Gateway Investment Advisers LLC Boosts Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Gateway Investment Advisers LLC boosted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 237.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 22,137 shares of the company’s stock after buying an additional 15,574 shares during the quarter. Gateway Investment Advisers LLC’s holdings in BJ’s Wholesale Club were worth $1,993,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BJ. Ossiam purchased a new position in BJ’s Wholesale Club during the second quarter worth $100,000. Daiwa Securities Group Inc. boosted its stake in BJ’s Wholesale Club by 81.0% during the second 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 period. AXA S.A. purchased a new position in BJ’s Wholesale Club during the second quarter worth $1,094,000. Sei Investments Co. boosted its stake 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 purchased a new position in BJ’s Wholesale Club during the second quarter worth $105,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at BJ’s Wholesale Club

In related news, SVP Joseph Mcgrail sold 2,050 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at $1,346,785.11. This represents a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. The Goldman Sachs Group decreased their target price on BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Wells Fargo & Company raised their price target on shares of 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. Jefferies Financial Group lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and decreased their price objective for the company from $120.00 to $90.00 in a report on Wednesday, January 28th. JPMorgan Chase & Co. lifted their price objective on shares of BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Finally, Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $107.63.

BJ’s Wholesale Club Trading Down 1.6%

Shares of BJ opened at $92.84 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $120.08. The company has a 50-day moving average of $95.85 and a 200 day moving average of $94.28. The firm has a market capitalization of $11.85 billion, a price-to-earnings ratio of 21.20, a PEG ratio of 3.26 and a beta of 0.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the business posted $0.93 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current year.

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.