Public Employees Retirement System of Ohio Acquires 13,387 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Public Employees Retirement System of Ohio lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 16.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,373 shares of the company’s stock after acquiring an additional 13,387 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in BJ’s Wholesale Club were worth $9,288,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BJ. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club in the fourth quarter valued at $25,000. Strive Financial Group LLC purchased a new position in BJ’s Wholesale Club during the 4th quarter valued at $25,000. Parkside Financial Bank & Trust increased its position in BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Sunbelt Securities Inc. bought a new position in BJ’s Wholesale Club in the 3rd quarter worth $34,000. Finally, Leonteq Securities AG bought a new position in BJ’s Wholesale Club in the 4th quarter worth $43,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $94.69 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $110.92. The firm has a market capitalization of $12.09 billion, a P/E ratio of 21.77, a P/E/G ratio of 3.46 and a beta of 0.22. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $89.20 and a two-hundred day simple moving average of $93.49.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The firm had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company’s revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

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

BJ’s Wholesale Club Company Profile

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.