Fieldview Capital Management LLC Decreases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Fieldview Capital Management LLC trimmed its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 79.6% during the fourth quarter, HoldingsChannel reports. The firm owned 8,011 shares of the company’s stock after selling 31,351 shares during the period. Fieldview Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $721,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of BJ. Ossiam purchased a new position in BJ’s Wholesale Club in the 2nd quarter worth approximately $100,000. Daiwa Securities Group Inc. increased its holdings in shares of BJ’s Wholesale Club by 81.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock worth $736,000 after buying an additional 3,054 shares during the last quarter. AXA S.A. acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $1,094,000. Sei Investments Co. increased its holdings in shares of BJ’s Wholesale Club by 31.5% during the 2nd quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock worth $29,773,000 after buying an additional 66,204 shares during the last quarter. Finally, BNP Paribas acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $105,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. DA Davidson raised their price target 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. JPMorgan Chase & Co. raised their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target for the company. Citigroup cut their price target on shares of 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. Finally, UBS Group restated a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $105.27.

BJ’s Wholesale Club Stock Down 1.0%

BJ’s Wholesale Club stock opened at $90.16 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.65 and a fifty-two week high of $115.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The firm has a 50 day moving average price of $92.17 and a 200 day moving average price of $94.12. The company has a market capitalization of $11.51 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 3.39 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share 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 quarter last year, the firm earned $1.14 EPS. The firm’s revenue for the quarter 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. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the sale, the chief executive officer owned 306,330 shares in the company, valued at approximately $27,882,156.60. This trade represents a 2.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This trade represents a 44.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 26,550 shares of company stock worth $2,435,905. Insiders own 1.10% of the company’s stock.

About BJ’s Wholesale Club

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.