California Public Employees Retirement System Has $24.24 Million Position in BJ’s Wholesale Club Holdings, Inc. $BJ

California Public Employees Retirement System cut its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 246,327 shares of the company’s stock after selling 94,350 shares during the quarter. California Public Employees Retirement System owned 0.19% of BJ’s Wholesale Club worth $24,244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BJ. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $25,000. Strive Financial Group LLC bought a new position in BJ’s Wholesale Club in the fourth quarter worth $25,000. Parkside Financial Bank & Trust lifted its position in BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the period. Sunbelt Securities Inc. acquired a new stake in BJ’s Wholesale Club during the third quarter worth $34,000. Finally, Leonteq Securities AG bought a new stake in BJ’s Wholesale Club in the 4th quarter valued at $43,000. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Stock Down 0.5%

NYSE BJ opened at $91.90 on Thursday. The firm has a market cap of $11.74 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 3.44 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $110.92. The stock’s 50 day simple moving average is $89.41 and its 200 day simple moving average is $93.47. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) 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 business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Bank of America started coverage on shares of BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. JPMorgan Chase & Co. boosted their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Finally, Citigroup dropped their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Hold” and an average target price of $105.27.

Insider Buying and Selling

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the firm’s 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 sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by corporate 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.