BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.4% during the second quarter, Holdings Channel reports. The fund owned 65,670 shares of the company’s stock after selling 2,316 shares during the quarter. Mutual of America Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $7,081,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth about $26,000. REAP Financial Group LLC increased its stake in BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after buying an additional 151 shares during the period. Atlantic Edge Private Wealth Management LLC acquired a new position in BJ’s Wholesale Club during the 1st quarter valued at about $33,000. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the 2nd quarter valued at about $35,000. Finally, HM Payson & Co. acquired a new position in BJ’s Wholesale Club during the 1st quarter valued at about $41,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $93.93 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.92 and a one year high of $121.10. The company has a 50-day moving average of $96.70 and a two-hundred day moving average of $106.30. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 2.51 and a beta of 0.36. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, August 22nd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.10 by $0.04. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.49 billion. During the same period last year, the company posted $1.09 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on BJ. JPMorgan Chase & Co. lowered their target price on shares of BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a research note on Monday, August 25th. Jefferies Financial Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 22nd. Gordon Haskett cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a research note on Friday, August 15th. Morgan Stanley lowered their target price on shares of BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday, August 25th. Finally, Citigroup lowered their target price on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday, August 25th. Ten investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.65.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Graham Luce sold 6,300 shares of the firm’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 transaction of $629,118.00. Following the completion of the sale, the executive vice president directly owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Paul Cichocki sold 58,436 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the sale, the executive vice president owned 114,127 shares of the company’s stock, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.