Knights of Columbus Asset Advisors LLC trimmed its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 65.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 20,069 shares of the company’s stock after selling 38,720 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in BJ’s Wholesale Club were worth $1,871,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in BJ. AE Wealth Management LLC raised its position in BJ’s Wholesale Club by 2.4% in the third quarter. AE Wealth Management LLC now owns 33,411 shares of the company’s stock valued at $3,116,000 after purchasing an additional 782 shares during the period. JSF Financial LLC grew its stake in shares of BJ’s Wholesale Club by 1.9% in the third quarter. JSF Financial LLC now owns 12,223 shares of the company’s stock valued at $1,140,000 after buying an additional 227 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of BJ’s Wholesale Club by 64.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,767 shares of the company’s stock valued at $818,000 after buying an additional 3,420 shares during the period. Retirement Planning Co of New England Inc. lifted its stake in BJ’s Wholesale Club by 21.8% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 4,443 shares of the company’s stock worth $414,000 after acquiring an additional 794 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in BJ’s Wholesale Club by 95.8% during the 3rd quarter. Federated Hermes Inc. now owns 21,753 shares of the company’s stock valued at $2,028,000 after acquiring an additional 10,646 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Barclays lowered shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $115.00 to $90.00 in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BJ’s Wholesale Club in a research note on Thursday, January 8th. They set a “hold” rating on the stock. Robert W. Baird decreased their price target on shares of BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. TD Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Finally, Morgan Stanley reduced their price objective on BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $107.50.
Insider Buying and Selling
In other news, CEO Robert W. Eddy sold 17,898 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the completion of the sale, the chief executive officer owned 296,735 shares in the company, valued at approximately $26,620,096.85. The trade was a 5.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction on Friday, December 5th. The stock was sold at an average price of $91.09, for a total transaction of $637,630.00. Following the sale, the executive vice president owned 50,498 shares in the company, valued at $4,599,862.82. This represents a 12.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is currently owned by company insiders.
Trending Headlines about BJ’s Wholesale Club
Here are the key news stories impacting BJ’s Wholesale Club this week:
- Positive Sentiment: Zacks highlights BJ’s as a strong momentum stock, citing favorable style scores and recent performance that can attract momentum-focused funds. Here’s Why BJ’s Wholesale Club (BJ) is a Strong Momentum Stock
- Positive Sentiment: Industry coverage and company announcements show ongoing store expansion, including new small-format BJ’s Market locations and full-size clubs (Delray Beach, Springfield, North Carolina), supporting revenue growth and geographic diversification. BJ’s prepares to open 2nd small-format location
- Positive Sentiment: Local reporting on openings (Delray Beach BJ’s Market and new clubs at large developments) underscores execution on expansion plans that could incrementally boost membership and same-store sales over time. BJ’s Wholesale Club: Solid Expansion, But Valuation Leaves Little Room For Error
- Neutral Sentiment: Analysis notes BJ’s solid unit growth and execution but warns the current valuation leaves little margin for missed execution or macro softness—important context for medium/long-term investors. BJ’s Wholesale Club: Solid Expansion, But Valuation Leaves Little Room For Error
- Negative Sentiment: Jefferies pulled its bull rating and downgraded BJ’s, triggering short-term selling pressure and reported share weakness; analyst downgrades can weigh on momentum and limit near-term upside. Jefferies downgrades BJ’s Wholesale Club Holdings (BJ)
BJ’s Wholesale Club Stock Performance
NYSE:BJ opened at $92.36 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.79 and a quick ratio of 0.16. The firm has a market capitalization of $12.08 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 2.50 and a beta of 0.33. The business’s fifty day moving average price is $92.35 and its 200 day moving average price is $95.65.
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings data on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The business had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same period in the prior year, the firm posted $1.18 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.
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.
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