Martin & Co. Inc. TN Purchases Shares of 41,520 BJ’s Wholesale Club Holdings, Inc. $BJ

Martin & Co. Inc. TN purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 41,520 shares of the company’s stock, valued at approximately $3,621,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Victory Capital Management Inc. grew its position in shares of BJ’s Wholesale Club by 57.2% during the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. BlackRock Inc. bought a new stake in shares of BJ’s Wholesale Club in the second quarter worth about $1,087,503,000. Franklin Resources Inc. lifted its position in shares of BJ’s Wholesale Club by 12.8% in the fourth quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock worth $586,513,000 after buying an additional 737,130 shares in the last quarter. State Street Corp lifted its position in shares of BJ’s Wholesale Club by 7.7% in the fourth quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after buying an additional 389,327 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of BJ’s Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock worth $310,834,000 after buying an additional 179,723 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 5.8%

Shares of BJ stock opened at $96.61 on Friday. The company has a market cap of $12.34 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 3.42 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $105.78. The stock’s 50 day simple moving average is $91.50 and its two-hundred day simple moving average is $93.77. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.68 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on BJ shares. UBS Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 17th. JPMorgan Chase & Co. upped 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. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th. 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. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $105.33.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer directly owned 282,330 shares of the company’s stock, valued at $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This trade represents a 44.63% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by company insiders.

More BJ’s Wholesale Club News

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
• Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
• Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
• Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement

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.