NBW Capital LLC Has $4.33 Million Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

NBW Capital LLC reduced its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 32.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,119 shares of the company’s stock after selling 19,701 shares during the period. NBW Capital LLC’s holdings in BJ’s Wholesale Club were worth $4,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. lifted its stake in BJ’s Wholesale Club by 2.2% in the 2nd quarter. Franklin Resources Inc. now owns 5,712,353 shares of the company’s stock valued at $615,963,000 after purchasing an additional 121,183 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in BJ’s Wholesale Club by 0.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,366,509 shares of the company’s stock valued at $498,219,000 after acquiring an additional 35,130 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of BJ’s Wholesale Club by 12.7% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,639,011 shares of the company’s stock valued at $392,395,000 after purchasing an additional 410,326 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of BJ’s Wholesale Club by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,997,697 shares of the company’s stock valued at $323,242,000 after acquiring an additional 11,203 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of BJ’s Wholesale Club by 1.3% during the second 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 during the period. 98.60% of the stock is owned by institutional investors.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 17,898 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 296,735 shares in the company, valued at approximately $26,620,096.85. This trade represents a 5.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $88.62 on Tuesday. The stock has a market cap of $11.60 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 2.45 and a beta of 0.31. 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 stock’s 50 day simple moving average is $91.78 and its two-hundred day simple moving average is $101.20. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $121.10.

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

Wall Street Analysts Forecast Growth

BJ has been the topic of several analyst reports. Weiss Ratings cut shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Evercore ISI increased their price target on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Morgan Stanley reduced their price objective on shares of BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating for the company in a research note on Monday, November 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, August 22nd. Finally, UBS Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $111.67.

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.