BJ’s Wholesale Club Holdings, Inc. $BJ Stake Cut by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 42.2% during the third quarter, Holdings Channel reports. The institutional investor owned 108,443 shares of the company’s stock after selling 79,099 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in BJ’s Wholesale Club were worth $9,977,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Quantbot Technologies LP acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth $28,000. Essential Partners LLC increased its holdings in shares of BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after purchasing an additional 130 shares in the last quarter. Keating Financial Advisory Services Inc. purchased a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at about $35,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at about $37,000. Finally, Versant Capital Management Inc grew its position in BJ’s Wholesale Club by 63.1% during the third quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock worth $73,000 after buying an additional 308 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.2%

Shares of NYSE BJ opened at $102.51 on Thursday. The firm has a market cap of $12.95 billion, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 3.00 and a beta of 0.17. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $106.04. The firm’s 50 day moving average price is $94.72 and its 200 day moving average price is $92.78.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results 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. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the prior year, the business posted $1.14 earnings per share. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Laura L. Felice sold 8,452 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $104.95, for a total transaction of $887,037.40. Following the completion of the sale, the executive vice president owned 84,416 shares in the company, valued at approximately $8,859,459.20. The trade was a 9.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Eddy sold 172,184 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $102.19, for a total transaction of $17,595,482.96. Following the sale, the chief executive officer owned 266,330 shares of the company’s stock, valued at approximately $27,216,262.70. This represents a 39.27% 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. In the last 90 days, insiders have sold 291,452 shares of company stock valued at $29,541,597. Insiders own 1.10% of the company’s stock.

Key BJ’s Wholesale Club News

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

• Positive Sentiment: New Florida club opening: BJ’s will open its Ocala, Florida, location on October 23. The new club expands the company’s physical-store footprint and membership opportunity, while an introductory $2-per-gallon gas promotion and limited-time membership offers could help attract local customers. BJ’s Wholesale Club Announces October 23 Grand Opening for Ocala
• Positive Sentiment: AI-powered shopping initiatives: Industry coverage says BJ’s is using artificial intelligence to improve personalization and convenience in digital shopping. If execution is successful, these tools could support online sales, customer engagement and operating efficiency. How WMT, TGT & BJ Are Betting Big on AI-Powered Shopping
• Positive Sentiment: Growth-stock recognition: Zacks articles point to BJ’s favorable growth characteristics and style scores, potentially reinforcing the view that the retailer can deliver above-market long-term performance. These are research opinions, not new company guidance. Why BJ’s Wholesale Club Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: A proposed BJ’s site in Middleburg, Florida, and a sponsorship with Alpha Prime Racing could improve local awareness and brand visibility, but neither appears likely to materially affect near-term financial results. Middleburg Site Plan Hints at a New BJ’s Wholesale Club

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BJ. UBS Group upped their price target on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, August 24th. William Blair cut BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Finally, Weiss Ratings raised BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Eleven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.06.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.