Geneos Wealth Management Inc. Sells 6,398 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Geneos Wealth Management Inc. lowered its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 10.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,268 shares of the company’s stock after selling 6,398 shares during the period. Geneos Wealth Management Inc.’s holdings in BJ’s Wholesale Club were worth $5,636,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. BOK Financial Private Wealth Inc. acquired a new position in BJ’s Wholesale Club during the fourth quarter worth about $25,000. Strive Financial Group LLC acquired a new position in BJ’s Wholesale Club during the 4th quarter worth approximately $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 worth $26,000 after purchasing an additional 173 shares in the last quarter. Sunbelt Securities Inc. bought a new position in BJ’s Wholesale Club in the 3rd quarter valued at approximately $34,000. Finally, Leonteq Securities AG bought a new position in BJ’s Wholesale Club in the 4th quarter valued at approximately $43,000. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BJ has been the topic of a number of research reports. Citigroup decreased their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Bank of America initiated coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. UBS Group reissued a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. upped their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $105.27.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $93.03 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $110.92. The firm has a market cap of $11.88 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 3.36 and a beta of 0.22. The firm’s fifty day moving average is $89.40 and its 200-day moving average is $93.40.

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

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.