Machina Capital S.A.S. Increases Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Machina Capital S.A.S. lifted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 55.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,573 shares of the company’s stock after purchasing an additional 1,275 shares during the quarter. Machina Capital S.A.S.’s holdings in BJ’s Wholesale Club were worth $385,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can lifted its stake in shares of BJ’s Wholesale Club by 3.9% in the 2nd quarter. Bank of Montreal Can now owns 16,896 shares of the company’s stock valued at $1,822,000 after purchasing an additional 629 shares during the period. State of Michigan Retirement System increased its position in shares of BJ’s Wholesale Club by 0.3% in the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock valued at $3,420,000 after buying an additional 100 shares in the last quarter. Moody Aldrich Partners LLC increased its position in shares of BJ’s Wholesale Club by 28.6% in the second quarter. Moody Aldrich Partners LLC now owns 3,203 shares of the company’s stock valued at $345,000 after buying an additional 713 shares in the last quarter. Simon Quick Advisors LLC increased its position in shares of BJ’s Wholesale Club by 7.3% in the second quarter. Simon Quick Advisors LLC now owns 30,335 shares of the company’s stock valued at $3,271,000 after buying an additional 2,067 shares in the last quarter. Finally, Strs Ohio increased its position in shares of BJ’s Wholesale Club by 2.7% in the second quarter. Strs Ohio now owns 221,225 shares of the company’s stock valued at $23,855,000 after buying an additional 5,900 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $90.25 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.92 and a 52-week high of $121.10. The firm has a market capitalization of $11.89 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 2.42 and a beta of 0.33. The company has a fifty day simple moving average of $94.27 and a 200-day simple moving average of $104.34. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.04. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The business had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.49 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of recent analyst reports. Gordon Haskett cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research report on Friday, August 15th. Evercore ISI cut their price objective on BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating for the company in a research report on Tuesday, October 7th. Weiss Ratings cut BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. DA Davidson cut their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a research report on Monday, August 25th. Finally, UBS Group cut their price objective on BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, August 25th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average price target of $114.65.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the company’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 sale, the executive vice president directly owned 11,617 shares in the company, valued at $1,160,073.62. This represents a 35.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is currently owned by insiders.

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.