BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP Laura Felice sold 10,000 shares of BJ's Wholesale Club stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $110.53, for a total value of $1,105,300.00. Following the sale, the executive vice president directly owned 84,416 shares in the company, valued at $9,330,500.48. The trade was a 10.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
BJ's Wholesale Club Stock Performance
NYSE:BJ opened at $110.94 on Thursday. The stock has a market cap of $14.01 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 3.21 and a beta of 0.12. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock's 50-day moving average is $97.32 and its 200-day moving average is $94.74. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $112.55.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The firm's revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current year.
Institutional Investors Weigh In On BJ's Wholesale Club
A number of institutional investors have recently modified their holdings of BJ. AlphaCore Capital LLC raised its stake in BJ's Wholesale Club by 23.1% during the third quarter. AlphaCore Capital LLC now owns 6,226 shares of the company's stock worth $573,000 after buying an additional 1,169 shares during the last quarter. Fulcrum Asset Management LLP acquired a new position in BJ's Wholesale Club in the third quarter valued at $26,000. Hohimer Wealth Management LLC bought a new stake in BJ's Wholesale Club during the third quarter valued at $4,255,000. Ethic Inc. boosted its position in BJ's Wholesale Club by 3.5% during the third quarter. Ethic Inc. now owns 25,738 shares of the company's stock valued at $2,368,000 after acquiring an additional 877 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in BJ's Wholesale Club by 35.2% during the third quarter. Parallel Advisors LLC now owns 4,651 shares of the company's stock valued at $428,000 after acquiring an additional 1,212 shares during the last quarter. 98.60% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
BJ has been the topic of a number of research reports. Weiss Ratings raised shares of BJ's Wholesale Club from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Citigroup raised their price target on shares of BJ's Wholesale Club from $100.00 to $111.00 and gave the company a "buy" rating in a research note on Monday, August 24th. Wall Street Zen lowered shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. The Goldman Sachs Group reiterated a "buy" rating on shares of BJ's Wholesale Club in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BJ's Wholesale Club in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $106.06.
Get Our Latest Research Report on BJ
About BJ's Wholesale Club
(
Get Free Report)
BJ's Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.
BJ's also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
