Danica Pension Livsforsikringsaktieselskab Makes New $37.65 Million Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 431,689 shares of the company’s stock, valued at approximately $37,652,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BJ. BOK Financial Private Wealth Inc. bought a new position in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $25,000. Strive Financial Group LLC bought a new stake in shares of BJ’s Wholesale Club during the fourth quarter valued at approximately $25,000. Essential Partners LLC boosted its position in shares of BJ’s Wholesale Club by 81.2% during 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 in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in BJ’s Wholesale Club in the third quarter worth $34,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $92.88 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $107.62. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The business has a fifty day moving average price of $91.40 and a 200-day moving average price of $93.75. The company has a market capitalization of $11.86 billion, a PE ratio of 21.35, a PEG ratio of 3.48 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. The firm had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.BJ’s Wholesale Club’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.56 EPS for the current fiscal year.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research reports. Bank of America initiated coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective for the company. Citigroup reduced their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. William Blair lowered shares of BJ’s Wholesale Club from a “mixed” rating to a “market perform” rating in a research note on Monday. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday. Ten equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $105.33.

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.