Wellington Management Group LLP boosted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 15.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,282,291 shares of the company’s stock after buying an additional 436,827 shares during the quarter. Wellington Management Group LLP owned 2.57% of BJ’s Wholesale Club worth $286,281,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Ossiam purchased a new position in shares of BJ’s Wholesale Club during the second quarter worth $100,000. Daiwa Securities Group Inc. lifted its position in 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 valued at $736,000 after purchasing an additional 3,054 shares during the period. AXA S.A. purchased a new stake in BJ’s Wholesale Club in the second quarter valued at $1,094,000. Sei Investments Co. boosted its holdings in BJ’s Wholesale Club by 31.5% in the second quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock valued at $29,773,000 after purchasing an additional 66,204 shares during the last quarter. Finally, BNP Paribas acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth about $105,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at BJ’s Wholesale Club
In related news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joseph Mcgrail sold 1,500 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. The trade was a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is owned by company insiders.
BJ’s Wholesale Club Stock Performance
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last issued its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate 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 company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the company earned $1.14 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently commented on BJ. Roth Capital reaffirmed a “neutral” rating and set a $97.00 target price on shares of BJ’s Wholesale Club in a report on Monday, August 24th. JPMorgan Chase & Co. boosted their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus target price of $106.06.
Check Out Our Latest Analysis on BJ’s Wholesale Club
BJ’s Wholesale Club Company Profile
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.
Featured Articles
- Five stocks we like better than BJ’s Wholesale Club
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
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.
