OneDigital Investment Advisors LLC Buys Shares of 19,401 BJ’s Wholesale Club Holdings, Inc. $BJ

OneDigital Investment Advisors LLC purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, Holdings Channel reports. The fund purchased 19,401 shares of the company’s stock, valued at approximately $1,692,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ’s Wholesale Club during the 4th quarter valued at $25,000. Strive Financial Group LLC bought a new position in BJ’s Wholesale Club in the 4th quarter worth $25,000. Parkside Financial Bank & Trust raised its holdings 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 worth $26,000 after purchasing an additional 173 shares during the period. Essential Partners LLC raised its holdings in BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in BJ’s Wholesale Club during the third quarter valued at $34,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on BJ. UBS Group reissued a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Gordon Haskett raised 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday. Finally, Bank of America began coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $105.93.

BJ’s Wholesale Club Trading Up 0.0%

Shares of BJ’s Wholesale Club stock opened at $93.42 on Monday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $107.62. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The company has a market capitalization of $11.93 billion, a P/E ratio of 21.47, a P/E/G ratio of 3.48 and a beta of 0.21. The company has a fifty day moving average of $91.28 and a 200 day moving average of $93.75.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The business had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period last year, the firm earned $1.14 earnings per share. The business’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. On average, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.52 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert W. Eddy sold 73,016 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. This trade represents a 20.55% decrease in their position. 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. Company insiders own 1.10% of the company’s stock.

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.