Diversify Wealth Management LLC Increases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Diversify Wealth Management LLC raised its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 58.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,564 shares of the company’s stock after purchasing an additional 10,565 shares during the period. Diversify Wealth Management LLC’s holdings in BJ’s Wholesale Club were worth $2,612,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Mirabella Financial Services LLP boosted its position in shares of BJ’s Wholesale Club by 158.2% in the third quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock worth $1,970,000 after purchasing an additional 12,970 shares during the period. Congress Asset Management Co. raised its position in shares of 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 valued at $30,983,000 after purchasing an additional 41,817 shares during the period. Prana Capital Management LP raised its position in shares of BJ’s Wholesale Club by 69.3% during the 3rd quarter. Prana Capital Management LP now owns 307,960 shares of the company’s stock valued at $28,717,000 after purchasing an additional 126,057 shares during the period. Reinhart Partners LLC. lifted its stake in shares of BJ’s Wholesale Club by 30.7% during the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock valued at $4,902,000 after buying an additional 12,784 shares in the last quarter. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at $6,780,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction that occurred 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 sale, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 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 sale, the senior vice president owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. This represents a 12.19% decrease in their position. 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 a total of 26,550 shares of company stock worth $2,435,904 over the last 90 days. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $90.19 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92. The firm has a market capitalization of $11.52 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 3.28 and a beta of 0.22. The company’s 50-day moving average is $89.56 and its 200 day moving average is $93.46.

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

Analysts Set New Price Targets

Several research firms have weighed in on BJ. UBS Group restated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. Bank of America began coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price for the company. Citigroup cut their target price 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. Finally, JPMorgan Chase & Co. boosted their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Nine equities research 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 MarketBeat, BJ’s Wholesale Club has a consensus rating of “Hold” and a consensus price target 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.