Walter Public Investments Inc. grew its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 26.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,527 shares of the company’s stock after acquiring an additional 22,179 shares during the period. BJ’s Wholesale Club accounts for 2.4% of Walter Public Investments Inc.’s holdings, making the stock its 17th largest position. Walter Public Investments Inc. owned about 0.08% of BJ’s Wholesale Club worth $9,800,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Parcion Private Wealth LLC grew its position in shares of BJ’s Wholesale Club by 2.9% in the third quarter. Parcion Private Wealth LLC now owns 3,749 shares of the company’s stock valued at $345,000 after purchasing an additional 107 shares during the last quarter. Essential Partners LLC increased its stake in shares of BJ’s Wholesale Club by 81.2% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares during the period. Balefire LLC increased its stake in shares of BJ’s Wholesale Club by 5.0% during the first quarter. Balefire LLC now owns 2,845 shares of the company’s stock worth $280,000 after purchasing an additional 136 shares during the period. Sheets Smith Wealth Management lifted its holdings in BJ’s Wholesale Club by 4.5% during the 2nd quarter. Sheets Smith Wealth Management now owns 3,796 shares of the company’s stock worth $331,000 after purchasing an additional 163 shares during the last quarter. Finally, Athena Wealth Management LLC lifted its holdings in BJ’s Wholesale Club by 4.2% during the 3rd quarter. Athena Wealth Management LLC now owns 6,240 shares of the company’s stock worth $574,000 after purchasing an additional 251 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.
BJ’s Wholesale Club Stock Performance
NYSE BJ opened at $110.79 on Thursday. The firm has a 50-day moving average price of $99.23 and a two-hundred day moving average price of $95.13. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.21 and a 12-month high of $113.35. The company has a market capitalization of $14.00 billion, a P/E ratio of 24.24, a P/E/G ratio of 3.24 and a beta of 0.12. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current year.
Insider Buying and Selling
In other news, SVP Joseph Mcgrail sold 1,500 shares of the company’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 in the company, valued at approximately $1,282,448.85. This represents a 10.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP William Werner sold 3,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $95.00, for a total value of $285,000.00. Following the sale, the executive vice president directly owned 50,160 shares in the company, valued at approximately $4,765,200. This trade represents a 5.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 228,436 shares of company stock worth $23,343,836 in the last quarter. Insiders own 1.10% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. William Blair downgraded BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Wall Street Zen cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Roth Capital reiterated 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. Weiss Ratings raised BJ’s Wholesale Club from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, November 4th. Finally, Citigroup cut shares of BJ’s Wholesale Club from a “buy” rating to a “neutral” rating and boosted their target price for the company from $111.00 to $113.00 in a research report on Friday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued 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 a consensus price target of $106.19.
Read Our Latest Stock Report on BJ’s Wholesale Club
BJ’s Wholesale Club Profile
BJ’s Wholesale Club Holdings, Inc. operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations. The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen. Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.
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