5,210 BJ’s Wholesale Club Holdings, Inc. $BJ Shares Purchased by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC raised its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 18,607.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,238 shares of the company’s stock after purchasing an additional 5,210 shares during the period. Provenance Wealth Advisors LLC’s holdings in BJ’s Wholesale Club were worth $482,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $28,000. Essential Partners LLC boosted its holdings in shares of BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after buying an additional 130 shares in the last quarter. Keating Financial Advisory Services Inc. acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $35,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $37,000. Finally, Versant Capital Management Inc grew its position in shares of BJ’s Wholesale Club by 63.1% in the 3rd quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock valued at $73,000 after buying an additional 308 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of several research analyst reports. UBS Group lifted their price target on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Wall Street Zen downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Roth Capital restated a “neutral” rating and issued a $97.00 price objective on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Finally, Citigroup lifted their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $106.06.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $104.00, for a total value of $832,000.00. Following the transaction, the chief executive officer directly owned 258,330 shares in the company, valued at approximately $26,866,320. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP William Werner sold 3,000 shares of BJ’s Wholesale Club stock in a transaction 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 completion of the transaction, the executive vice president owned 50,160 shares in the company, valued at approximately $4,765,200. This represents a 5.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 228,436 shares of company stock worth $23,343,836 in the last quarter. 1.10% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $111.44 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $113.35. The stock has a 50 day moving average of $97.69 and a two-hundred day moving average of $94.83. The stock has a market cap of $14.08 billion, a P/E ratio of 24.38, a P/E/G ratio of 3.26 and a beta of 0.12.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data 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 business had revenue of $6.23 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current year.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.