Deutsche Bank AG Acquires Shares of 22,096 BJ’s Wholesale Club Holdings, Inc. $BJ

Deutsche Bank AG bought a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,096 shares of the company’s stock, valued at approximately $1,927,000.

Several other hedge funds have also recently made changes to their positions in the company. TimesSquare Capital Management LLC bought a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth $60,127,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in BJ’s Wholesale Club in the 2nd quarter worth about $37,000. OneDigital Investment Advisors LLC bought a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $1,692,000. Simplicity Wealth LLC bought a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $234,000. Finally, Global Retirement Partners LLC purchased a new stake in BJ’s Wholesale Club during the second quarter valued at about $391,000. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BJ. DA Davidson increased their target price on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target on the stock. Roth Capital reaffirmed a “neutral” rating and issued a $97.00 price objective on shares of BJ’s Wholesale Club in a report on Monday, August 24th. UBS Group lifted their price objective on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, JPMorgan Chase & Co. boosted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.06.

BJ’s Wholesale Club Stock Up 0.2%

BJ stock opened at $90.68 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $11.45 billion, a PE ratio of 19.84, a PEG ratio of 3.05 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The stock has a 50-day simple moving average of $92.11 and a two-hundred day simple moving average of $93.64.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the prior year, the firm posted $1.14 earnings per share. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 4,900 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the transaction, the chief executive officer directly owned 274,330 shares in the company, valued at $27,435,743.30. The trade was a 1.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares in the company, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 95,916 shares of company stock valued at $9,458,889. Company insiders own 1.10% of the company’s stock.

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.