BJ’s Wholesale Club (NYSE:BJ) CEO Sells 4,900 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 4,900 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $100.01, for a total value of $490,049.00. Following the transaction, the chief executive officer owned 274,330 shares in the company, valued at $27,435,743.30. This represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock traded down $1.30 during trading hours on Wednesday, hitting $93.07. The stock had a trading volume of 2,248,483 shares, compared to its average volume of 2,010,753. The company has a 50-day moving average of $91.77 and a two-hundred day moving average of $93.77. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78. The company has a market cap of $11.88 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 3.34 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ’s Wholesale Club’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BJ shares. Roth Capital reissued a “neutral” rating and issued a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday. UBS Group upped their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Monday. Bank of America started coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Finally, Gordon Haskett upgraded 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. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $106.06.

Hedge Funds Weigh In On BJ’s Wholesale Club

Institutional investors have recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club during the fourth quarter worth about $25,000. Strive Financial Group LLC bought a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust raised its stake in shares of BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after acquiring an additional 173 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth approximately $28,000. Finally, Essential Partners LLC grew its position in BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

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.