Focus Partners Wealth Purchases 30,095 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Focus Partners Wealth raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.2% in the fourth quarter, HoldingsChannel reports. The firm owned 517,731 shares of the company’s stock after acquiring an additional 30,095 shares during the period. Focus Partners Wealth’s holdings in BJ’s Wholesale Club were worth $47,256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BJ. Victory Capital Management Inc. raised its position in BJ’s Wholesale Club by 57.2% during the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. Norges Bank bought a new stake in BJ’s Wholesale Club during the 4th quarter valued at $151,765,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in BJ’s Wholesale Club during the 3rd quarter valued at $110,523,000. State Street Corp raised its position in BJ’s Wholesale Club by 25.4% during the 3rd quarter. State Street Corp now owns 5,082,478 shares of the company’s stock valued at $473,941,000 after purchasing an additional 1,028,779 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in BJ’s Wholesale Club by 32.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock valued at $305,192,000 after purchasing an additional 809,890 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Transactions at BJ’s Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 20,471 shares in the company, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robert W. Eddy sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the transaction, the chief executive officer owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,550 shares of company stock worth $2,435,905 over the last three months. 1.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Citigroup dropped their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Bank of America began coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. Finally, DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Hold” and a consensus price target of $105.27.

BJ’s Wholesale Club Stock Down 1.0%

NYSE:BJ opened at $90.16 on Tuesday. The company’s 50 day moving average is $92.17 and its two-hundred day moving average is $94.12. 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 has a market cap of $11.51 billion, a PE ratio of 20.73, a P/E/G ratio of 3.39 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.65 and a twelve month high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $5.44 billion. During the same period last year, the business posted $1.14 earnings per share. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. 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.

About BJ’s Wholesale Club

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.