TimesSquare Capital Management LLC Has $77.96 Million Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

TimesSquare Capital Management LLC cut its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 20.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 865,901 shares of the company’s stock after selling 218,458 shares during the quarter. BJ’s Wholesale Club makes up about 1.2% of TimesSquare Capital Management LLC’s portfolio, making the stock its 25th largest holding. TimesSquare Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $77,957,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. GAMMA Investing LLC grew its holdings in BJ’s Wholesale Club by 1.8% in the fourth quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock worth $592,000 after purchasing an additional 119 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in BJ’s Wholesale Club by 2.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock worth $465,000 after purchasing an additional 129 shares during the period. Sequoia Financial Advisors LLC grew its holdings in BJ’s Wholesale Club by 4.1% in the third quarter. Sequoia Financial Advisors LLC now owns 3,483 shares of the company’s stock worth $325,000 after purchasing an additional 137 shares during the period. Linden Thomas Advisory Services LLC grew its holdings in BJ’s Wholesale Club by 1.3% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 11,613 shares of the company’s stock worth $1,046,000 after purchasing an additional 144 shares during the period. Finally, HighPoint Advisor Group LLC grew its holdings in BJ’s Wholesale Club by 3.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 4,656 shares of the company’s stock worth $419,000 after purchasing an additional 150 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Trading Up 0.6%

NYSE:BJ opened at $96.97 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. The firm has a 50-day moving average of $95.23 and a 200-day moving average of $94.33. The company has a market cap of $12.38 billion, a PE ratio of 22.14, a PEG ratio of 3.30 and a beta of 0.27. BJ’s Wholesale Club Holdings, Inc. has a one year low of $86.68 and a one year high of $120.08.

BJ’s Wholesale Club (NYSE:BJ) last posted its 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. The company had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current fiscal year.

Analysts Set New Price Targets

BJ has been the subject of a number of research reports. Jefferies Financial Group cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and reduced their price target for the stock from $120.00 to $90.00 in a report on Wednesday, January 28th. JPMorgan Chase & Co. decreased their price objective on BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating for the company in a report on Friday. DA Davidson boosted their price objective on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company boosted their price objective on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $107.38.

Insider Activity

In other news, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the business’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 transaction of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares of the company’s stock, valued at approximately $1,346,785.11. This represents a 12.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

About BJ’s Wholesale Club

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.