90,839 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 90,839 shares of the company’s stock, valued at approximately $7,923,000.

A number of other hedge funds also recently bought and sold shares of the business. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC acquired a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust lifted its position in BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after buying an additional 173 shares in the last quarter. Quantbot Technologies LP purchased a new position in BJ’s Wholesale Club during the second quarter worth approximately $28,000. Finally, Essential Partners LLC boosted its stake in BJ’s Wholesale Club by 81.2% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after buying an additional 130 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.1%

Shares of BJ’s Wholesale Club stock opened at $90.68 on Monday. The stock has a 50 day moving average of $92.11 and a 200 day moving average of $93.59. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The firm has a market capitalization of $11.45 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 3.05 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BJ has been the subject of several analyst reports. Bank of America assumed coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price for the company. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday. DA Davidson boosted their price target on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research report on Wednesday, July 29th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $106.06.

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 4,900 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the transaction, the chief executive officer owned 274,330 shares of the company’s stock, valued at $27,435,743.30. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is currently owned by insiders.

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.