Mirabella Financial Services LLP increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 158.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,167 shares of the company’s stock after acquiring an additional 12,970 shares during the period. Mirabella Financial Services LLP’s holdings in BJ’s Wholesale Club were worth $1,970,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Roxbury Financial LLC bought a new position in BJ’s Wholesale Club during the third quarter worth about $28,000. Davis Capital Management acquired a new stake in BJ’s Wholesale Club during the third quarter valued at approximately $28,000. Eastern Bank bought a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $29,000. Root Financial Partners LLC bought a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $29,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $34,000. Institutional investors own 98.60% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on BJ shares. DA Davidson raised their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Citigroup reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, February 20th. Jefferies Financial Group cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and cut their price objective for the company from $120.00 to $90.00 in a report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their target price on shares of BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. Nine analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and an average price target of $107.63.
BJ’s Wholesale Club Price Performance
Shares of BJ stock opened at $96.81 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $86.68 and a 1 year high of $121.10. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average is $96.79 and its 200-day moving average is $94.24. The firm has a market capitalization of $12.55 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 3.26 and a beta of 0.36.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.96 EPS for the quarter, beating the consensus estimate 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 business had revenue of $5.58 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. BJ’s Wholesale Club’s revenue was up 5.6% compared to the same quarter last year. 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 3.96 EPS for the current fiscal 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.
Further Reading
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