BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the transaction, the senior vice president owned 13,269 shares of the company’s stock, valued at $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
BJ’s Wholesale Club Stock Down 1.4%
BJ’s Wholesale Club stock traded down $1.30 during midday trading on Wednesday, hitting $93.07. The stock had a trading volume of 2,248,697 shares, compared to its average volume of 2,010,753. The business has a fifty day moving average price of $91.77 and a 200 day moving average price of $93.77. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $105.78. The stock has a market cap of $11.88 billion, a P/E ratio of 20.37, a P/E/G ratio of 3.34 and a beta of 0.21. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ’s Wholesale Club’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.73 EPS for the current year.
More BJ’s Wholesale Club News
- Positive Sentiment: Citi maintained its Buy rating on BJ’s, supporting the bullish analyst view of the stock. Citi Sticks to Their Buy Rating for BJ’s Wholesale Club Holdings
- Positive Sentiment: UBS raised its price target for BJ’s to $115, implying additional upside and reflecting continued confidence in the company’s earnings potential. UBS Group Increases BJ’s Wholesale Club Price Target
- Positive Sentiment: A planned BJ’s store opening in Ocala, Florida, highlights ongoing membership and physical-store expansion. Ocala Store Opening
- Neutral Sentiment: Roth Capital reiterated a Neutral rating, indicating a more cautious view despite the higher UBS target. Roth Capital Reiterates Neutral Rating
- Neutral Sentiment: Recent grocery-stock coverage and a Zacks article identifying BJ’s as a top-ranked growth stock may improve visibility, but do not represent new company-specific financial disclosures. BJ’s as a Top-Ranked Growth Stock
- Negative Sentiment: CEO Robert W. Eddy sold 4,900 shares for approximately $490,000, reducing his position by 1.75%; the sale was made under a 10b5-1 plan. CEO SEC Form 4 Filing
- Negative Sentiment: SVP Joseph McGrail sold 1,500 shares for approximately $145,000, cutting his holdings by 10.16%, which may add to short-term insider-selling concerns. SVP SEC Form 4 Filing
- Negative Sentiment: A report that BJ’s is adjusting member purchase limits as demand shifts could raise questions about demand trends, though the article does not quantify an impact on sales or profits. BJ’s Wholesale Purchase Limits
Analyst Upgrades and Downgrades
Several research firms have weighed in on BJ. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th. Bank of America started coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. William Blair downgraded shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. increased their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Finally, Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $106.06.
Get Our Latest Stock Report on BJ’s Wholesale Club
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at $25,000. Strive Financial Group LLC acquired a new stake in shares of BJ’s Wholesale Club in the 4th quarter worth about $25,000. Parkside Financial Bank & Trust lifted its position in BJ’s Wholesale Club by 147.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the last quarter. Quantbot Technologies LP bought a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $28,000. Finally, Essential Partners LLC boosted its stake in BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after purchasing an additional 130 shares during the period. 98.60% of the stock is currently owned by institutional investors.
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.
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