Hsbc Holdings PLC Purchases Shares of 6,889 BJ’s Wholesale Club Holdings, Inc. $BJ

Hsbc Holdings PLC acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the second quarter, Holdings Channel reports. The fund acquired 6,889 shares of the company’s stock, valued at approximately $601,000.

Several other large investors have also recently modified their holdings of BJ. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at about $25,000. Strive Financial Group LLC bought a new position in BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust increased its stake in BJ’s Wholesale Club by 147.9% in 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 during the period. Quantbot Technologies LP purchased a new position in BJ’s Wholesale Club in the 2nd quarter worth approximately $28,000. Finally, Essential Partners LLC lifted its position in BJ’s Wholesale Club by 81.2% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after purchasing an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Activity at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares in the company, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BJ shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. Wall Street Zen upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Citigroup increased their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Roth Capital reiterated a “neutral” rating and issued a $97.00 price objective on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $106.06.

BJ’s Wholesale Club Stock Up 1.4%

Shares of NYSE:BJ opened at $92.75 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $92.46 and a two-hundred day simple moving average of $93.43. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.21 and a 12-month high of $105.78. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 2.69 and a beta of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping 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 firm had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the prior year, the firm posted $1.14 earnings per share. The company’s quarterly revenue 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. On average, research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal 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.