Jupiter Topco LLC Buys New Shares in BJ’s Wholesale Club Holdings, Inc. $BJ

Jupiter Topco LLC purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 58,833 shares of the company’s stock, valued at approximately $5,133,000.

A number of other large investors also recently bought and sold shares of BJ. Hsbc Holdings PLC acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $601,000. Primecap Management Co. CA acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth $70,452,000. Canada Pension Plan Investment Board purchased a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth $2,983,000. Legal & General Group Plc purchased a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth $15,219,000. Finally, The Manufacturers Life Insurance Company acquired a new position in BJ’s Wholesale Club in the second quarter valued at $7,923,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Activity

In related news, CEO Robert W. Eddy sold 73,016 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the sale, the chief executive officer owned 282,330 shares of the company’s stock, valued at $28,238,646.60. This represents a 20.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the transaction, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. This represents a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 95,916 shares of company stock valued at $9,458,889. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock opened at $90.79 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $105.78. The company’s 50-day simple moving average is $92.25 and its 200-day simple moving average is $93.54. The stock has a market capitalization of $11.47 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 3.05 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period in the previous year, the company earned $1.14 earnings per share. BJ’s Wholesale Club’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 anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BJ has been the topic of several research analyst reports. Wall Street Zen raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group increased their target price on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. Finally, Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Wednesday, July 29th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus price target of $106.06.

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.