Maven Securities LTD Purchases New Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Maven Securities LTD bought a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 36,924 shares of the company’s stock, valued at approximately $3,221,000.

Several other hedge funds have also made changes to their positions in BJ. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at about $25,000. Strive Financial Group LLC purchased a new stake in BJ’s Wholesale Club in the fourth quarter worth about $25,000. Parkside Financial Bank & Trust grew its holdings in BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares in the last quarter. Quantbot Technologies LP bought a new position in BJ’s Wholesale Club during the 2nd quarter worth about $28,000. Finally, Essential Partners LLC increased its position in 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 period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BJ shares. Wall Street Zen upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Wednesday, July 29th. Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Bank of America initiated coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. Finally, Roth Capital reiterated a “neutral” rating and issued a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $106.06.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the sale, the senior vice president directly owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Eddy sold 73,016 shares of BJ’s Wholesale Club 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 of the company’s stock, valued at $28,238,646.60. The trade was a 20.55% 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. Insiders have sold 79,416 shares of company stock valued at $7,938,084 over the last 90 days. 1.10% of the stock is currently owned by insiders.

BJ’s Wholesale Club Stock Down 3.7%

NYSE:BJ opened at $89.72 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78. The stock has a market capitalization of $11.33 billion, a P/E ratio of 19.63, a P/E/G ratio of 2.74 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The company’s 50-day simple moving average is $92.82 and its 200-day simple moving average is $93.19.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the business posted $1.14 EPS. BJ’s Wholesale Club’s revenue was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 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.