BJ’s Wholesale Club (NYSE:BJ) Stock Falls 3.8% – What’s Next?

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) were down 3.8% during mid-day trading on Wednesday. The stock traded as low as $91.30 and last traded at $91.8850. Approximately 261,230 shares were traded during trading, a decline of 87% from the average session volume of 1,948,698 shares. The stock had previously closed at $95.49.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. UBS Group increased their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a report on Monday, August 24th. The Goldman Sachs Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Roth Capital reaffirmed a “neutral” rating and issued a $97.00 price objective on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. 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 report on Wednesday, July 29th. Finally, Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $106.06.

BJ’s Wholesale Club Stock Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The stock has a fifty day simple moving average of $93.75 and a two-hundred day simple moving average of $92.65. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 19.91, a P/E/G ratio of 2.84 and a beta of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the previous year, the company posted $1.14 earnings per share. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.7 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $95.22, for a total transaction of $761,760.00. Following the completion of the sale, the chief executive officer owned 266,330 shares in the company, valued at $25,359,942.60. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the transaction, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. The trade was a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 87,416 shares of company stock valued at $8,699,844. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in BJ’s Wholesale Club during the second quarter worth $27,242,000. Entropy Technologies LP bought a new position in BJ’s Wholesale Club during the 1st quarter valued at $1,135,000. Reinhart Partners LLC. lifted its stake in BJ’s Wholesale Club by 30.7% during the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock valued at $4,902,000 after acquiring an additional 12,784 shares in the last quarter. Focus Partners Wealth boosted its holdings in BJ’s Wholesale Club by 6.2% during the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock worth $47,256,000 after acquiring an additional 30,095 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in BJ’s Wholesale Club by 19.6% during the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after acquiring an additional 64,942 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members 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.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.