Key Points
- BJ’s Wholesale Club EVP William Werner sold 3,000 shares at an average price of $95, generating $285,000; he retained 50,160 shares after the transaction.
- The company reported strong quarterly results, with EPS of $1.36 beating estimates by $0.19 and revenue rising 15.7% year over year to $6.23 billion.
- Analyst sentiment is mixed: BJ has a consensus “Hold” rating and a $106.06 price target, while institutional investors collectively own 98.6% of the stock.
BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP William Werner sold 3,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $95.00, for a total transaction of $285,000.00. Following the sale, the executive vice president directly owned 50,160 shares of the company's stock, valued at $4,765,200. This represents a 5.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
BJ's Wholesale Club Stock Up 0.8%
Shares of NYSE BJ opened at $95.13 on Friday. The company has a market capitalization of $12.02 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 2.77 and a beta of 0.17. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $105.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The company's 50 day moving average price is $93.85 and its 200-day moving average price is $92.60.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same period in the prior year, the firm posted $1.14 EPS. The company's quarterly revenue was up 15.7% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 4.7 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. CX Institutional boosted its position in shares of BJ's Wholesale Club by 3,006.9% during the 3rd quarter. CX Institutional now owns 901 shares of the company's stock worth $83,000 after purchasing an additional 872 shares in the last quarter. Versant Capital Management Inc increased its position in BJ's Wholesale Club by 63.1% in the 3rd quarter. Versant Capital Management Inc now owns 796 shares of the company's stock valued at $73,000 after buying an additional 308 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in BJ's Wholesale Club by 9.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,305 shares of the company's stock valued at $637,000 after buying an additional 610 shares in the last quarter. Engineers Gate Manager LP increased its position in BJ's Wholesale Club by 10,728.2% in the 2nd quarter. Engineers Gate Manager LP now owns 302,324 shares of the company's stock valued at $26,369,000 after buying an additional 299,532 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in BJ's Wholesale Club by 112.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,286 shares of the company's stock worth $984,000 after buying an additional 5,981 shares during the period. Institutional investors and hedge funds own 98.60% of the company's stock.
Analysts Set New Price Targets
A number of analysts have commented on the stock. UBS Group upped their price target on shares of BJ's Wholesale Club from $109.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Roth Capital reissued a "neutral" rating and issued a $97.00 price objective on shares of BJ's Wholesale Club in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BJ's Wholesale Club in a research note on Friday, August 14th. Gordon Haskett upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. Finally, William Blair cut BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research note on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BJ's Wholesale Club has a consensus rating of "Hold" and a consensus price target of $106.06.
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BJ's Wholesale Club Company Profile
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BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ's Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.
The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.
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