Man Group plc Invests $17.99 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Man Group plc acquired a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 206,308 shares of the company’s stock, valued at approximately $17,994,000.

Several other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth approximately $1,087,503,000. Victory Capital Management Inc. grew its stake in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after acquiring an additional 4,704,423 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of BJ’s Wholesale Club during the second quarter worth $179,649,000. Norges Bank purchased a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth $151,765,000. Finally, State Street Corp raised its stake in shares of BJ’s Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock valued at $473,941,000 after acquiring an additional 1,028,779 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Key BJ’s Wholesale Club News

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

• Positive Sentiment: Analyst support remains a key positive. Citi maintained its Buy rating and raised its price target to $111, while UBS increased its target to $115. The upgrades reflect confidence in BJ’s earnings momentum and operating outlook. Citi maintains Buy rating UBS raises price target
• Positive Sentiment: BJ’s plans to open six new locations, including an upcoming Ocala club, could expand its membership base, sales footprint and long-term growth opportunities. BJ’s opening six new locations
• Positive Sentiment: The latest quarter showed solid fundamentals: revenue increased 15.7% year over year to $6.23 billion, while EPS of $1.36 exceeded the $1.17 consensus estimate. Fiscal 2026 EPS guidance remains $4.60 to $4.80.
• Neutral Sentiment: A comparison of Costco, Sam’s Club and BJ’s focuses on which warehouse retailer offers the lowest prices. The article could influence customer perceptions and competitive positioning, but its impact depends on the comparison’s methodology and conclusions. Warehouse club price comparison
• Neutral Sentiment: Roth Capital reiterated a Neutral rating, contributing to a divided analyst view. The broader consensus is Hold, with an average price target near $106, above recent trading levels. Roth Capital reiterates Neutral rating
• Negative Sentiment: Insider selling may be pressuring sentiment. CEO Robert Eddy sold 4,900 shares for approximately $490,000, and SVP Joseph McGrail sold 1,500 shares for about $145,000. Eddy’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, reducing its bearish significance, but the combined sales remain a near-term overhang. BJ insider share sales
• Negative Sentiment: Reports that BJ’s is limiting some member purchases as demand shifts raise concerns about inventory availability, customer demand and the potential effect on sales. The longer-term impact remains unclear. BJ’s member purchase limits

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $90.43 on Friday. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The firm’s fifty day simple moving average is $92.00 and its 200-day simple moving average is $93.66. The firm has a market capitalization of $11.55 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 3.14 and a beta of 0.21. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BJ shares. Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Wednesday, July 29th. Roth Capital restated a “neutral” rating and set a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Citigroup lifted their price objective on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research note on Monday. Finally, DA Davidson boosted their price objective on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $106.06.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 4,900 shares of BJ’s Wholesale Club stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the sale, the chief executive officer directly owned 274,330 shares of the company’s stock, valued at $27,435,743.30. The trade was a 1.75% decrease in their position. 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 company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 95,916 shares of company stock valued at $9,458,889 in the last ninety days. Insiders own 1.10% of the company’s stock.

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.