BJ’s Wholesale Club Holdings, Inc. $BJ Shares Acquired by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 28.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,203 shares of the company’s stock after purchasing an additional 713 shares during the quarter. Moody Aldrich Partners LLC’s holdings in BJ’s Wholesale Club were worth $345,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in BJ. Oliver Lagore Vanvalin Investment Group purchased a new position in BJ’s Wholesale Club in the second quarter valued at about $26,000. REAP Financial Group LLC grew its holdings in shares of BJ’s Wholesale Club by 152.5% in the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares during the period. Atlantic Edge Private Wealth Management LLC purchased a new position in BJ’s Wholesale Club in the 1st quarter valued at approximately $33,000. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the second quarter worth $35,000. Finally, HM Payson & Co. acquired a new position in BJ’s Wholesale Club during the first quarter worth $41,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Transactions at BJ’s Wholesale Club

In related news, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the sale, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BJ. JPMorgan Chase & Co. lowered their target price on BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a report on Monday, August 25th. Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Wall Street Zen downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Evercore ISI reduced their price target on shares of BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating on the stock in a report on Tuesday, October 7th. Finally, Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a research report on Friday, August 15th. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.65.

BJ’s Wholesale Club Trading Down 1.5%

BJ’s Wholesale Club stock opened at $88.17 on Friday. The stock has a 50-day moving average price of $94.48 and a 200 day moving average price of $104.91. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.92 and a 52 week high of $121.10. The stock has a market cap of $11.62 billion, a PE ratio of 20.22, a P/E/G ratio of 2.39 and a beta of 0.36. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.04. The company had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $1.09 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.