BJ’s Wholesale Club Holdings, Inc. $BJ Stock Position Raised by Impax Asset Management Group plc

Impax Asset Management Group plc increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 7.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,094 shares of the company’s stock after acquiring an additional 9,139 shares during the quarter. Impax Asset Management Group plc owned approximately 0.10% of BJ’s Wholesale Club worth $13,920,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Brown Advisory Inc. bought a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $258,000. Ballentine Partners LLC acquired a new position in BJ’s Wholesale Club during the 1st quarter valued at approximately $259,000. Schechter Investment Advisors LLC bought a new position in BJ’s Wholesale Club during the 1st quarter worth $208,000. CWM LLC increased its position in BJ’s Wholesale Club by 202.6% in the first quarter. CWM LLC now owns 18,872 shares of the company’s stock worth $2,153,000 after buying an additional 12,636 shares during the period. Finally, Apollon Wealth Management LLC bought a new stake in BJ’s Wholesale Club in the first quarter valued at $237,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ opened at $93.89 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.92 and a 1 year high of $121.10. The firm has a market cap of $12.37 billion, a P/E ratio of 21.53, a PEG ratio of 2.49 and a beta of 0.33. The stock has a fifty day moving average price of $93.53 and a two-hundred day moving average price of $103.42. 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 (NYSE:BJ) last announced its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.04. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The business had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.49 billion. During the same quarter in the prior year, the firm posted $1.09 earnings per share. The company’s revenue was up 3.2% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday. 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 research report on Friday, August 15th. Weiss Ratings cut BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Finally, DA Davidson lowered their target price on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and a consensus target price of $112.18.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the sale, the executive vice president directly owned 11,617 shares of the company’s stock, valued at $1,160,073.62. The trade was a 35.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the transaction, the chief executive officer owned 296,735 shares in the company, valued at $26,620,096.85. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.40% of the company’s stock.

About BJ’s Wholesale Club

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.