Legal & General Group Plc Has $29.68 Million Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Legal & General Group Plc raised its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.5% during the second quarter, Holdings Channel reports. The firm owned 275,207 shares of the company’s stock after buying an additional 4,127 shares during the period. Legal & General Group Plc’s holdings in BJ’s Wholesale Club were worth $29,676,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth approximately $26,000. REAP Financial Group LLC grew its position in BJ’s Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the second quarter worth $35,000. Quarry LP bought a new position in shares of BJ’s Wholesale Club during the first quarter valued at $48,000. Finally, Bayforest Capital Ltd lifted its holdings in shares of BJ’s Wholesale Club by 362.7% during the second quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock valued at $51,000 after acquiring an additional 370 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Trading Up 1.7%

BJ opened at $90.85 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $121.10. The stock has a market capitalization of $11.97 billion, a PE ratio of 20.93, a PEG ratio of 2.46 and a beta of 0.33. The company has a current ratio of 0.79, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $92.20 and a two-hundred day moving average price of $101.68.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period in the prior year, the business earned $1.18 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 4.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BJ shares. Wall Street Zen lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Morgan Stanley reduced their price target on shares of BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Monday. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a report on Friday, August 15th. Citigroup cut their target price on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Finally, Evercore ISI boosted their target price on BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $111.67.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares in the company, valued at $1,160,073.62. The trade was a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the transaction, the chief executive officer directly owned 296,735 shares in the company, valued at $26,620,096.85. This trade represents a 5.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is currently owned by corporate insiders.

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.