BJ’s Wholesale Club Holdings, Inc. $BJ Shares Purchased by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 110.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,245 shares of the company’s stock after buying an additional 4,321 shares during the quarter. Daymark Wealth Partners LLC’s holdings in BJ’s Wholesale Club were worth $889,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in BJ’s Wholesale Club during the second quarter valued at approximately $26,000. REAP Financial Group LLC raised its stake in BJ’s Wholesale Club by 152.5% during the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after buying an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new stake in BJ’s Wholesale Club during the first quarter valued at approximately $33,000. Ameritas Advisory Services LLC acquired a new stake in BJ’s Wholesale Club during the second quarter valued at approximately $35,000. Finally, HM Payson & Co. bought a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $41,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.6%

NYSE:BJ opened at $89.39 on Friday. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 2.40 and a beta of 0.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.92 and a 1 year high of $121.10. The business has a fifty day moving average of $94.66 and a 200-day moving average of $105.14.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. BTIG Research assumed coverage on BJ’s Wholesale Club in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 target price for the company. Evercore ISI lowered their target price on BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating for the company in a report on Tuesday, October 7th. 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. DA Davidson lowered their target price on 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, Citigroup lowered their target price on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, August 25th. Ten equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.65.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 6,300 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the sale, the executive vice president directly owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. This represents a 35.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Company Profile

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.