Scott Schmadeke Sells 16,500 Shares of BJ’s Wholesale Club (NYSE:BJ) Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $90.95 on Friday. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.65 and a twelve month high of $115.43. 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 company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 3.39 and a beta of 0.23. The firm has a 50-day moving average of $92.33 and a two-hundred day moving average of $94.07.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the prior year, the company earned $1.14 EPS. BJ’s Wholesale Club’s revenue was up 9.9% on a year-over-year basis. 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 4.51 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BJ’s Wholesale Club

Large investors have recently made changes to their positions in the business. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at about $25,000. Strive Financial Group LLC acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust increased its holdings in shares of BJ’s Wholesale Club by 147.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Essential Partners LLC increased its holdings in shares of BJ’s Wholesale Club by 81.3% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after purchasing an additional 130 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BJ. DA Davidson upped 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. JPMorgan Chase & Co. upped their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price objective on shares of 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. Finally, William Blair reaffirmed a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $105.27.

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.