Provenance Wealth Advisors LLC lifted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 18,607.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,238 shares of the company’s stock after purchasing an additional 5,210 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in BJ’s Wholesale Club were worth $482,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Vise Technologies Inc. lifted its holdings in shares of BJ’s Wholesale Club by 51.3% during the third quarter. Vise Technologies Inc. now owns 14,475 shares of the company’s stock worth $1,332,000 after purchasing an additional 4,907 shares during the period. International Assets Investment Management LLC increased its stake in BJ’s Wholesale Club by 3,050.6% in the 3rd quarter. International Assets Investment Management LLC now owns 150,000 shares of the company’s stock valued at $13,800,000 after buying an additional 145,239 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in BJ’s Wholesale Club by 36.0% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 11,700 shares of the company’s stock valued at $1,076,000 after buying an additional 3,100 shares during the period. Parcion Private Wealth LLC increased its stake in BJ’s Wholesale Club by 2.9% in the 3rd quarter. Parcion Private Wealth LLC now owns 3,749 shares of the company’s stock valued at $345,000 after buying an additional 107 shares during the period. Finally, Soltis Investment Advisors LLC acquired a new position in BJ’s Wholesale Club in the 3rd quarter valued at $213,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.
BJ’s Wholesale Club Stock Up 0.5%
BJ’s Wholesale Club stock opened at $111.44 on Friday. The stock’s 50 day moving average price is $97.69 and its 200 day moving average price is $94.83. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $113.35. The company has a market cap of $14.08 billion, a PE ratio of 24.38, a price-to-earnings-growth ratio of 3.26 and a beta of 0.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate 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 27.40% and a net margin of 2.62%. BJ’s Wholesale Club’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current fiscal year.
Insider Activity at BJ’s Wholesale Club
In other news, EVP William Werner sold 3,000 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $95.00, for a total transaction of $285,000.00. Following the transaction, the executive vice president directly owned 50,160 shares of the company’s stock, valued at $4,765,200. This represents a 5.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Laura L. Felice sold 10,000 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $110.53, for a total transaction of $1,105,300.00. Following the completion of the transaction, the executive vice president owned 84,416 shares of the company’s stock, valued at $9,330,500.48. This represents a 10.59% 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. Insiders have sold a total of 228,436 shares of company stock valued at $23,343,836 over the last 90 days. Company insiders own 1.10% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. TD Cowen began coverage on shares of BJ’s Wholesale Club in a report on Friday, October 30th. They issued a “strong-buy” rating on the stock. Wall Street Zen downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. DA Davidson set a $108.00 price target on shares of BJ’s Wholesale Club in a research note on Thursday, October 8th. Finally, Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $106.06.
Read Our Latest Stock Report on BJ
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.
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