Diversify Advisory Services LLC Invests $2.92 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Diversify Advisory Services LLC acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,840 shares of the company’s stock, valued at approximately $2,921,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BOK Financial Private Wealth Inc. purchased a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club during the fourth quarter valued at $25,000. Parkside Financial Bank & Trust increased 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 valued at $26,000 after acquiring an additional 173 shares during the period. Essential Partners LLC increased its position 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 acquiring an additional 130 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in BJ’s Wholesale Club in the 3rd quarter worth $34,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on BJ shares. Citigroup lowered their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “market perform” rating in a report on Monday. JPMorgan Chase & Co. raised their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday. Ten research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $105.33.

Insider Buying and Selling

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

BJ’s Wholesale Club Trading Down 1.6%

Shares of BJ’s Wholesale Club stock opened at $92.88 on Wednesday. The firm has a market capitalization of $11.86 billion, a PE ratio of 21.35, a P/E/G ratio of 3.48 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $107.62. The firm’s 50-day moving average price is $91.40 and its 200 day moving average price is $93.75. 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 posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The company had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the firm posted $1.14 EPS. BJ’s Wholesale Club’s revenue was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.56 EPS for the current fiscal year.

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.