Heartland Advisors Inc. Acquires Shares of 26,982 BJ’s Wholesale Club Holdings, Inc. $BJ

Heartland Advisors Inc. acquired a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 26,982 shares of the company’s stock, valued at approximately $2,353,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. raised its stake in shares of BJ’s Wholesale Club by 57.2% during the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares during the last quarter. BlackRock Inc. purchased a new position in BJ’s Wholesale Club during the 2nd quarter worth $1,087,503,000. Franklin Resources Inc. raised its position in BJ’s Wholesale Club by 12.8% during the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock worth $586,513,000 after buying an additional 737,130 shares during the last quarter. State Street Corp lifted its stake in shares of BJ’s Wholesale Club by 7.7% in the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after acquiring an additional 389,327 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in shares of BJ’s Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after acquiring an additional 179,723 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BJ. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Bank of America started coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price for the company. Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $105.33.

Insiders Place Their Bets

In other news, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total value of $7,303,060.32. Following the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. This represents a 20.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the sale, 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 disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $96.61 on Friday. 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 capitalization of $12.34 billion, a P/E ratio of 21.14, a price-to-earnings-growth ratio of 3.42 and a beta of 0.21. The firm has a 50-day moving average price of $91.50 and a two-hundred day moving average price of $93.77. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period last year, the company posted $1.14 EPS. The company’s revenue 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. As a group, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.68 earnings per share for the current fiscal year.

More BJ’s Wholesale Club News

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
• Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
• Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
• Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement

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.