BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by Strs Ohio

Strs Ohio cut its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 134,626 shares of the company’s stock after selling 10,005 shares during the period. Strs Ohio owned about 0.10% of BJ’s Wholesale Club worth $13,250,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Ossiam acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth about $100,000. Daiwa Securities Group Inc. grew its stake in BJ’s Wholesale Club by 81.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock worth $736,000 after buying an additional 3,054 shares during the last quarter. AXA S.A. purchased a new position in BJ’s Wholesale Club during the 2nd quarter worth approximately $1,094,000. Sei Investments Co. increased its position in BJ’s Wholesale Club by 31.5% during the second quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock worth $29,773,000 after buying an additional 66,204 shares during the period. Finally, BNP Paribas acquired a new position in BJ’s Wholesale Club during the second quarter worth approximately $105,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price objective 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. Bank of America initiated coverage on shares of 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. UBS Group reiterated a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, Citigroup decreased their price target on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $105.27.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock opened at $89.20 on Friday. The stock’s 50-day moving average price is $90.28 and its 200 day moving average price is $93.73. 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 has a market capitalization of $11.39 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 3.32 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $110.92.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping 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 company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same period last year, the firm earned $1.14 EPS. The firm’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, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insider Transactions at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, April 15th. The shares were 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 owned 306,330 shares in the company, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 26,550 shares of company stock worth $2,435,904 over the last 90 days. 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.