Avity Investment Management Inc. Purchases 27,698 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Avity Investment Management Inc. lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 110,040 shares of the company’s stock after buying an additional 27,698 shares during the period. Avity Investment Management Inc. owned about 0.09% of BJ’s Wholesale Club worth $9,598,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BJ. First Citizens Bank & Trust Co. grew its position in BJ’s Wholesale Club by 0.8% during the fourth quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after acquiring an additional 105 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock worth $1,155,000 after acquiring an additional 108 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of BJ’s Wholesale Club by 0.6% in the 4th quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock worth $1,665,000 after acquiring an additional 113 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of BJ’s Wholesale Club by 1.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company’s stock valued at $902,000 after purchasing an additional 130 shares in the last quarter. Finally, Essential Partners LLC grew its holdings in shares of BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after purchasing an additional 130 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.6%

Shares of BJ’s Wholesale Club stock opened at $96.59 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $110.71. The company’s 50 day moving average price is $90.75 and its 200-day moving average price is $93.80. The stock has a market capitalization of $12.33 billion, a price-to-earnings ratio of 22.20, a P/E/G ratio of 3.59 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last posted 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. The company had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm’s revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on BJ shares. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research 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 for the company in a research report on Tuesday, May 26th. JPMorgan Chase & Co. raised their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. UBS Group reissued a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, Bank of America started coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price for the company. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.93.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by insiders.

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.