BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC cut its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 13.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,413 shares of the company’s stock after selling 5,649 shares during the period. NewEdge Wealth LLC’s holdings in BJ’s Wholesale Club were worth $3,584,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. BOK Financial Private Wealth Inc. purchased a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Parkside Financial Bank & Trust lifted its holdings in shares of BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of BJ’s Wholesale Club during the third quarter worth $34,000. Finally, Leonteq Securities AG purchased a new position in BJ’s Wholesale Club in the 4th quarter valued at $43,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by company insiders.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $92.85 on Friday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $110.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The business has a fifty day moving average of $89.25 and a two-hundred day moving average of $93.46. The company has a market cap of $11.86 billion, a P/E ratio of 21.34, a price-to-earnings-growth ratio of 3.40 and a beta of 0.22.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the firm earned $1.14 EPS. The business’s revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on BJ. UBS Group reissued a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Citigroup reduced their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Bank of America began coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.27.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.