Key Points
- EVP Scott Schmadeke sold 16,500 shares of BJ's Wholesale Club on June 10 at an average price of $92.17, totaling about $1.52 million. After the sale, he still held 20,471 shares, cutting his ownership by 44.63%.
- BJ's recently beat earnings and revenue estimates for the quarter, reporting EPS of $1.10 versus the $1.04 consensus and revenue of $5.66 billion versus expectations of $5.44 billion. Quarterly revenue rose 9.9% year over year.
- Analysts are mixed but broadly cautious on the stock, with a consensus rating of “Hold” and a consensus price target of $105.27. Institutional ownership remains high at 98.60%.
BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP Scott Schmadeke sold 16,500 shares of the company's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president directly owned 20,471 shares in the company, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
BJ's Wholesale Club Stock Performance
NYSE BJ opened at $90.95 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The firm's fifty day moving average price is $92.33 and its two-hundred day moving average price is $94.07. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $83.65 and a 1 year high of $115.43. The firm has a market capitalization of $11.61 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 3.39 and a beta of 0.23.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.
Analysts Set New Price Targets
A number of research firms have issued reports on BJ. UBS Group reissued a "buy" rating and issued a $109.00 price objective on shares of BJ's Wholesale Club in a report on Tuesday, May 26th. William Blair reissued a "mixed" rating on shares of BJ's Wholesale Club in a report on Thursday, March 5th. JPMorgan Chase & Co. raised their target price on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the company a "neutral" rating in a report on Tuesday, May 26th. Evercore reissued a "positive" rating on shares of BJ's Wholesale Club in a report on Thursday, March 5th. Finally, DA Davidson lifted 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 research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BJ's Wholesale Club currently has a consensus rating of "Hold" and a consensus target price of $105.27.
Read Our Latest Stock Analysis on BJ
Institutional Trading of BJ's Wholesale Club
Several hedge funds have recently modified their holdings of BJ. Ossiam bought a new stake in shares of BJ's Wholesale Club in the 2nd quarter valued at $100,000. Daiwa Securities Group Inc. increased its stake in BJ's Wholesale Club by 81.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company's stock valued at $736,000 after purchasing an additional 3,054 shares in the last quarter. AXA S.A. bought a new stake in BJ's Wholesale Club during the 2nd quarter valued at $1,094,000. Sei Investments Co. increased its stake in BJ's Wholesale Club by 31.5% during the 2nd quarter. Sei Investments Co. now owns 276,115 shares of the company's stock valued at $29,773,000 after purchasing an additional 66,204 shares in the last quarter. Finally, BNP Paribas bought a new stake in BJ's Wholesale Club during the 2nd quarter valued at $105,000. Institutional investors own 98.60% of the company's stock.
About BJ's Wholesale Club
(
Get Free Report)
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.
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