Natixis Advisors LLC Decreases Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Natixis Advisors LLC lowered its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 99,877 shares of the company’s stock after selling 22,839 shares during the period. Natixis Advisors LLC’s holdings in BJ’s Wholesale Club were worth $8,992,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club during the 4th quarter valued at $25,000. Sunbelt Securities Inc. bought a new stake in BJ’s Wholesale Club in the 3rd quarter worth $34,000. Leonteq Securities AG bought a new stake in BJ’s Wholesale Club in the 4th quarter worth $43,000. Blue Trust Inc. increased its position in shares of BJ’s Wholesale Club by 42.9% in the fourth quarter. Blue Trust Inc. now owns 713 shares of the company’s stock valued at $64,000 after acquiring an additional 214 shares during the period. Finally, Danske Bank A S bought a new position in shares of BJ’s Wholesale Club during the third quarter valued at about $75,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.0%

NYSE:BJ opened at $89.22 on Monday. The company has a 50-day moving average price of $93.05 and a 200-day moving average price of $94.09. The stock has a market cap of $11.39 billion, a price-to-earnings ratio of 20.51, a P/E/G ratio of 3.32 and a beta of 0.23. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.65 and a 12 month high of $115.43.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last announced its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the previous year, the company earned $1.14 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BJ. William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. UBS Group reaffirmed a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. JPMorgan Chase & Co. increased their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Bank of America started coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective on the stock. Finally, DA Davidson boosted their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, BJ’s Wholesale Club currently has a consensus rating of “Hold” and an average target price of $105.27.

View Our Latest Report on BJ

Insider Buying and Selling

In other news, SVP Joseph Mcgrail sold 2,050 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the transaction, the senior vice president owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the sale, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Profile

(Free Report)

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

Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report).

Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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