Hsbc Holdings PLC Purchases 23,019 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Hsbc Holdings PLC raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 340.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,785 shares of the company’s stock after buying an additional 23,019 shares during the quarter. Hsbc Holdings PLC’s holdings in BJ’s Wholesale Club were worth $2,685,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. purchased a new stake in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust increased its position in BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in BJ’s Wholesale Club during the third quarter valued at $34,000. Finally, Leonteq Securities AG bought a new position in BJ’s Wholesale Club during the fourth quarter valued at $43,000. Institutional investors own 98.60% of the company’s stock.

Insider Transactions at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 8,000 shares of the company’s 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 of the company’s stock, valued at approximately $27,882,156.60. This represents a 2.55% decrease in their position. The sale 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 the 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 transaction, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 26,550 shares of company stock valued at $2,435,904. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. William Blair restated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. JPMorgan Chase & Co. upped their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Finally, Bank of America initiated coverage on BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price target for the company. Nine research 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 stock presently has an average rating of “Hold” and an average price target of $105.27.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $88.64 on Monday. 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 company has a market capitalization of $11.32 billion, a PE ratio of 20.38, a P/E/G ratio of 3.31 and a beta of 0.23. The company has a 50 day moving average price of $90.84 and a 200-day moving average price of $93.85. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $115.43.

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

BJ’s Wholesale Club 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.