BJ’s Wholesale Club (NYSE:BJ) EVP Scott Schmadeke Sells 16,500 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

BJ’s Wholesale Club Stock Up 0.0%

BJ’s Wholesale Club stock opened at $90.95 on Friday. The company has a market capitalization of $11.61 billion, a P/E ratio of 20.91, a P/E/G ratio of 3.39 and a beta of 0.23. The firm’s fifty day simple moving average is $92.33 and its 200-day simple moving average is $94.07. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.65 and a 1-year high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The business 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%. BJ’s Wholesale Club’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently modified their holdings of BJ. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Strive Financial Group LLC acquired a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust boosted its holdings in shares of BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after buying an additional 173 shares during the period. Essential Partners LLC boosted its holdings in shares of BJ’s Wholesale Club by 81.3% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after buying an additional 130 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in BJ’s Wholesale Club during the third quarter worth $34,000. 98.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. UBS Group restated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. 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 report on Friday, February 27th. Citigroup decreased their price target on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Finally, Bank of America initiated 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 on the stock. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus target price 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.