Scott Schmadeke Sells 16,500 Shares of BJ’s Wholesale Club (NYSE:BJ) Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

BJ’s Wholesale Club Price Performance

BJ stock traded up $0.02 during trading on Friday, hitting $90.95. The company had a trading volume of 1,299,657 shares, compared to its average volume of 2,046,996. The company has a market cap of $11.61 billion, a P/E ratio of 20.91, a P/E/G ratio of 3.45 and a beta of 0.23. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average price of $92.40 and a two-hundred day moving average price of $94.09. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.65 and a fifty-two week high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the firm posted $1.14 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BJ shares. Bank of America started coverage on shares of BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective on the stock. Wells Fargo & Company increased their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. DA Davidson boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Citigroup cut their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Hold” and an average price target of $105.27.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of large investors have recently modified their holdings of BJ. Victory Capital Management Inc. boosted its stake in shares of BJ’s Wholesale Club by 57.2% in the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. Norges Bank acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $151,765,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in BJ’s Wholesale Club during the third quarter valued at $110,523,000. State Street Corp increased its holdings in BJ’s Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after purchasing an additional 1,028,779 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of BJ’s Wholesale Club by 32.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock valued at $305,192,000 after acquiring an additional 809,890 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Company 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.