FinArc Investments Inc. Makes New $3.88 Million Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

FinArc Investments Inc. purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 39,395 shares of the company’s stock, valued at approximately $3,877,000. BJ’s Wholesale Club makes up approximately 3.7% of FinArc Investments Inc.’s holdings, making the stock its 6th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Reinhart Partners LLC. lifted its stake in BJ’s Wholesale Club by 30.7% during the fourth quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after purchasing an additional 12,784 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at $6,780,000. Focus Partners Wealth increased its stake in shares of BJ’s Wholesale Club by 6.2% in the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock valued at $47,256,000 after purchasing an additional 30,095 shares during the last quarter. Sei Investments Co. raised its holdings in shares of BJ’s Wholesale Club by 19.6% during the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after buying an additional 64,942 shares in the last quarter. Finally, Kirr Marbach & Co. LLC IN acquired a new position in shares of BJ’s Wholesale Club during the 4th quarter worth $4,530,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $98.82 on Friday. 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 Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $110.92. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 22.72, a P/E/G ratio of 3.73 and a beta of 0.22. The company’s fifty day moving average is $89.37 and its 200 day moving average is $93.68.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.BJ’s Wholesale Club’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 earnings per share. 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 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on BJ shares. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. JPMorgan Chase & Co. increased their target price 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. UBS Group restated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.93.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

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.