Tidal Investments LLC Reduces Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Tidal Investments LLC reduced its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 29.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 250,038 shares of the company’s stock after selling 103,090 shares during the quarter. Tidal Investments LLC’s holdings in BJ’s Wholesale Club were worth $21,808,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sei Investments Co. lifted its holdings in shares of BJ’s Wholesale Club by 19.6% in the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock valued at $39,033,000 after purchasing an additional 64,942 shares during the last quarter. Entropy Technologies LP purchased a new position in BJ’s Wholesale Club during the 1st quarter worth approximately $1,135,000. Focus Partners Wealth grew its stake in BJ’s Wholesale Club by 6.2% during the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock worth $47,256,000 after buying an additional 30,095 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in BJ’s Wholesale Club during the second quarter worth approximately $27,242,000. Finally, Reinhart Partners LLC. increased its position 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 buying an additional 12,784 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Up 1.5%

BJ opened at $89.81 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $105.78. The business has a 50 day moving average price of $92.87 and a two-hundred day moving average price of $93.07. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The company has a market cap of $11.34 billion, a PE ratio of 19.65, a P/E/G ratio of 2.60 and a beta of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The business had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current year.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the transaction, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. This represents a 10.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 79,416 shares of company stock worth $7,938,084. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BJ shares. Citigroup increased their price objective on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 24th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. DA Davidson increased their price target on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Finally, JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Hold” and an average target price of $106.06.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ’s also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.