Avity Investment Management Inc. Buys 27,698 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Avity Investment Management Inc. grew its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.6% during the second quarter, HoldingsChannel reports. The firm owned 110,040 shares of the company’s stock after purchasing an additional 27,698 shares during the quarter. Avity Investment Management Inc.’s holdings in BJ’s Wholesale Club were worth $9,598,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of BJ. BOK Financial Private Wealth Inc. purchased a new stake in BJ’s Wholesale Club in the fourth quarter worth about $25,000. Strive Financial Group LLC purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its position 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 worth $26,000 after acquiring an additional 173 shares in the last quarter. Essential Partners LLC lifted its stake in shares of BJ’s Wholesale Club by 81.2% 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. bought a new stake in shares of BJ’s Wholesale Club during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Bank of America initiated coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target on the stock. Citigroup dropped their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. UBS Group reissued a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. upped their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.93.

BJ’s Wholesale Club Trading Down 0.6%

BJ’s Wholesale Club stock opened at $96.59 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $110.71. The company has a market capitalization of $12.33 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 3.59 and a beta of 0.21. The business’s fifty day simple moving average is $90.75 and its two-hundred day simple moving average is $93.80. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

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 the consensus estimate of $1.04 by $0.06. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The company’s revenue was up 9.9% on a year-over-year basis. During the same period last year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Insider Activity

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

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.