Strs Ohio Acquires 33,506 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Strs Ohio raised its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 30.2% in the 4th quarter, Holdings Channel reports. The firm owned 144,631 shares of the company’s stock after purchasing an additional 33,506 shares during the quarter. Strs Ohio’s holdings in BJ’s Wholesale Club were worth $13,021,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BJ. Davis Capital Management bought a new position in shares of BJ’s Wholesale Club in the third quarter worth about $28,000. Eastern Bank purchased a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $29,000. Root Financial Partners LLC purchased a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $29,000. Sunbelt Securities Inc. bought a new position in BJ’s Wholesale Club in the 3rd quarter worth about $34,000. Finally, Blue Trust Inc. grew its stake in BJ’s Wholesale Club by 42.9% in the 4th quarter. Blue Trust Inc. now owns 713 shares of the company’s stock worth $64,000 after acquiring an additional 214 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,050 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president directly owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the transaction, the chief executive officer directly owned 306,330 shares in the company, valued at $27,882,156.60. This represents a 2.55% 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. 1.40% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Stock Up 1.1%

Shares of NYSE BJ opened at $94.57 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $86.68 and a 12-month high of $120.33. The stock’s fifty day simple moving average is $96.11 and its two-hundred day simple moving average is $94.29. The stock has a market capitalization of $12.26 billion, a PE ratio of 21.59, a price-to-earnings-growth ratio of 3.23 and a beta of 0.27. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The firm had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the company posted $0.93 EPS. The business’s revenue for the quarter 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. As a group, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BJ has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of BJ’s Wholesale Club in a research note on Thursday, January 8th. They set a “hold” rating for the company. DA Davidson lifted their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Morgan Stanley lowered their target price on BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Barclays downgraded BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $115.00 to $90.00 in a research report on Wednesday, January 7th. Finally, Wells Fargo & Company raised their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Nine 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 stock. According to MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus price target of $107.63.

BJ’s Wholesale Club Company Profile

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.