Martin & Co. Inc. TN Invests $3.62 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Martin & Co. Inc. TN purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 41,520 shares of the company’s stock, valued at approximately $3,621,000.

Several other large investors also recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after acquiring an additional 4,704,423 shares during the period. BlackRock Inc. bought a new stake in shares of BJ’s Wholesale Club during the 2nd quarter valued at about $1,087,503,000. Franklin Resources Inc. grew its stake in shares of BJ’s Wholesale Club by 12.8% during the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock valued at $586,513,000 after purchasing an additional 737,130 shares during the period. State Street Corp increased its position in shares of BJ’s Wholesale Club by 7.7% during the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock valued at $492,627,000 after purchasing an additional 389,327 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of BJ’s Wholesale Club by 5.5% during the 4th quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after purchasing an additional 179,723 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 5.8%

NYSE BJ opened at $96.61 on Friday. The stock’s 50-day moving average price is $91.50 and its 200-day moving average price is $93.77. 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 Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $105.78. The company has a market capitalization of $12.34 billion, a P/E ratio of 21.14, a price-to-earnings-growth ratio of 3.42 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.68 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 73,016 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. This trade represents a 20.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by insiders.

More BJ’s Wholesale Club News

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
• Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
• Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
• Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement

Analysts Set New Price Targets

Several brokerages have recently weighed in on BJ. DA Davidson set a $105.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 17th. Citigroup reduced their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. JPMorgan Chase & Co. increased their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, William Blair cut shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Ten research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $105.33.

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.