Inc. acquired a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 136,467 shares of the company’s stock, valued at approximately $12,286,000. Cibc World Market Inc. owned 0.10% of BJ’s Wholesale Club at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mirabella Financial Services LLP increased its stake in BJ’s Wholesale Club by 158.2% during the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock worth $1,970,000 after acquiring an additional 12,970 shares during the period. Fieldview Capital Management LLC bought a new position in BJ’s Wholesale Club during the 3rd quarter worth $3,671,000. Amica Mutual Insurance Co. increased its stake in BJ’s Wholesale Club by 18.9% during the 3rd quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock worth $11,054,000 after acquiring an additional 18,876 shares during the period. Congress Asset Management Co. increased its stake in BJ’s Wholesale Club by 13.8% during the 4th quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock worth $30,983,000 after acquiring an additional 41,817 shares during the period. Finally, Martin & Co. Inc. TN bought a new position in BJ’s Wholesale Club during the 3rd quarter worth $3,644,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.9%

Shares of BJ stock opened at $89.22 on Friday. The stock’s fifty day moving average price is $93.05 and its two-hundred day moving average price is $94.08. The company has a market cap of $11.39 billion, a PE ratio of 20.51, a P/E/G ratio of 3.32 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.65 and a fifty-two week high of $115.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73.

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

Insider Buying and Selling at BJ’s Wholesale Club

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. JPMorgan Chase & Co. raised 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 raised 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. Bank of America assumed coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price on the stock. Finally, UBS Group reaffirmed 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 equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $105.27.

About BJ’s Wholesale Club

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.