Hsbc Holdings PLC Has $954,000 Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Hsbc Holdings PLC lowered its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 67.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,669 shares of the company’s stock after selling 20,116 shares during the quarter. Hsbc Holdings PLC’s holdings in BJ’s Wholesale Club were worth $954,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BJ. BOK Financial Private Wealth Inc. purchased a new position in BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust boosted its position in shares of BJ’s Wholesale Club by 147.9% in 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 during the period. Sunbelt Securities Inc. acquired a new stake in shares of BJ’s Wholesale Club in the third quarter worth $34,000. Finally, Leonteq Securities AG acquired a new position in BJ’s Wholesale Club during the fourth quarter valued at $43,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BJ. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. UBS Group reiterated a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Bank of America started coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. 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 report on Tuesday, May 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.93.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $99.98 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The firm has a market cap of $12.77 billion, a PE ratio of 22.99, a PEG ratio of 3.62 and a beta of 0.22. The firm’s 50 day moving average price is $89.29 and its 200 day moving average price is $93.62. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $110.92.

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