JSF Financial LLC Increases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

JSF Financial LLC increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,996 shares of the company’s stock after buying an additional 245 shares during the quarter. JSF Financial LLC’s holdings in BJ’s Wholesale Club were worth $1,294,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of BJ’s Wholesale Club in the second quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC bought a new position in BJ’s Wholesale Club during the 1st quarter valued at about $33,000. Ameritas Advisory Services LLC bought a new position in BJ’s Wholesale Club during the 2nd quarter valued at about $35,000. HM Payson & Co. purchased a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $41,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $43,000. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research analyst reports. Citigroup decreased their price target on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Wall Street Zen lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. JPMorgan Chase & Co. reduced their target price on 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. Gordon Haskett cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a report on Friday, August 15th. Finally, UBS Group lowered their price objective on shares of BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, August 25th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $114.63.

BJ’s Wholesale Club Price Performance

BJ opened at $92.74 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.92 and a 12-month high of $121.10. The business’s fifty day simple moving average is $100.03 and its 200-day simple moving average is $107.94. The company has a market capitalization of $12.22 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 2.47 and a beta of 0.36. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $5.49 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 114,127 shares in the company, valued at $12,563,100.16. This represents a 33.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Graham Luce sold 6,300 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the sale, the executive vice president owned 11,617 shares of the company’s stock, valued at $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 108,561 shares of company stock worth $11,735,689. 1.40% of the stock is currently owned by corporate insiders.

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.