Norges Bank Makes New $151.77 Million Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Norges Bank acquired a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,685,712 shares of the company’s stock, valued at approximately $151,765,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. GAMMA Investing LLC boosted its position in BJ’s Wholesale Club by 1.8% in the fourth quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock worth $592,000 after purchasing an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in BJ’s Wholesale Club by 2.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock worth $465,000 after purchasing an additional 129 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in BJ’s Wholesale Club by 1.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company’s stock worth $902,000 after purchasing an additional 130 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its position in BJ’s Wholesale Club by 1.3% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 11,613 shares of the company’s stock worth $1,046,000 after purchasing an additional 144 shares during the last quarter. Finally, HighPoint Advisor Group LLC boosted its position in BJ’s Wholesale Club by 3.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 4,656 shares of the company’s stock worth $419,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.7%

Shares of NYSE BJ opened at $89.16 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.65 and a one year high of $115.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The business’s fifty day moving average price is $93.41 and its 200-day moving average price is $94.15. The stock has a market capitalization of $11.38 billion, a PE ratio of 20.50, a P/E/G ratio of 3.30 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This represents a 2.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares in the company, valued at $1,346,785.11. This represents a 12.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

BJ has been the topic of several research analyst reports. UBS Group reissued a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Wells Fargo & Company boosted their price objective on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Citigroup cut their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. boosted their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Hold” and an average target price of $105.27.

BJ’s Wholesale Club 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.