Walter Public Investments Inc. Purchases 22,179 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Walter Public Investments Inc. boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 26.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 106,527 shares of the company’s stock after acquiring an additional 22,179 shares during the quarter. BJ’s Wholesale Club accounts for 2.4% of Walter Public Investments Inc.’s holdings, making the stock its 17th largest holding. Walter Public Investments Inc.’s holdings in BJ’s Wholesale Club were worth $9,800,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $27,242,000. Entropy Technologies LP acquired a new position in shares of BJ’s Wholesale Club during the 1st quarter worth $1,135,000. Sei Investments Co. raised its holdings in shares of BJ’s Wholesale Club by 19.6% during the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after buying an additional 64,942 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth $108,684,000. Finally, Engineers Gate Manager LP lifted its position in shares of BJ’s Wholesale Club by 10,728.2% during the 2nd quarter. Engineers Gate Manager LP now owns 302,324 shares of the company’s stock worth $26,369,000 after buying an additional 299,532 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Stock Up 0.4%

Shares of BJ opened at $110.79 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $113.35. The stock has a market capitalization of $14.00 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 3.24 and a beta of 0.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The stock has a fifty day moving average of $99.23 and a 200-day moving average of $95.13.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were 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 owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Laura L. Felice sold 10,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $110.53, for a total transaction of $1,105,300.00. Following the transaction, the executive vice president directly owned 84,416 shares of the company’s stock, valued at $9,330,500.48. The trade was a 10.59% 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. Over the last 90 days, insiders sold 228,436 shares of company stock valued at $23,343,836. 1.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BJ. Weiss Ratings raised BJ’s Wholesale Club from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, November 4th. The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. DA Davidson set a $108.00 target price on BJ’s Wholesale Club in a research note on Thursday, October 8th. TD Cowen assumed coverage on shares of BJ’s Wholesale Club in a report on Friday, October 30th. They issued a “strong-buy” rating for the company. Finally, Bank of America reissued a “neutral” rating on shares of BJ’s Wholesale Club in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and an average price target of $106.19.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc. operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations. The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen. Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.