Tilia Fiduciary Partners Inc. Has $2.75 Million Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Tilia Fiduciary Partners Inc. boosted its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,525 shares of the company’s stock after buying an additional 844 shares during the period. BJ’s Wholesale Club makes up about 1.7% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 18th biggest position. Tilia Fiduciary Partners Inc.’s holdings in BJ’s Wholesale Club were worth $2,752,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BJ. Bank of New York Mellon Corp lifted its holdings in BJ’s Wholesale Club by 199.7% in the first quarter. Bank of New York Mellon Corp now owns 2,986,494 shares of the company’s stock valued at $340,759,000 after buying an additional 1,989,980 shares during the period. Bessemer Group Inc. raised its holdings in BJ’s Wholesale Club by 65.9% in the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company’s stock worth $477,709,000 after purchasing an additional 1,662,415 shares during the period. Select Equity Group L.P. raised its holdings in BJ’s Wholesale Club by 1,230.1% in the first quarter. Select Equity Group L.P. now owns 1,739,337 shares of the company’s stock worth $198,458,000 after purchasing an additional 1,608,571 shares during the period. Wellington Management Group LLP raised its holdings in BJ’s Wholesale Club by 449.6% in the first quarter. Wellington Management Group LLP now owns 1,126,001 shares of the company’s stock worth $128,477,000 after purchasing an additional 921,139 shares during the period. Finally, AQR Capital Management LLC raised its holdings in BJ’s Wholesale Club by 195.6% in the first quarter. AQR Capital Management LLC now owns 1,198,084 shares of the company’s stock worth $136,019,000 after purchasing an additional 792,808 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BJ. Evercore ISI cut their target price on shares of BJ’s Wholesale Club from $117.00 to $110.00 and set an “in-line” rating on the stock in a report on Monday, August 25th. Citigroup cut their target price on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, August 25th. Wall Street Zen lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a report on Friday, August 15th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, August 22nd. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $114.63.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the transaction, the executive vice president directly owned 114,127 shares of the company’s stock, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,561 shares of company stock valued at $11,735,689 in the last three months. 1.40% of the stock is owned by insiders.

BJ’s Wholesale Club Stock Up 1.9%

Shares of BJ stock opened at $92.74 on Friday. The firm has a fifty day moving average of $100.03 and a 200-day moving average of $107.95. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.92 and a 12-month high of $121.10. The company has a market capitalization of $12.22 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 2.43 and a beta of 0.36.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.04. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The company had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.49 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. The firm’s revenue was up 3.2% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.