BJ’s Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 17,898 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 17,898 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the sale, the chief executive officer directly owned 296,735 shares in the company, valued at $26,620,096.85. This trade represents a 5.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

BJ’s Wholesale Club Trading Up 0.8%

Shares of NYSE:BJ opened at $90.93 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.92 and a one year high of $121.10. The stock has a market capitalization of $11.98 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 2.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. The company’s 50-day moving average price is $94.14 and its two-hundred day moving average price is $104.25.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BJ shares. Evercore ISI dropped their price objective on BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 7th. DA Davidson dropped their price target on shares of 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. BTIG Research began coverage on shares of BJ’s Wholesale Club in a research report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price target on the stock. Weiss Ratings cut shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $114.65.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BJ. Oliver Lagore Vanvalin Investment Group bought a new position in BJ’s Wholesale Club in the 2nd quarter valued at about $26,000. REAP Financial Group LLC increased its stake in shares of BJ’s Wholesale Club by 152.5% during the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after purchasing an additional 151 shares during the period. Roxbury Financial LLC bought a new position in shares of BJ’s Wholesale Club during the third quarter worth approximately $28,000. Davis Capital Management bought a new position in shares of BJ’s Wholesale Club during the third quarter worth approximately $28,000. Finally, Eastern Bank bought a new position in shares of BJ’s Wholesale Club during the third quarter worth approximately $29,000. 98.60% of the stock is owned by institutional investors.

About BJ’s Wholesale Club

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.