BJ’s Wholesale Club (NYSE:BJ) Stock: Insider William Werner Sells 3,000 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP William Werner sold 3,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $95.00, for a total value of $285,000.00. Following the sale, the executive vice president directly owned 50,160 shares of the company’s stock, valued at approximately $4,765,200. The trade was a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BJ’s Wholesale Club Stock Performance

BJ traded up $0.77 during trading on Friday, hitting $95.13. The stock had a trading volume of 2,439,080 shares, compared to its average volume of 1,976,852. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The company has a 50 day moving average price of $93.81 and a 200-day moving average price of $92.58. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $105.78. The firm has a market cap of $12.02 billion, a price-to-earnings ratio of 20.82, a P/E/G ratio of 2.70 and a beta of 0.17.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The firm had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter last year, the business earned $1.14 EPS. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.7 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on BJ shares. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Citigroup lifted their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Roth Capital reiterated a “neutral” rating and issued a $97.00 price target on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. DA Davidson increased their price target on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, Gordon Haskett upgraded 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 equities research 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’s stock. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and an average price target of $106.06.

Hedge Funds Weigh In On BJ’s Wholesale Club

Hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in shares of BJ’s Wholesale Club by 57.2% during the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after acquiring an additional 4,704,423 shares during the period. BlackRock Inc. acquired a new position in BJ’s Wholesale Club during the second quarter valued at approximately $1,087,503,000. Franklin Resources Inc. raised its position in BJ’s Wholesale Club by 12.8% during the fourth quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock valued at $586,513,000 after purchasing an additional 737,130 shares in the last quarter. River Road Asset Management LLC lifted its stake in BJ’s Wholesale Club by 9.6% during the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after purchasing an additional 297,952 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in BJ’s Wholesale Club by 15.4% during the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock worth $286,281,000 after purchasing an additional 436,827 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.