BJ’s Wholesale Club Holdings, Inc. $BJ Shares Acquired by Sei Investments Co.

Sei Investments Co. lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 19.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 396,598 shares of the company’s stock after buying an additional 64,942 shares during the quarter. Sei Investments Co.’s holdings in BJ’s Wholesale Club were worth $39,033,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BJ. BOK Financial Private Wealth Inc. acquired a new position in BJ’s Wholesale Club in the 4th quarter valued at $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust increased its stake in BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in BJ’s Wholesale Club during the third quarter worth about $34,000. Finally, Leonteq Securities AG purchased a new position in BJ’s Wholesale Club during the fourth quarter worth about $43,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on BJ. JPMorgan Chase & Co. lifted their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. Citigroup cut their price target on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Bank of America began coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. Finally, UBS Group reissued a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $105.27.

BJ’s Wholesale Club Trading Down 0.1%

BJ’s Wholesale Club stock opened at $92.85 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The firm’s 50-day moving average is $89.25 and its 200-day moving average is $93.46. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $110.92. The company has a market cap of $11.86 billion, a P/E ratio of 21.34, a PEG ratio of 3.46 and a beta of 0.22.

BJ’s Wholesale Club (NYSE:BJ) last issued its 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. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.BJ’s Wholesale Club’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

BJ’s Wholesale Club Company 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.