BJ’s Wholesale Club (NYSE:BJ) CEO Sells $832,000.00 in Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 8,000 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $104.00, for a total transaction of $832,000.00. Following the completion of the sale, the chief executive officer owned 258,330 shares in the company, valued at approximately $26,866,320. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Trading Down 0.3%

Shares of BJ stock traded down $0.30 during trading hours on Thursday, hitting $103.09. The company had a trading volume of 2,819,693 shares, compared to its average volume of 2,031,376. The company’s fifty day moving average is $94.10 and its 200 day moving average is $92.64. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $106.04. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The stock has a market capitalization of $13.02 billion, a PE ratio of 22.56, a price-to-earnings-growth ratio of 3.04 and a beta of 0.17.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Institutional Trading of BJ’s Wholesale Club

A number of hedge funds and other institutional investors have recently bought and sold shares of BJ. Essential Partners LLC raised its position in shares of BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares in the last quarter. Quantbot Technologies LP purchased a new position in BJ’s Wholesale Club in the second quarter valued at approximately $28,000. Keating Financial Advisory Services Inc. purchased a new position in BJ’s Wholesale Club in the second quarter valued at approximately $35,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in BJ’s Wholesale Club in the second quarter valued at approximately $37,000. Finally, Versant Capital Management Inc raised its holdings in BJ’s Wholesale Club by 63.1% during the third quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock worth $73,000 after purchasing an additional 308 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Weiss Ratings upgraded shares of BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Roth Capital reaffirmed a “neutral” rating and set a $97.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Wednesday, July 29th. Citigroup boosted their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Finally, UBS Group boosted their target price on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average target price of $106.06.

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.