BJ’s Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 73,016 Shares of Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 73,016 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the sale, the chief executive officer owned 282,330 shares in the company, valued at $28,238,646.60. This represents a 20.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $97.84 on Friday. The firm has a market cap of $12.49 billion, a PE ratio of 22.49, a P/E/G ratio of 3.67 and a beta of 0.22. 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 firm has a fifty day simple moving average of $89.60 and a two-hundred day simple moving average of $93.71. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92.

BJ’s Wholesale Club (NYSE:BJ) last released 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. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the business posted $1.14 EPS. The company’s revenue for the quarter 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. On average, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. BOK Financial Private Wealth Inc. purchased a new stake in BJ’s Wholesale Club in the 4th quarter worth $25,000. Strive Financial Group LLC bought a new position in shares of BJ’s Wholesale Club in the fourth quarter worth about $25,000. Essential Partners LLC grew its position in shares of BJ’s Wholesale Club by 81.2% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in BJ’s Wholesale Club during the 3rd quarter valued at approximately $34,000. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

BJ has been the subject of a number of recent research reports. Citigroup cut their price target on 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. Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. Bank of America started coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target on the stock. Finally, JPMorgan Chase & Co. lifted 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 research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus price target of $105.93.

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.