Geneos Wealth Management Inc. Has $5.64 Million Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Geneos Wealth Management Inc. lowered its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 10.0% during the first quarter, HoldingsChannel.com reports. The fund owned 57,268 shares of the company’s stock after selling 6,398 shares during the quarter. Geneos Wealth Management Inc.’s holdings in BJ’s Wholesale Club were worth $5,636,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BJ. First Citizens Bank & Trust Co. lifted its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after purchasing an additional 105 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock worth $1,155,000 after purchasing an additional 108 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of BJ’s Wholesale Club by 0.6% during the fourth quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock valued at $1,665,000 after buying an additional 113 shares during the last quarter. GAMMA Investing LLC boosted its stake in BJ’s Wholesale Club by 1.8% during the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock valued at $592,000 after purchasing an additional 119 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of 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 buying an additional 129 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BJ has been the topic of a number of research analyst reports. Citigroup cut their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Bank of America began coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report 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. Finally, UBS Group reiterated a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $105.27.

Insider Transactions at BJ’s Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by insiders.

BJ’s Wholesale Club Price Performance

Shares of BJ’s Wholesale Club stock opened at $93.03 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $110.92. The stock has a market capitalization of $11.88 billion, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 3.36 and a beta of 0.22. The company has a fifty day moving average of $89.40 and a 200-day moving average of $93.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The company had revenue of $5.66 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 9.9% compared to the same quarter last year. 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. Equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 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.