BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. lessened its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 99.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 295 shares of the company’s stock after selling 328,131 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in BJ’s Wholesale Club were worth $29,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BJ. Mirabella Financial Services LLP lifted its holdings in shares of BJ’s Wholesale Club by 158.2% in the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock valued at $1,970,000 after buying an additional 12,970 shares during the period. Fieldview Capital Management LLC acquired a new stake in BJ’s Wholesale Club during the third quarter worth about $3,671,000. Congress Asset Management Co. raised its position in BJ’s Wholesale Club by 13.8% during the fourth quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock valued at $30,983,000 after acquiring an additional 41,817 shares in the last quarter. Rathbones Group PLC raised its position in BJ’s Wholesale Club by 872.0% during the third quarter. Rathbones Group PLC now owns 343,107 shares of the company’s stock valued at $31,995,000 after acquiring an additional 307,807 shares in the last quarter. Finally, Prana Capital Management LP raised its position in BJ’s Wholesale Club by 69.3% during the third quarter. Prana Capital Management LP now owns 307,960 shares of the company’s stock valued at $28,717,000 after acquiring an additional 126,057 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the transaction, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares in the company, valued at approximately $1,346,785.11. The trade was a 12.19% 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. Over the last ninety days, insiders sold 26,550 shares of company stock worth $2,435,904. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Down 1.6%

BJ’s Wholesale Club stock opened at $83.84 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The stock has a market capitalization of $10.71 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 3.18 and a beta of 0.23. The business has a 50 day simple moving average of $91.22 and a 200-day simple moving average of $93.97. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $5.44 billion. During the same quarter last year, the firm posted $1.14 EPS. The business’s revenue 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, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on BJ. Bank of America assumed coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective on the stock. Wells Fargo & Company lifted their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. UBS Group reiterated a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Finally, DA Davidson raised their price target on shares of 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 research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $105.27.

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.