BJ’s Wholesale Club Holdings, Inc. $BJ Shares Newly Bought by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the third quarter, HoldingsChannel reports. The fund purchased 46,248 shares of the company’s stock, valued at approximately $4,255,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in BJ’s Wholesale Club during the second quarter worth approximately $1,087,503,000. Wellington Management Group LLP lifted its stake in shares of BJ’s Wholesale Club by 15.4% in the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after purchasing an additional 436,827 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter valued at approximately $179,649,000. Bank of America Corp DE purchased a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth approximately $108,684,000. Finally, Amundi boosted its holdings in shares of BJ’s Wholesale Club by 31.7% in the 2nd quarter. Amundi now owns 1,122,060 shares of the company’s stock worth $97,866,000 after purchasing an additional 270,253 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. DA Davidson set a $108.00 target price on BJ’s Wholesale Club in a research report on Thursday, October 8th. UBS Group lifted their price objective on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Roth Capital reaffirmed a “neutral” rating and set a $97.00 price objective on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Wall Street Zen cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, Weiss Ratings raised shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $106.19.

Trending Headlines about BJ’s Wholesale Club

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: BJ’s plans to open its second Kentucky club in Frankfort on November 13, adding to its store network. Article: BJ’s Wholesale Club To Open 2nd KY Location In Frankfort Nov. 13
• Positive Sentiment: A planning board granted preliminary site-plan approval for a proposed BJ’s club in New Hartford, New York, advancing another potential location. Article: New Hartford Planning Board grants preliminary site plan approval to BJ’s Wholesale Club
• Neutral Sentiment: EVP Laura Felice sold 10,000 shares for about $1.1 million under a pre-arranged Rule 10b5-1 plan. She retained 84,416 shares, which makes the sale a limited signal about the company’s outlook. Article: Insider Selling: BJ’s Wholesale Club EVP Sells $1,105,300 in Stock
• Negative Sentiment: Citigroup downgraded BJ from Buy to Neutral, saying investor optimism is already reflected in the shares. Citi raised its price target to $113 from $111, but the downgrade may temper enthusiasm after the stock’s recent strength. Article: Citi downgrades BJ’s Wholesale, says optimism already priced in
• Negative Sentiment: A public hearing on a proposed BJ’s development in Branford will continue, leaving the project’s approval unresolved and potentially extending the timeline. Article: Branford to continue public hearing on proposed BJ’s development

Insider Activity at BJ’s Wholesale Club

In related news, EVP Laura L. Felice sold 10,000 shares of BJ’s Wholesale Club stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $110.53, for a total transaction of $1,105,300.00. Following the completion of the sale, the executive vice president owned 84,416 shares in the company, valued at $9,330,500.48. This trade represents a 10.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the sale, the senior vice president owned 13,269 shares of the company’s stock, valued at $1,282,448.85. The trade was a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 228,436 shares of company stock valued at $23,343,836 over the last ninety days. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Price Performance

BJ opened at $109.48 on Monday. The business has a fifty day moving average of $98.07 and a 200 day moving average of $94.92. The stock has a market cap of $13.83 billion, a P/E ratio of 23.96, a PEG ratio of 3.21 and a beta of 0.12. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $113.35.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The business had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The business’s revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations.

The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen.

Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.