Vise Technologies Inc. purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 9,568 shares of the company’s stock, valued at approximately $835,000.
Other hedge funds have also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. acquired a new stake in BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Strive Financial Group LLC acquired a new position in shares of BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its position in shares of BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the period. Essential Partners LLC lifted its holdings in shares of BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth $34,000. Institutional investors and hedge funds own 98.60% of the company’s stock.
BJ’s Wholesale Club Stock Up 0.2%
BJ stock opened at $96.61 on Monday. The firm has a market capitalization of $12.34 billion, a PE ratio of 21.14, a P/E/G ratio of 3.30 and a beta of 0.21. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The stock’s 50 day moving average is $91.50 and its 200-day moving average is $93.78.
Wall Street Analysts Forecast Growth
BJ has been the subject of several research reports. Bank of America assumed coverage on shares of 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. DA Davidson set a $105.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, August 18th. JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. William Blair cut shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Finally, Citigroup decreased their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $105.33.
Insiders Place Their Bets
In other news, CEO Robert W. Eddy sold 73,016 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the completion of the sale, the chief executive officer 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 document filed with the SEC, which is available at this hyperlink. 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 dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by insiders.
BJ’s Wholesale Club News Summary
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.
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