Fortis Capital Advisors LLC Has $998,000 Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Fortis Capital Advisors LLC cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 8.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,253 shares of the company’s stock after selling 850 shares during the period. Fortis Capital Advisors LLC’s holdings in BJ’s Wholesale Club were worth $998,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in BJ’s Wholesale Club by 22.0% during the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock worth $58,000 after buying an additional 92 shares in the last quarter. Fulton Bank N.A. grew its stake in BJ’s Wholesale Club by 1.9% during the second quarter. Fulton Bank N.A. now owns 5,174 shares of the company’s stock worth $558,000 after buying an additional 98 shares in the last quarter. Greenleaf Trust grew its stake in BJ’s Wholesale Club by 4.3% during the first quarter. Greenleaf Trust now owns 2,450 shares of the company’s stock worth $280,000 after buying an additional 101 shares in the last quarter. CreativeOne Wealth LLC grew its stake in BJ’s Wholesale Club by 2.9% during the first quarter. CreativeOne Wealth LLC now owns 3,636 shares of the company’s stock worth $415,000 after buying an additional 102 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in BJ’s Wholesale Club by 3.5% during the first quarter. Venturi Wealth Management LLC now owns 3,087 shares of the company’s stock worth $352,000 after buying an additional 104 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Up 1.9%

BJ stock opened at $92.74 on Friday. The firm has a 50-day moving average price of $100.03 and a 200-day moving average price of $107.95. The stock has a market capitalization of $12.22 billion, a P/E ratio of 21.27, a price-to-earnings-growth ratio of 2.43 and a beta of 0.36. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.92 and a 12 month high of $121.10. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.04. The business had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the business earned $1.09 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares in the company, valued at $1,160,073.62. This trade represents a 35.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the transaction, the executive vice president owned 114,127 shares of the company’s stock, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 108,561 shares of company stock valued at $11,735,689. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on BJ. DA Davidson reduced their price objective on shares of BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, August 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BJ’s Wholesale Club in a research note on Saturday, September 27th. Morgan Stanley dropped their target price on shares of BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a report on Monday, August 25th. Wall Street Zen cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Finally, Gordon Haskett cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a report on Friday, August 15th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $114.63.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.