Vaughan Nelson Investment Management L.P. Sells 254,990 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Vaughan Nelson Investment Management L.P. trimmed its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 43.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 328,426 shares of the company’s stock after selling 254,990 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in BJ’s Wholesale Club were worth $29,568,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealthcare Advisory Partners LLC increased its position in BJ’s Wholesale Club by 2.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock valued at $465,000 after acquiring an additional 129 shares during the last quarter. Norden Group LLC lifted its holdings in shares of BJ’s Wholesale Club by 7.1% in the 4th quarter. Norden Group LLC now owns 7,402 shares of the company’s stock worth $666,000 after acquiring an additional 490 shares during the last quarter. Tilia Fiduciary Partners Inc. lifted its holdings in shares of BJ’s Wholesale Club by 3.6% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 27,243 shares of the company’s stock worth $2,453,000 after acquiring an additional 954 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its stake in shares of BJ’s Wholesale Club by 82.3% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,431 shares of the company’s stock worth $399,000 after purchasing an additional 2,001 shares during the period. Finally, Congress Asset Management Co. boosted its stake 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 worth $30,983,000 after purchasing an additional 41,817 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $98.29 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10. The stock has a market capitalization of $12.75 billion, a price-to-earnings ratio of 22.44, a P/E/G ratio of 3.42 and a beta of 0.36. The stock has a fifty day simple moving average of $97.58 and a two-hundred day simple moving average of $94.23. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.54 billion. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BJ. Wells Fargo & Company raised their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. JPMorgan Chase & Co. increased their target price on BJ’s Wholesale Club from $90.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of BJ’s Wholesale Club in a research note on Thursday, January 8th. They set a “hold” rating for the company. Morgan Stanley cut their price target on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $107.63.

BJ’s Wholesale Club 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.