7,857 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Bought by Islay Capital Management LLC

Islay Capital Management LLC purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,857 shares of the company’s stock, valued at approximately $723,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth $27,242,000. Entropy Technologies LP bought a new position in BJ’s Wholesale Club during the first quarter worth $1,135,000. Sei Investments Co. lifted its holdings in BJ’s Wholesale Club by 19.6% in the first quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock valued at $39,033,000 after buying an additional 64,942 shares during the period. Bank of America Corp DE acquired a new position in BJ’s Wholesale Club in the second quarter valued at $108,684,000. Finally, GSA Capital Partners LLP acquired a new position in BJ’s Wholesale Club in the second quarter valued at $2,001,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research report on Wednesday, July 29th. UBS Group lifted their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th. The Goldman Sachs Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Finally, Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Eleven 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.06.

Insider Activity at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 3,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $95.00, for a total value of $285,000.00. Following the completion of the sale, the executive vice president directly owned 50,160 shares in the company, valued at $4,765,200. This trade represents a 5.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the sale, the senior vice president owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. This represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 291,452 shares of company stock worth $29,541,597 over the last quarter. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.4%

NYSE BJ traded down $0.46 on Tuesday, hitting $102.15. 743,979 shares of the company were exchanged, compared to its average volume of 1,980,560. The company has a market cap of $12.90 billion, a PE ratio of 22.37, a PEG ratio of 3.02 and a beta of 0.17. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $106.04. The stock has a fifty day moving average of $94.36 and a 200-day moving average of $92.70. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period last year, the company posted $1.14 earnings per share. The business’s quarterly 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. As a group, analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.