6,250 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Acquired by Inceptionr LLC

Inceptionr LLC acquired a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the second quarter, Holdings Channel.com reports. The fund acquired 6,250 shares of the company’s stock, valued at approximately $674,000.

Several other institutional investors have also added to or reduced their stakes in BJ. Oliver Lagore Vanvalin Investment Group bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $26,000. REAP Financial Group LLC boosted its stake in BJ’s Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after buying an additional 151 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in BJ’s Wholesale Club in the second quarter valued at about $35,000. Quarry LP bought a new position in BJ’s Wholesale Club in the first quarter valued at about $48,000. Finally, Bayforest Capital Ltd raised its stake in BJ’s Wholesale Club by 362.7% during the second quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock worth $51,000 after acquiring an additional 370 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on BJ shares. Morgan Stanley decreased their price target on shares of BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating on the stock in a report on Monday. Jefferies Financial Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 22nd. UBS Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday. Robert W. Baird dropped their price target on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a research note on Monday. Finally, Gordon Haskett lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a research report on Friday, August 15th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.67.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $90.85 on Friday. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 20.93, a P/E/G ratio of 2.50 and a beta of 0.33. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10. The company’s fifty day moving average is $92.06 and its 200 day moving average is $101.61. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The firm had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same period in the previous year, the business earned $1.18 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the transaction, the executive vice president owned 11,617 shares in the company, valued at approximately $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 accessible through this link. Also, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the completion of the sale, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Company Profile

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.