Brandywine Global Investment Management LLC bought a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 43,123 shares of the company’s stock, valued at approximately $3,882,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in BJ’s Wholesale Club by 1.8% during the fourth quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock worth $592,000 after acquiring an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in BJ’s Wholesale Club by 2.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock worth $465,000 after acquiring an additional 129 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in BJ’s Wholesale Club by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company’s stock worth $902,000 after acquiring an additional 130 shares in the last quarter. Linden Thomas Advisory Services LLC raised its holdings in BJ’s Wholesale Club by 1.3% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 11,613 shares of the company’s stock worth $1,046,000 after acquiring an additional 144 shares in the last quarter. Finally, HighPoint Advisor Group LLC raised its holdings in BJ’s Wholesale Club by 3.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 4,656 shares of the company’s stock worth $419,000 after acquiring an additional 150 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently issued reports on BJ. Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Bank of America began coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Citigroup dropped their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club currently has a consensus rating of “Hold” and an average price target of $105.27.
BJ’s Wholesale Club Price Performance
NYSE:BJ opened at $92.61 on Thursday. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average price is $92.55 and its two-hundred day moving average price is $94.10. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 21.29, a P/E/G ratio of 3.34 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.65 and a 12-month high of $115.43.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) 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. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.
Insider Buying and Selling
In other news, SVP Joseph Mcgrail sold 2,050 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 14,769 shares in the company, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares in the company, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.
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.
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