BJ’s Wholesale Club (NYSE:BJ) EVP Laura Felice Sells 10,000 Shares of Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Laura Felice sold 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $110.53, for a total transaction of $1,105,300.00. Following the transaction, the executive vice president owned 84,416 shares in the company, valued at approximately $9,330,500.48. The trade was a 10.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Up 1.4%

Shares of BJ opened at $110.94 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $112.55. The firm’s 50 day moving average is $97.32 and its 200-day moving average is $94.74. The stock has a market capitalization of $14.01 billion, a PE ratio of 24.28, a P/E/G ratio of 3.21 and a beta of 0.12. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

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, beating the consensus estimate of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current year.

Institutional Trading of BJ’s Wholesale Club

Several large investors have recently made changes to their positions in BJ. BlackRock Inc. acquired a new stake in BJ’s Wholesale Club in the second quarter valued at approximately $1,087,503,000. Wellington Management Group LLP increased its holdings in shares of BJ’s Wholesale Club by 15.4% during the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock worth $286,281,000 after buying an additional 436,827 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of BJ’s Wholesale Club during the second quarter worth $179,649,000. Bank of America Corp DE bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $108,684,000. Finally, Amundi lifted its stake in shares of BJ’s Wholesale Club by 31.7% in the 2nd quarter. Amundi now owns 1,122,060 shares of the company’s stock valued at $97,866,000 after acquiring an additional 270,253 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analyst Ratings Changes

BJ has been the subject of several analyst reports. UBS Group lifted their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a report on Monday, August 24th. Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company 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 membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.