BJ’s Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 8,000 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $95.22, for a total value of $761,760.00. Following the sale, the chief executive officer directly owned 266,330 shares of the company’s stock, valued at approximately $25,359,942.60. This trade represents a 2.92% decrease in their ownership of the stock. The sale 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.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $93.26 on Friday. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $93.50 and a two-hundred day simple moving average of $92.91. The stock has a market capitalization of $11.78 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 2.73 and a beta of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm 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%.The business’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Institutional Investors Weigh In On BJ’s Wholesale Club

Institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its stake 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 valued at $1,164,114,000 after acquiring an additional 4,704,423 shares during the period. BlackRock Inc. acquired a new stake in shares of BJ’s Wholesale Club in the second quarter worth $1,087,503,000. Franklin Resources Inc. increased its stake 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 acquiring an additional 737,130 shares during the period. River Road Asset Management LLC increased its stake in shares of BJ’s Wholesale Club by 9.6% in the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after acquiring an additional 297,952 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of BJ’s Wholesale Club by 15.4% during the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock worth $286,281,000 after purchasing an additional 436,827 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on BJ. Weiss Ratings upgraded shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. DA Davidson increased their price objective on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a research note on Monday, August 24th. UBS Group increased their price objective 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, August 24th. Wall Street Zen raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $106.06.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ’s also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.