BJ’s Wholesale Club Holdings, Inc. $BJ Shares Bought by Reinhart Partners LLC.

Reinhart Partners LLC. raised its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 30.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 54,452 shares of the company’s stock after purchasing an additional 12,784 shares during the quarter. Reinhart Partners LLC.’s holdings in BJ’s Wholesale Club were worth $4,902,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club in the fourth quarter worth $25,000. Sunbelt Securities Inc. acquired a new position in BJ’s Wholesale Club in the third quarter valued at $34,000. Leonteq Securities AG acquired a new position in BJ’s Wholesale Club in the fourth quarter valued at $43,000. Blue Trust Inc. increased its stake in BJ’s Wholesale Club by 42.9% in the fourth quarter. Blue Trust Inc. now owns 713 shares of the company’s stock valued at $64,000 after purchasing an additional 214 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BJ’s Wholesale Club in the second quarter valued at $80,000. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ’s Wholesale Club Price Performance

BJ stock opened at $88.55 on Wednesday. The stock has a 50-day moving average price of $93.72 and a two-hundred day moving average price of $94.22. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.65 and a 12-month high of $115.43. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The company has a market cap of $11.31 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 3.26 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insider Activity

In other news, SVP Joseph Mcgrail sold 2,050 shares of the company’s 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 $1,346,785.11. This represents a 12.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 the company’s 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 $27,882,156.60. The trade was a 2.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BJ shares. Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. UBS Group reiterated a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus target price of $105.27.

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.