Rathbones Group PLC Reduces Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Rathbones Group PLC reduced its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.2% during the 4th quarter, Holdings Channel reports. The fund owned 328,601 shares of the company’s stock after selling 14,506 shares during the period. Rathbones Group PLC’s holdings in BJ’s Wholesale Club were worth $29,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Mirabella Financial Services LLP boosted its holdings in shares of BJ’s Wholesale Club by 158.2% in the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock valued at $1,970,000 after acquiring an additional 12,970 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of BJ’s Wholesale Club by 22.4% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after acquiring an additional 18,288 shares during the last quarter. Fieldview Capital Management LLC purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at $3,671,000. Congress Asset Management Co. boosted its holdings in shares of BJ’s Wholesale Club by 13.8% in the 4th quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock valued at $30,983,000 after acquiring an additional 41,817 shares during the last quarter. Finally, Amica Mutual Insurance Co. boosted its holdings in shares of BJ’s Wholesale Club by 18.9% in the 3rd quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock valued at $11,054,000 after acquiring an additional 18,876 shares during the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ opened at $95.25 on Thursday. The company’s fifty day moving average price is $95.25 and its 200 day moving average price is $94.43. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $86.68 and a 1 year high of $120.08. The company has a market capitalization of $12.16 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 3.36 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 (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the prior year, the firm posted $0.93 earnings per share. The firm’s quarterly 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. On average, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BJ. DA Davidson upped their price objective 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. JPMorgan Chase & Co. dropped their price objective on shares of BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a report on Friday, January 23rd. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Finally, Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club presently has an average rating of “Hold” and an average price target of $107.53.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the transaction, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares in the company, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

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.