BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA reduced its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.7% in the third quarter, HoldingsChannel.com reports. The firm owned 853,999 shares of the company’s stock after selling 5,950 shares during the period. Primecap Management Co. CA’s holdings in BJ’s Wholesale Club were worth $79,635,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BJ. Franklin Resources Inc. lifted its holdings in shares of BJ’s Wholesale Club by 2.2% in the second quarter. Franklin Resources Inc. now owns 5,712,353 shares of the company’s stock valued at $615,963,000 after buying an additional 121,183 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after acquiring an additional 1,152,591 shares during the period. Bank of New York Mellon Corp raised its position in BJ’s Wholesale Club by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 2,997,697 shares of the company’s stock worth $323,242,000 after acquiring an additional 11,203 shares in the last quarter. Select Equity Group L.P. lifted its holdings in BJ’s Wholesale Club by 38.6% in the 2nd quarter. Select Equity Group L.P. now owns 2,411,459 shares of the company’s stock valued at $260,028,000 after acquiring an additional 672,122 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of BJ’s Wholesale Club by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,352,465 shares of the company’s stock valued at $253,709,000 after purchasing an additional 29,076 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Trading Down 0.3%

BJ’s Wholesale Club stock opened at $96.76 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $86.68 and a 52 week high of $121.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.79. The firm has a market capitalization of $12.66 billion, a price-to-earnings ratio of 22.29, a P/E/G ratio of 2.51 and a beta of 0.36. The company has a 50 day moving average price of $95.16 and a 200 day moving average price of $94.71.

Insider Activity at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction on Friday, December 5th. The stock was sold at an average price of $91.09, for a total transaction of $637,630.00. Following the transaction, the executive vice president owned 50,498 shares in the company, valued at approximately $4,599,862.82. The trade was a 12.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.40% of the stock is currently owned by company insiders.

BJ’s Wholesale Club News Summary

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Zacks publishes a bullish take highlighting BJ’s “incredible growth” profile and three reasons it could outperform peers, supporting a growth-oriented investment case. BJ’s (BJ) is an Incredible Growth Stock: 3 Reasons Why
• Positive Sentiment: Short interest fell ~17.1% in February to ~6.89M shares (5.3% of float) with a ~3.5 days-to-cover — reduced short positioning can remove downward pressure and lessen the risk of short-led volatility.
• Positive Sentiment: Coverage on warehouse memberships and consumer savings (MSN) underscores structural demand for bulk/warehouse formats, a favorable industry backdrop for BJ’s membership model. Wholesale Wars: How warehouse memberships will save you over grocery stores
• Neutral Sentiment: Comparative analysis piece (BJ vs CL) provides valuation context vs. staples peer Colgate-Palmolive — useful for relative-value investors but not an immediate catalyst. BJ or CL: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: BJ’s is scheduled to report quarterly earnings this week — a near-term catalyst that could move the stock depending on sales, margin trends and membership metrics. BJ’s Wholesale Club (BJ) Projected to Post Quarterly Earnings on Thursday
• Neutral Sentiment: Analysts’ consensus remains a “Hold” on BJ, reflecting mixed views and suggesting limited near-term upside from brokerage guidance alone. BJ’s Wholesale Club Holdings, Inc. Given Average Rating of “Hold” by Analysts
• Negative Sentiment: JPMorgan raised its price target to $94 (from $90) but maintained a “neutral” rating; the PT sits below the current share price, implying limited upside and a ~2.9% implied downside from the then-current level. Analyst Price Target Update

Analyst Upgrades and Downgrades

BJ has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BJ’s Wholesale Club in a report on Thursday, January 8th. They issued a “hold” rating on the stock. Jefferies Financial Group cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and dropped their price target for the company from $120.00 to $90.00 in a report on Wednesday, January 28th. Evercore increased their price objective on BJ’s Wholesale Club from $85.00 to $95.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. BTIG Research restated a “buy” rating and issued a $120.00 target price on shares of BJ’s Wholesale Club in a report on Friday, November 21st. Finally, Wells Fargo & Company cut their target price on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 12th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.88.

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.