BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. This trade represents a 10.16% 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.
BJ’s Wholesale Club Stock Performance
BJ’s Wholesale Club stock opened at $90.68 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.21 and a 12-month high of $105.78. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $92.11 and its two-hundred day moving average price is $93.64. The stock has a market cap of $11.45 billion, a PE ratio of 19.84, a P/E/G ratio of 3.05 and a beta of 0.21.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period last year, the company posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Institutional Investors Weigh In On BJ’s Wholesale Club
Several institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its holdings in BJ’s Wholesale Club by 8,560.2% in the second quarter. California State Teachers Retirement System now owns 13,116,580 shares of the company’s stock valued at $1,144,028,000 after acquiring an additional 12,965,121 shares during the last quarter. BlackRock Inc. acquired a new stake in BJ’s Wholesale Club during the 2nd quarter valued at approximately $1,087,503,000. Victory Capital Management Inc. raised its holdings in BJ’s Wholesale Club by 57.2% during the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares during the last quarter. Bank of New York Mellon Corp bought a new position in BJ’s Wholesale Club during the 2nd quarter worth approximately $179,649,000. Finally, Norges Bank acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $151,765,000. Institutional investors and hedge funds own 98.60% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than BJ’s Wholesale Club
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.
