BJ’s Wholesale Club (NYSE:BJ) CEO Sells 12,400 Shares of Company Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 12,400 shares of the stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $100.18, for a total value of $1,242,232.00. Following the transaction, the chief executive officer owned 266,330 shares of the company’s stock, valued at $26,680,939.40. This represents a 4.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ traded down $0.30 during midday trading on Thursday, reaching $103.09. 2,819,693 shares of the company traded hands, compared to its average volume of 2,031,376. The firm has a market cap of $13.02 billion, a PE ratio of 22.56, a PEG ratio of 3.04 and a beta of 0.17. The stock’s 50-day simple moving average is $94.10 and its 200-day simple moving average is $92.64. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $106.04. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share 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 2.62%. The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period last year, the firm posted $1.14 EPS. The business’s revenue was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BJ. DA Davidson set a $108.00 price objective on BJ’s Wholesale Club in a research report on Thursday, October 8th. UBS Group raised 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 note on Monday, August 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. William Blair downgraded BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Finally, Citigroup raised their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.06.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several large investors have recently modified their holdings of BJ. BlackRock Inc. bought a new position in shares of BJ’s Wholesale Club during the 2nd quarter valued at about $1,087,503,000. Bank of New York Mellon Corp acquired a new position in shares of BJ’s Wholesale Club during the second quarter worth about $179,649,000. Bank of America Corp DE bought a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $108,684,000. Primecap Management Co. CA acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at approximately $70,452,000. Finally, TimesSquare Capital Management LLC acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at approximately $60,127,000. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members 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.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.