Bank Julius Baer & Co. Ltd Zurich Lowers Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Bank Julius Baer & Co. Ltd Zurich trimmed its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 65.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,359 shares of the company’s stock after selling 29,262 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in BJ’s Wholesale Club were worth $1,384,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BJ. Eastern Bank purchased a new stake in shares of BJ’s Wholesale Club in the third quarter worth about $29,000. Root Financial Partners LLC purchased a new stake in shares of BJ’s Wholesale Club in the third quarter worth about $29,000. Sunbelt Securities Inc. purchased a new stake in shares of BJ’s Wholesale Club in the third quarter worth about $34,000. Blue Trust Inc. lifted its holdings in shares of BJ’s Wholesale Club by 42.9% in the fourth quarter. Blue Trust Inc. now owns 713 shares of the company’s stock worth $64,000 after buying an additional 214 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of BJ’s Wholesale Club in the third quarter worth about $75,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Joseph Mcgrail sold 2,050 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at $1,346,785.11. This trade represents a 12.19% 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, CEO Robert W. Eddy sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares in the company, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.4%

Shares of BJ opened at $96.32 on Friday. The firm’s 50 day simple moving average is $95.26 and its 200 day simple moving average is $94.30. The company has a market capitalization of $12.30 billion, a P/E ratio of 21.99, a P/E/G ratio of 3.33 and a beta of 0.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $120.08.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. BJ’s Wholesale Club’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BJ has been the topic of a number of recent analyst reports. Jefferies Financial Group downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their price target for the stock from $120.00 to $90.00 in a report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their price target on shares of BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a report on Friday, January 23rd. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. Finally, Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Hold” and a consensus price target of $107.38.

BJ’s Wholesale Club 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.