Engineers Gate Manager LP Purchases 299,532 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Engineers Gate Manager LP raised its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 10,728.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 302,324 shares of the company’s stock after purchasing an additional 299,532 shares during the quarter. Engineers Gate Manager LP’s holdings in BJ’s Wholesale Club were worth $26,369,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BJ. Integrated Wealth Concepts LLC grew its stake in shares of BJ’s Wholesale Club by 112.7% during the second quarter. Integrated Wealth Concepts LLC now owns 11,286 shares of the company’s stock valued at $984,000 after buying an additional 5,981 shares during the last quarter. Maven Securities LTD purchased a new position in BJ’s Wholesale Club during the 2nd quarter valued at $3,221,000. NewEdge Advisors LLC grew its position in BJ’s Wholesale Club by 59.6% in the 2nd quarter. NewEdge Advisors LLC now owns 7,459 shares of the company’s stock valued at $651,000 after acquiring an additional 2,786 shares during the last quarter. IFP Advisors Inc grew its position in BJ’s Wholesale Club by 6.5% in the 2nd quarter. IFP Advisors Inc now owns 10,502 shares of the company’s stock valued at $916,000 after acquiring an additional 642 shares during the last quarter. Finally, Squarepoint Ops LLC increased its stake in BJ’s Wholesale Club by 65.9% in the second quarter. Squarepoint Ops LLC now owns 363,030 shares of the company’s stock worth $31,663,000 after purchasing an additional 144,197 shares during the period. Institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BJ. William Blair lowered shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Wall Street Zen raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, August 24th. UBS Group boosted their price objective on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $106.06.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $88.57 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock’s fifty day moving average price is $92.86 and its 200-day moving average price is $93.12. The firm has a market cap of $11.19 billion, a P/E ratio of 19.38, a P/E/G ratio of 2.64 and a beta of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In other news, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the transaction, the senior vice president directly owned 13,269 shares in the company, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert W. Eddy sold 4,900 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the transaction, the chief executive officer directly owned 274,330 shares in the company, valued at approximately $27,435,743.30. The trade was a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 79,416 shares of company stock valued at $7,938,084 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club 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.