Intech Investment Management LLC Reduces Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Intech Investment Management LLC lowered its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 42.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,305 shares of the company’s stock after selling 28,769 shares during the period. Intech Investment Management LLC’s holdings in BJ’s Wholesale Club were worth $3,539,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ossiam acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $100,000. Daiwa Securities Group Inc. increased its position in BJ’s Wholesale Club by 81.0% during the second quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock worth $736,000 after buying an additional 3,054 shares in the last quarter. AXA S.A. purchased a new position in BJ’s Wholesale Club during the second quarter worth $1,094,000. Sei Investments Co. raised its holdings in shares of BJ’s Wholesale Club by 31.5% in the second quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock worth $29,773,000 after acquiring an additional 66,204 shares during the last quarter. Finally, BNP Paribas purchased a new stake in shares of BJ’s Wholesale Club in the second quarter valued at $105,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction 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 transaction, the senior vice president owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently commented on BJ shares. William Blair reaffirmed a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. DA Davidson boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. raised 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 note on Tuesday, May 26th. Wells Fargo & Company lifted their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, The Goldman Sachs Group cut their price objective on shares of BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus target price of $105.27.

BJ’s Wholesale Club Stock Up 3.3%

Shares of NYSE:BJ opened at $88.11 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The firm has a market cap of $11.25 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 3.16 and a beta of 0.27. The stock’s 50-day moving average price is $93.72 and its two-hundred day moving average price is $94.22. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $83.65 and a 12-month high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

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.