Machina Capital S.A.S. Acquires 1,275 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Machina Capital S.A.S. raised its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 55.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,573 shares of the company’s stock after acquiring an additional 1,275 shares during the quarter. Machina Capital S.A.S.’s holdings in BJ’s Wholesale Club were worth $385,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of BJ. DAVENPORT & Co LLC increased its position in BJ’s Wholesale Club by 10.5% during the 1st quarter. DAVENPORT & Co LLC now owns 3,042 shares of the company’s stock valued at $347,000 after purchasing an additional 290 shares during the period. HM Payson & Co. bought a new stake in BJ’s Wholesale Club during the first quarter valued at about $41,000. Crossmark Global Holdings Inc. boosted its position in BJ’s Wholesale Club by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 9,604 shares of the company’s stock valued at $1,096,000 after purchasing an additional 109 shares in the last quarter. Brown Advisory Inc. bought a new stake in BJ’s Wholesale Club during the first quarter valued at about $258,000. Finally, Walter Public Investments Inc. boosted its position in BJ’s Wholesale Club by 5.4% during the first quarter. Walter Public Investments Inc. now owns 258,751 shares of the company’s stock valued at $29,523,000 after purchasing an additional 13,279 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Insider Activity

In other news, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the transaction, the executive vice president directly owned 11,617 shares in the company, valued at $1,160,073.62. This trade represents a 35.16% 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. 1.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings downgraded BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Jefferies Financial Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. DA Davidson dropped their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Morgan Stanley dropped their price objective on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. Finally, Citigroup decreased their price target on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.65.

BJ’s Wholesale Club Stock Down 0.6%

BJ stock opened at $90.25 on Wednesday. The firm has a 50 day moving average of $94.27 and a 200 day moving average of $104.34. The stock has a market capitalization of $11.89 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 2.42 and a beta of 0.33. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.92 and a 52 week high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 22nd. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.04. The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. BJ’s Wholesale Club’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the business earned $1.09 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.