Public Employees Retirement System of Ohio Invests $3.21 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Public Employees Retirement System of Ohio purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the second quarter, Holdings Channel.com reports. The fund purchased 36,793 shares of the company’s stock, valued at approximately $3,209,000.

Other institutional investors have also bought and sold shares of the company. Sei Investments Co. lifted its position in shares of BJ’s Wholesale Club by 19.6% during the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock valued at $39,033,000 after buying an additional 64,942 shares during the last quarter. Entropy Technologies LP bought a new position in shares of BJ’s Wholesale Club during the 1st quarter worth $1,135,000. Focus Partners Wealth increased its holdings in BJ’s Wholesale Club by 6.2% in the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock worth $47,256,000 after acquiring an additional 30,095 shares during the last quarter. Reinhart Partners LLC. increased its holdings in BJ’s Wholesale Club by 30.7% in the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after acquiring an additional 12,784 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $27,242,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.0%

BJ’s Wholesale Club stock opened at $93.20 on Friday. The stock has a market cap of $11.77 billion, a P/E ratio of 20.39, a PEG ratio of 2.74 and a beta of 0.18. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78. The firm’s fifty day moving average price is $92.69 and its 200-day moving average price is $93.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The firm’s revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.69 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 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 sale, the executive vice president owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This trade represents a 44.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the sale, the senior vice president owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 95,916 shares of company stock worth $9,458,889 in the last ninety days. 1.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. UBS Group increased their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Roth Capital restated a “neutral” rating and set a $97.00 price target on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. DA Davidson lifted their price objective on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Citigroup boosted their target price on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 24th. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $106.06.

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.