BJ’s Wholesale Club Holdings, Inc. $BJ Position Lowered by Rathbones Group PLC

Rathbones Group PLC trimmed its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.2% in the fourth quarter, Holdings Channel reports. The firm owned 328,601 shares of the company’s stock after selling 14,506 shares during the quarter. Rathbones Group PLC’s holdings in BJ’s Wholesale Club were worth $29,584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BJ. Roxbury Financial LLC acquired a new stake in BJ’s Wholesale Club during the third quarter valued at approximately $28,000. Davis Capital Management acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $28,000. Eastern Bank acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth 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. bought a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $34,000. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $98.05 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. The stock has a fifty day moving average price of $97.63 and a 200 day moving average price of $94.18. The company has a market cap of $12.72 billion, a P/E ratio of 22.39, a PEG ratio of 3.39 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The company had revenue of $5.58 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period last year, the business posted $0.93 earnings per share. The firm’s quarterly 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. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

BJ has been the topic of several research analyst reports. Citigroup restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, February 20th. Melius Research cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a report on Friday, January 23rd. Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BJ’s Wholesale Club in a report on Thursday, January 8th. They issued a “hold” rating for the company. Finally, Barclays downgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $115.00 to $90.00 in a research report on Wednesday, January 7th. Nine 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. According to data from MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Hold” and an average target price of $107.63.

BJ’s Wholesale Club 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.