Linden Thomas Advisory Services LLC Sells 3,970 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Linden Thomas Advisory Services LLC lowered its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 26.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,995 shares of the company’s stock after selling 3,970 shares during the period. Linden Thomas Advisory Services LLC’s holdings in BJ’s Wholesale Club were worth $1,186,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc grew its stake in BJ’s Wholesale Club by 22.0% in the 1st quarter. IFP Advisors Inc now owns 510 shares of the company’s stock valued at $58,000 after buying an additional 92 shares in the last quarter. Fulton Bank N.A. grew its position in shares of BJ’s Wholesale Club by 1.9% in the second quarter. Fulton Bank N.A. now owns 5,174 shares of the company’s stock valued at $558,000 after purchasing an additional 98 shares in the last quarter. Louisiana State Employees Retirement System grew its position in shares of BJ’s Wholesale Club by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock valued at $4,000,000 after purchasing an additional 100 shares in the last quarter. Greenleaf Trust raised its stake in shares of BJ’s Wholesale Club by 4.3% during the 1st quarter. Greenleaf Trust now owns 2,450 shares of the company’s stock valued at $280,000 after purchasing an additional 101 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in BJ’s Wholesale Club by 3.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company’s stock worth $361,000 after purchasing an additional 101 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BJ shares. Gordon Haskett lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a report on Friday, August 15th. Morgan Stanley reduced their price objective on shares of BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a research note on Monday, August 25th. BTIG Research began coverage on shares of BJ’s Wholesale Club in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 target price on the stock. DA Davidson cut their price target on shares of BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a report on Monday, August 25th. Finally, Evercore ISI reduced their price target on shares of BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating for the company in a research report on Tuesday, October 7th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.65.

BJ’s Wholesale Club Trading Down 1.9%

Shares of BJ opened at $91.66 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.92 and a 1-year high of $121.10. The company has a market capitalization of $12.08 billion, a P/E ratio of 21.02, a P/E/G ratio of 2.45 and a beta of 0.36. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. The firm’s 50 day simple moving average is $95.81 and its 200 day simple moving average is $105.75.

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

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares of the company’s stock, valued at $1,160,073.62. The trade was 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 hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 114,127 shares in the company, valued at $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. 1.40% of the stock is currently owned by insiders.

About BJ’s Wholesale Club

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.