BJ’s Wholesale Club Holdings, Inc. $BJ Holdings Boosted by Vise Technologies Inc.

Vise Technologies Inc. increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 51.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,475 shares of the company’s stock after purchasing an additional 4,907 shares during the quarter. Vise Technologies Inc.’s holdings in BJ’s Wholesale Club were worth $1,332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in BJ’s Wholesale Club during the 2nd quarter worth about $1,087,503,000. Wellington Management Group LLP grew its holdings in BJ’s Wholesale Club by 15.4% during the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after buying an additional 436,827 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in BJ’s Wholesale Club during the 2nd quarter valued at about $179,649,000. Bank of America Corp DE bought a new stake in shares of BJ’s Wholesale Club during the second quarter valued at about $108,684,000. Finally, Amundi increased its position in shares of BJ’s Wholesale Club by 31.7% during the second quarter. Amundi now owns 1,122,060 shares of the company’s stock valued at $97,866,000 after buying an additional 270,253 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Laura Felice sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $110.53, for a total value of $1,105,300.00. Following the sale, the executive vice president directly owned 84,416 shares of the company’s stock, valued at $9,330,500.48. This trade represents a 10.59% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 William C. Werner sold 3,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $95.00, for a total transaction of $285,000.00. Following the sale, the executive vice president owned 50,160 shares of the company’s stock, valued at approximately $4,765,200. The trade was a 5.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 228,436 shares of company stock valued at $23,343,836 in the last ninety days. 1.10% of the stock is currently owned by company insiders.

More BJ’s Wholesale Club News

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

• Positive Sentiment: BJ’s plans to open its second Kentucky club in Frankfort on November 13, adding to its store network. Article: BJ’s Wholesale Club To Open 2nd KY Location In Frankfort Nov. 13
• Positive Sentiment: A planning board granted preliminary site-plan approval for a proposed BJ’s club in New Hartford, New York, advancing another potential location. Article: New Hartford Planning Board grants preliminary site plan approval to BJ’s Wholesale Club
• Neutral Sentiment: EVP Laura Felice sold 10,000 shares for about $1.1 million under a pre-arranged Rule 10b5-1 plan. She retained 84,416 shares, which makes the sale a limited signal about the company’s outlook. Article: Insider Selling: BJ’s Wholesale Club EVP Sells $1,105,300 in Stock
• Negative Sentiment: Citigroup downgraded BJ from Buy to Neutral, saying investor optimism is already reflected in the shares. Citi raised its price target to $113 from $111, but the downgrade may temper enthusiasm after the stock’s recent strength. Article: Citi downgrades BJ’s Wholesale, says optimism already priced in
• Negative Sentiment: A public hearing on a proposed BJ’s development in Branford will continue, leaving the project’s approval unresolved and potentially extending the timeline. Article: Branford to continue public hearing on proposed BJ’s development

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TD Cowen started coverage on shares of BJ’s Wholesale Club in a report on Friday, October 30th. They issued a “strong-buy” rating on the stock. Weiss Ratings upgraded shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. 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. UBS Group upped their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average price target of $106.19.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $109.48 on Friday. The firm has a market capitalization of $13.83 billion, a P/E ratio of 23.96, a P/E/G ratio of 3.21 and a beta of 0.12. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock’s 50-day simple moving average is $98.07 and its two-hundred day simple moving average is $94.92. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $113.35.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The company’s revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current fiscal year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations.

The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen.

Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.