Quantitative Investment Management LLC Makes New Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Quantitative Investment Management LLC acquired a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,520 shares of the company’s stock, valued at approximately $917,000.

A number of other large investors have also recently made changes to their positions in BJ. Sheets Smith Wealth Management increased its position in shares of BJ’s Wholesale Club by 4.5% in the 2nd quarter. Sheets Smith Wealth Management now owns 3,796 shares of the company’s stock valued at $331,000 after acquiring an additional 163 shares during the period. Van ECK Associates Corp lifted its position in BJ’s Wholesale Club by 0.4% during the 2nd quarter. Van ECK Associates Corp now owns 109,114 shares of the company’s stock worth $9,517,000 after acquiring an additional 443 shares during the period. Wellington Management Group LLP grew its stake in BJ’s Wholesale Club by 15.4% during the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after purchasing an additional 436,827 shares during the last quarter. United Capital Financial Advisors LLC purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at about $246,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at about $3,209,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BJ shares. DA Davidson raised their price objective on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. increased their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Citigroup raised their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, William Blair downgraded shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $106.06.

Insiders Place Their Bets

In other news, CEO Robert W. Eddy sold 4,900 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the sale, the chief executive officer owned 274,330 shares of the company’s stock, valued at $27,435,743.30. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the sale, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 95,916 shares of company stock worth $9,458,889. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $91.56 on Wednesday. The firm has a market capitalization of $11.57 billion, a P/E ratio of 20.04, a PEG ratio of 2.67 and a beta of 0.21. The stock has a 50-day simple moving average of $92.36 and a two-hundred day simple moving average of $93.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The company’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

BJ’s Wholesale Club 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.