Teachers Retirement System of The State of Kentucky Lowers Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Teachers Retirement System of The State of Kentucky cut its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 11.0% in the first quarter, HoldingsChannel reports. The fund owned 135,942 shares of the company’s stock after selling 16,719 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in BJ’s Wholesale Club were worth $13,379,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in BJ’s Wholesale Club during the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust boosted its position in shares of BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the period. Sunbelt Securities Inc. bought a new position in shares of BJ’s Wholesale Club in the third quarter worth approximately $34,000. Finally, Leonteq Securities AG purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter worth $43,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Trading Up 2.4%

Shares of BJ opened at $90.19 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $110.92. The company has a 50 day simple moving average of $89.56 and a two-hundred day simple moving average of $93.46. The firm has a market cap of $11.52 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 3.28 and a beta of 0.22.

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

Wall Street Analysts Forecast Growth

BJ has been the topic of several recent analyst reports. Citigroup decreased their price objective on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. JPMorgan Chase & Co. upped their target price 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. UBS Group reiterated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Bank of America began coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.27.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on 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 directly owned 306,330 shares in the company, valued at approximately $27,882,156.60. The trade was a 2.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total transaction of $186,939.50. Following the completion of the sale, the senior vice president owned 14,769 shares in the company, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 26,550 shares of company stock worth $2,435,904. Insiders own 1.10% of the company’s stock.

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.