Nicholas Company Inc. Decreases Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Nicholas Company Inc. trimmed its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 192,994 shares of the company’s stock after selling 10,895 shares during the quarter. Nicholas Company Inc.’s holdings in BJ’s Wholesale Club were worth $17,375,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. C WorldWide Group Holding A S bought a new position in BJ’s Wholesale Club during the 4th quarter valued at about $8,933,000. Colonial River Investments LLC grew its holdings in BJ’s Wholesale Club by 7.1% during the 4th quarter. Colonial River Investments LLC now owns 4,657 shares of the company’s stock valued at $419,000 after purchasing an additional 307 shares during the last quarter. Ethic Inc. grew its holdings in BJ’s Wholesale Club by 1.4% during the 4th quarter. Ethic Inc. now owns 16,669 shares of the company’s stock valued at $1,501,000 after purchasing an additional 224 shares during the last quarter. International Assets Investment Management LLC grew its holdings in BJ’s Wholesale Club by 93.9% during the 4th quarter. International Assets Investment Management LLC now owns 4,772 shares of the company’s stock valued at $430,000 after purchasing an additional 2,311 shares during the last quarter. Finally, Diversify Wealth Management LLC grew its holdings in BJ’s Wholesale Club by 5.6% during the 4th quarter. Diversify Wealth Management LLC now owns 17,999 shares of the company’s stock valued at $1,717,000 after purchasing an additional 962 shares during the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a report on Friday, January 23rd. Citigroup reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. Wells Fargo & Company upped their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. The Goldman Sachs Group cut their price target on shares of BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, DA Davidson upped their price target on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $107.63.

Insider Activity

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $92.84 on Monday. The company has a 50 day moving average price of $95.85 and a 200-day moving average price of $94.28. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $120.08. The stock has a market capitalization of $11.85 billion, a PE ratio of 21.20, a PEG ratio of 3.22 and a beta of 0.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.75.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The firm had revenue of $5.58 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The company’s revenue was up 5.6% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.52 earnings per share for the current fiscal year.

BJ’s Wholesale Club Company Profile

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.