Gibbs Wealth Management Buys 5,410 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Gibbs Wealth Management boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 187.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,294 shares of the company’s stock after purchasing an additional 5,410 shares during the quarter. Gibbs Wealth Management’s holdings in BJ’s Wholesale Club were worth $816,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. First Citizens Bank & Trust Co. boosted its holdings in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after buying an additional 105 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock worth $1,155,000 after buying an additional 108 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of BJ’s Wholesale Club by 0.6% during the 4th quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock worth $1,665,000 after acquiring an additional 113 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of BJ’s Wholesale Club by 2.6% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock worth $465,000 after acquiring an additional 129 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in BJ’s Wholesale Club by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company’s stock valued at $902,000 after acquiring an additional 130 shares during the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Up 1.7%

NYSE:BJ opened at $92.85 on Friday. The company has a market cap of $11.86 billion, a PE ratio of 21.34, a P/E/G ratio of 3.40 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $110.92. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $89.25 and its two-hundred day moving average is $93.46.

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

Wall Street Analyst Weigh In

BJ has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Bank of America assumed coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. Citigroup lowered their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, UBS Group reaffirmed a “buy” rating and set a $109.00 target price on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus target price of $105.27.

Insider Activity

In related news, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

BJ’s Wholesale Club Company 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.