BJ’s Wholesale Club (NYSE:BJ) CEO Sells $490,049.00 in Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 4,900 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $100.01, for a total value of $490,049.00. Following the transaction, the chief executive officer owned 274,330 shares in the company, valued at $27,435,743.30. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $90.68 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $105.78. The company has a fifty day moving average price of $92.11 and a two-hundred day moving average price of $93.64. The company has a market cap of $11.45 billion, a PE ratio of 19.84, a P/E/G ratio of 3.05 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the prior year, the company earned $1.14 earnings per share. The firm’s revenue 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. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

Institutional Trading of BJ’s Wholesale Club

Hedge funds have recently bought and sold shares of the company. BOK Financial Private Wealth Inc. bought a new position in BJ’s Wholesale Club in the 4th quarter worth about $25,000. Strive Financial Group LLC bought a new stake in shares of BJ’s Wholesale Club during the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust boosted its position in shares of BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after buying an additional 173 shares during the period. Quantbot Technologies LP acquired a new position in shares of BJ’s Wholesale Club during the second quarter worth approximately $28,000. Finally, Essential Partners LLC grew its holdings in BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after buying an additional 130 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on BJ shares. JPMorgan Chase & Co. raised their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Wednesday, July 29th. William Blair cut BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. DA Davidson raised their price target on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday. Ten research 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.06.

About BJ’s Wholesale Club

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.