RPg Family Wealth Advisory LLC Takes $3.92 Million Position in BJ’s Wholesale Club Holdings, Inc. $BJ

RPg Family Wealth Advisory LLC acquired a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 36,349 shares of the company’s stock, valued at approximately $3,920,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. boosted its position in BJ’s Wholesale Club by 2.2% during the second quarter. Franklin Resources Inc. now owns 5,712,353 shares of the company’s stock worth $615,963,000 after purchasing an additional 121,183 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of BJ’s Wholesale Club by 0.8% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,366,509 shares of the company’s stock valued at $498,219,000 after acquiring an additional 35,130 shares during the period. Massachusetts Financial Services Co. MA raised its stake in BJ’s Wholesale Club by 12.7% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,639,011 shares of the company’s stock worth $392,395,000 after purchasing an additional 410,326 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of BJ’s Wholesale Club by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 2,997,697 shares of the company’s stock worth $323,242,000 after purchasing an additional 11,203 shares during the period. Finally, Geode Capital Management LLC increased its stake in BJ’s Wholesale Club by 1.3% in the second quarter. Geode Capital Management LLC now owns 2,352,465 shares of the company’s stock valued at $253,709,000 after acquiring an additional 29,076 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $120.00 price target on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Weiss Ratings lowered shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a report on Friday, August 15th. Finally, DA Davidson reissued a “buy” rating and set a $123.00 target price on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and an average price target of $111.67.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $91.45 on Wednesday. The company has a market capitalization of $11.97 billion, a PE ratio of 21.07, a PEG ratio of 2.44 and a beta of 0.31. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average price is $91.69 and its 200-day moving average price is $101.03. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The company had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.35 billion. During the same period in the previous year, the business posted $1.18 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the transaction, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. The trade was a 5.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Graham Luce sold 6,300 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the transaction, the executive vice president directly owned 11,617 shares of the company’s stock, valued at $1,160,073.62. The trade was a 35.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is currently owned by insiders.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.