XTX Topco Ltd Purchases 29,900 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

XTX Topco Ltd increased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 164.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,099 shares of the company’s stock after buying an additional 29,900 shares during the quarter. XTX Topco Ltd’s holdings in BJ’s Wholesale Club were worth $5,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in BJ. IFP Advisors Inc raised its stake in shares of BJ’s Wholesale Club by 22.0% during the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock valued at $58,000 after acquiring an additional 92 shares during the last quarter. Cetera Investment Advisers increased its holdings in BJ’s Wholesale Club by 17.6% in the first quarter. Cetera Investment Advisers now owns 43,442 shares of the company’s stock valued at $4,957,000 after purchasing an additional 6,504 shares during the period. HB Wealth Management LLC raised its position in BJ’s Wholesale Club by 39.1% during the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $393,000 after purchasing an additional 967 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in BJ’s Wholesale Club by 4.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,699 shares of the company’s stock worth $3,959,000 after buying an additional 1,596 shares during the period. Finally, LPL Financial LLC lifted its holdings in BJ’s Wholesale Club by 29.8% during the 1st quarter. LPL Financial LLC now owns 163,719 shares of the company’s stock worth $18,680,000 after buying an additional 37,626 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the transaction, the executive vice president directly owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the sale, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. The trade was a 5.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock opened at $87.99 on Tuesday. The firm has a 50 day moving average of $92.57 and a 200-day moving average of $101.94. The company has a market cap of $11.59 billion, a price-to-earnings ratio of 20.27, a price-to-earnings-growth ratio of 2.43 and a beta of 0.33. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $86.68 and a 52 week high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. The business had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.35 billion. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. BJ’s Wholesale Club’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.18 earnings per share. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Wall Street Analyst Weigh In

BJ has been the subject of several recent research reports. Weiss Ratings cut BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday. Citigroup dropped their price target on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a research report 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 objective for the company. in a research report on Friday, August 15th. Finally, Robert W. Baird dropped their target price on shares of BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating on the stock in a report on Monday. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $111.67.

About BJ’s Wholesale Club

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.