Amica Mutual Insurance Co. Buys 21,077 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Amica Mutual Insurance Co. lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 17.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 139,617 shares of the company’s stock after purchasing an additional 21,077 shares during the period. BJ’s Wholesale Club accounts for about 1.1% of Amica Mutual Insurance Co.’s portfolio, making the stock its 14th largest position. Amica Mutual Insurance Co.’s holdings in BJ’s Wholesale Club were worth $12,570,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Ossiam bought a new position in BJ’s Wholesale Club in the second quarter valued at about $100,000. Daiwa Securities Group Inc. raised its position in shares of BJ’s Wholesale Club by 81.0% during the second quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock worth $736,000 after purchasing an additional 3,054 shares during the period. AXA S.A. acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth about $1,094,000. Sei Investments Co. raised its position in shares of BJ’s Wholesale Club by 31.5% during the second quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock worth $29,773,000 after purchasing an additional 66,204 shares during the period. Finally, BNP Paribas acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth about $105,000. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BJ shares. Wells Fargo & Company raised their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Citigroup dropped their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Bank of America started coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target on the stock. Finally, UBS Group reaffirmed a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.27.

Read Our Latest Stock Analysis on BJ’s Wholesale Club

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $85.23 on Friday. The stock has a market cap of $10.88 billion, a P/E ratio of 19.59, a PEG ratio of 3.18 and a beta of 0.27. The stock has a 50 day simple moving average of $93.90 and a 200 day simple moving average of $94.24. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.65 and a 1-year high of $115.43.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last released its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

About BJ’s Wholesale Club

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report).

Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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.