Insider Selling: BJ’s Wholesale Club (NYSE:BJ) EVP Sells $1,520,805.00 in Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BJ’s Wholesale Club Trading Down 0.1%

Shares of NYSE BJ opened at $90.95 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.65 and a 12-month high of $115.43. The company has a market cap of $11.61 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 3.39 and a beta of 0.23. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The stock’s 50 day simple moving average is $92.33 and its 200 day simple moving average is $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 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 business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. The business’s revenue for the quarter 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 research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Glenmede Trust Co. NA grew its holdings in BJ’s Wholesale Club by 2.4% in the 1st quarter. Glenmede Trust Co. NA now owns 21,128 shares of the company’s stock worth $2,079,000 after buying an additional 494 shares in the last quarter. Essential Partners LLC grew its holdings in BJ’s Wholesale Club by 81.3% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after buying an additional 130 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in BJ’s Wholesale Club in the 1st quarter worth approximately $1,974,000. FinArc Investments Inc. bought a new position in BJ’s Wholesale Club in the 1st quarter worth approximately $3,877,000. Finally, Western Wealth Management LLC bought a new position in BJ’s Wholesale Club in the 1st quarter worth approximately $80,000. 98.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on BJ. Bank of America began coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. William Blair restated a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, UBS Group restated a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Nine 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 company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.