BJ’s Wholesale Club Holdings, Inc. $BJ Shares Bought by Woodley Farra Manion Portfolio Management Inc.

Woodley Farra Manion Portfolio Management Inc. increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 702,110 shares of the company’s stock after purchasing an additional 7,175 shares during the quarter. BJ’s Wholesale Club accounts for approximately 3.6% of Woodley Farra Manion Portfolio Management Inc.’s holdings, making the stock its 13th biggest position. Woodley Farra Manion Portfolio Management Inc. owned approximately 0.53% of BJ’s Wholesale Club worth $75,709,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of BJ’s Wholesale Club in the second quarter valued at about $26,000. REAP Financial Group LLC lifted its position in BJ’s Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after purchasing an additional 151 shares during the period. Ameritas Advisory Services LLC purchased a new stake in BJ’s Wholesale Club in the 2nd quarter valued at approximately $35,000. Quarry LP acquired a new position in BJ’s Wholesale Club during the 1st quarter worth approximately $48,000. Finally, Bayforest Capital Ltd lifted its holdings in shares of BJ’s Wholesale Club by 362.7% in the 2nd quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock valued at $51,000 after buying an additional 370 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of NYSE:BJ opened at $94.24 on Friday. The business has a 50-day moving average of $93.47 and a two-hundred day moving average of $103.28. The firm has a market capitalization of $12.42 billion, a PE ratio of 21.61, a P/E/G ratio of 2.50 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. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.92 and a 12 month high of $121.10.

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

Insider Buying and Selling

In related news, EVP Graham Luce sold 6,300 shares of the business’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 sale, the executive vice president directly owned 11,617 shares of the company’s stock, valued at $1,160,073.62. The trade was a 35.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the transaction, the chief executive officer owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. The trade was a 5.69% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BJ shares. Gordon Haskett cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a report on Friday, August 15th. Wells Fargo & Company dropped their price target on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday. BTIG Research initiated coverage on shares of BJ’s Wholesale Club in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price for the company. Morgan Stanley lowered their price objective on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a research report on Monday, August 25th. Finally, Citigroup dropped their target price 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 research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average price target of $112.18.

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.