SageGuard Financial Group LLC Lowers Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

SageGuard Financial Group LLC reduced its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 40.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,098 shares of the company’s stock after selling 6,940 shares during the quarter. SageGuard Financial Group LLC’s holdings in BJ’s Wholesale Club were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BJ. Apollon Wealth Management LLC acquired a new stake in BJ’s Wholesale Club during the first quarter worth about $229,000. Pictet Asset Management Holding SA lifted its stake in shares of BJ’s Wholesale Club by 5.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 21,061 shares of the company’s stock valued at $2,073,000 after purchasing an additional 1,110 shares in the last quarter. Grey Ledge Advisors LLC purchased a new stake in shares of BJ’s Wholesale Club during the 1st quarter worth about $250,000. OLD National Bancorp IN grew its holdings in shares of BJ’s Wholesale Club by 18.7% during the 1st quarter. OLD National Bancorp IN now owns 3,963 shares of the company’s stock worth $390,000 after purchasing an additional 625 shares during the period. Finally, Louisiana State Employees Retirement System acquired a new stake in BJ’s Wholesale Club during the 1st quarter worth approximately $3,730,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Robert W. Eddy sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the sale, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,550 shares of company stock worth $2,435,904 in the last quarter. 1.10% of the stock is owned by corporate insiders.

BJ’s Wholesale Club Stock Down 0.3%

Shares of NYSE:BJ opened at $88.64 on Monday. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 20.38, a price-to-earnings-growth ratio of 3.31 and a beta of 0.23. The company has a 50 day moving average of $90.84 and a two-hundred day moving average of $93.85. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $115.43. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on BJ. UBS Group restated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Bank of America began coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target for the company. William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. boosted their price objective on 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. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $105.27.

BJ’s Wholesale Club 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.