Boston Common Asset Management LLC Buys 3,873 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Boston Common Asset Management LLC raised its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 21.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 21,815 shares of the company’s stock after purchasing an additional 3,873 shares during the period. Boston Common Asset Management LLC’s holdings in BJ’s Wholesale Club were worth $2,352,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC grew its holdings in BJ’s Wholesale Club by 0.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,366,509 shares of the company’s stock valued at $498,219,000 after purchasing an additional 35,130 shares during the period. Bessemer Group Inc. grew its holdings in BJ’s Wholesale Club by 65.9% during the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company’s stock valued at $477,709,000 after purchasing an additional 1,662,415 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of BJ’s Wholesale Club by 29.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,228,685 shares of the company’s stock valued at $368,393,000 after acquiring an additional 741,782 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 acquiring an additional 1,989,980 shares in the last quarter. Finally, Select Equity Group L.P. lifted its position in shares of 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 valued at $198,458,000 after acquiring an additional 1,608,571 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the sale, the executive vice president directly owned 11,617 shares in the company, valued at $1,160,073.62. This represents a 35.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Paul Cichocki sold 58,436 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the sale, the executive vice president owned 114,127 shares in the company, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 108,561 shares of company stock worth $11,735,689. Company insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ’s Wholesale Club stock opened at $92.74 on Friday. The stock has a 50 day moving average of $100.03 and a 200 day moving average of $107.94. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.92 and a 12 month high of $121.10. The firm has a market cap of $12.22 billion, a PE ratio of 21.27, a PEG ratio of 2.47 and a beta of 0.36. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

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

Analyst Ratings Changes

BJ has been the topic of several research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of BJ’s Wholesale Club in a research report on Saturday, September 27th. JPMorgan Chase & Co. lowered their price objective on BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, August 25th. Citigroup lowered their price objective on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Finally, Wall Street Zen downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research report on Saturday, August 16th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and a consensus target price of $114.63.

BJ’s Wholesale Club Company 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.