Teacher Retirement System of Texas Acquires 91,661 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Teacher Retirement System of Texas lifted its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 22.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 506,635 shares of the company’s stock after acquiring an additional 91,661 shares during the period. Teacher Retirement System of Texas owned approximately 0.38% of BJ’s Wholesale Club worth $54,630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BJ. Oliver Lagore Vanvalin Investment Group bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth about $26,000. REAP Financial Group LLC raised its position in shares of BJ’s Wholesale Club by 152.5% in the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new position in shares of BJ’s Wholesale Club in the 1st quarter worth about $33,000. Ameritas Advisory Services LLC bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth about $35,000. Finally, HM Payson & Co. bought a new position in shares of BJ’s Wholesale Club in the 1st quarter worth about $41,000. 98.60% of the stock is owned by institutional investors.

Insider Transactions at BJ’s Wholesale Club

In other news, EVP Paul Cichocki sold 58,436 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $110.08, for a total value of $6,432,634.88. Following the transaction, the executive vice president owned 114,127 shares in the company, valued at $12,563,100.16. The trade was a 33.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was 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. The trade was a 35.16% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BJ. Weiss Ratings restated a “hold (c+)” rating on shares of BJ’s Wholesale Club in a research note on Friday. Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a research note on Friday, August 15th. BTIG Research began coverage on BJ’s Wholesale Club in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price for the company. Evercore ISI reduced their target price on BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating for the company in a research note on Tuesday, October 7th. Finally, Morgan Stanley reduced their target price on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a research note on Monday, August 25th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus price target of $114.65.

BJ’s Wholesale Club Price Performance

BJ stock opened at $91.66 on Monday. The company has a market capitalization of $12.08 billion, a P/E ratio of 21.02, a price-to-earnings-growth ratio of 2.45 and a beta of 0.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.92 and a 52-week high of $121.10. The business has a 50-day simple moving average of $95.81 and a two-hundred day simple moving average of $105.75.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results 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 the consensus estimate of $5.49 billion. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The company’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

BJ’s Wholesale Club 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.