Walter Public Investments Inc. Reduces Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Walter Public Investments Inc. cut its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,470 shares of the company’s stock after selling 18,312 shares during the period. BJ’s Wholesale Club comprises approximately 4.1% of Walter Public Investments Inc.’s investment portfolio, making the stock its 6th largest holding. Walter Public Investments Inc.’s holdings in BJ’s Wholesale Club were worth $23,000,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of BJ. Mirabella Financial Services LLP raised its stake in shares of BJ’s Wholesale Club by 158.2% during the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock worth $1,970,000 after purchasing an additional 12,970 shares during the period. Fieldview Capital Management LLC bought a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth $3,671,000. Amica Mutual Insurance Co. raised its stake in shares of BJ’s Wholesale Club by 18.9% during the 3rd quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock worth $11,054,000 after purchasing an additional 18,876 shares during the period. Congress Asset Management Co. raised its stake in shares of BJ’s Wholesale Club by 13.8% during the 4th quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock worth $30,983,000 after purchasing an additional 41,817 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of BJ’s Wholesale Club by 3.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 670,052 shares of the company’s stock worth $62,482,000 after purchasing an additional 25,326 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Trading Down 0.9%

Shares of BJ opened at $85.23 on Friday. The business has a 50-day moving average of $93.90 and a 200 day moving average of $94.24. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.65 and a fifty-two week high of $115.43. The firm has a market cap of $10.88 billion, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 3.16 and a beta of 0.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data 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. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The company had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the firm posted $1.14 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of recent analyst reports. DA Davidson lifted their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. lifted their target price on 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. Citigroup lowered their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Finally, Bank of America began coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.27.

Insider Activity

In related news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value 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. 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. Company insiders own 1.10% of the company’s stock.

About BJ’s Wholesale Club

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.