BJ’s Wholesale Club Holdings, Inc. $BJ Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp boosted its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5,093.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,323 shares of the company’s stock after buying an additional 84,661 shares during the period. Fifth Third Bancorp’s holdings in BJ’s Wholesale Club were worth $8,496,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BJ. Elevated Capital Advisors LLC raised its position in shares of BJ’s Wholesale Club by 15.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,050 shares of the company’s stock worth $103,000 after buying an additional 142 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its stake in shares of BJ’s Wholesale Club by 1.2% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 21,470 shares of the company’s stock worth $2,113,000 after acquiring an additional 252 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of BJ’s Wholesale Club by 1.9% in the first quarter. Oregon Public Employees Retirement Fund now owns 26,814 shares of the company’s stock valued at $2,639,000 after acquiring an additional 500 shares in the last quarter. Sage Rhino Capital LLC bought a new position in shares of BJ’s Wholesale Club in the first quarter valued at approximately $219,000. Finally, Ascentis Independent Advisors raised its holdings in BJ’s Wholesale Club by 10.6% during the first quarter. Ascentis Independent Advisors now owns 2,870 shares of the company’s stock worth $282,000 after purchasing an additional 275 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Trading Up 0.6%

NYSE:BJ opened at $90.24 on Thursday. The stock has a fifty day simple moving average of $89.42 and a 200 day simple moving average of $93.40. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 3.34 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the company earned $1.14 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Bank of America assumed coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Citigroup lowered their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. UBS Group reiterated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. upped their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club has a consensus rating of “Hold” and an average target price of $105.27.

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.