Aigen Investment Management LP Trims Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Aigen Investment Management LP trimmed its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 55.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,613 shares of the company’s stock after selling 5,738 shares during the period. Aigen Investment Management LP’s holdings in BJ’s Wholesale Club were worth $415,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BJ. Ossiam purchased a new position in BJ’s Wholesale Club in the 2nd quarter valued at about $100,000. Daiwa Securities Group Inc. lifted its holdings in BJ’s Wholesale Club by 81.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock valued at $736,000 after purchasing an additional 3,054 shares in the last quarter. AXA S.A. purchased a new position in BJ’s Wholesale Club in the 2nd quarter valued at about $1,094,000. Sei Investments Co. lifted its holdings in BJ’s Wholesale Club by 31.5% in the 2nd quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock valued at $29,773,000 after purchasing an additional 66,204 shares in the last quarter. Finally, BNP Paribas purchased a new position in BJ’s Wholesale Club in the 2nd quarter valued at about $105,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BJ has been the topic of several recent analyst reports. DA Davidson increased their price objective on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Wells Fargo & Company increased their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. UBS Group reiterated a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Finally, William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus target price of $105.27.

BJ’s Wholesale Club Stock Down 1.0%

Shares of NYSE:BJ opened at $90.16 on Tuesday. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.65 and a 52-week high of $115.43. The company has a 50 day moving average of $92.17 and a two-hundred day moving average of $94.12. The company has a market capitalization of $11.51 billion, a price-to-earnings ratio of 20.73, a price-to-earnings-growth ratio of 3.39 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued 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 last year, the company earned $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 forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Insider Activity

In other news, 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 transaction of $728,160.00. Following the completion of the transaction, the chief executive officer directly owned 306,330 shares in the company, valued at approximately $27,882,156.60. This represents a 2.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the transaction, the senior vice president owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 26,550 shares of company stock worth $2,435,905. 1.10% of the stock is currently owned by 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.