California Public Employees Retirement System Has $24.24 Million Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

California Public Employees Retirement System reduced its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 246,327 shares of the company’s stock after selling 94,350 shares during the quarter. California Public Employees Retirement System’s holdings in BJ’s Wholesale Club were worth $24,244,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in BJ. Future Fund LLC boosted its stake in BJ’s Wholesale Club by 27.2% in the first quarter. Future Fund LLC now owns 18,900 shares of the company’s stock valued at $1,860,000 after acquiring an additional 4,038 shares during the last quarter. Assetmark Inc. raised its position in shares of BJ’s Wholesale Club by 3.7% during the 1st quarter. Assetmark Inc. now owns 87,920 shares of the company’s stock valued at $8,653,000 after acquiring an additional 3,139 shares during the last quarter. C WorldWide Group Holding A S lifted its stake in shares of BJ’s Wholesale Club by 4.0% in the 1st quarter. C WorldWide Group Holding A S now owns 103,188 shares of the company’s stock valued at $10,156,000 after purchasing an additional 3,962 shares during the period. Hartford Funds Management Co LLC boosted its position in shares of BJ’s Wholesale Club by 8.4% in the 1st quarter. Hartford Funds Management Co LLC now owns 12,090 shares of the company’s stock worth $1,190,000 after purchasing an additional 934 shares during the last quarter. Finally, Calamos Wealth Management LLC bought a new position in shares of BJ’s Wholesale Club in the 1st quarter worth $296,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on BJ shares. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. UBS Group reissued a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. JPMorgan Chase & Co. raised their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Bank of America began coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective on the stock. Finally, Citigroup decreased their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $105.27.

BJ’s Wholesale Club Stock Down 0.5%

BJ’s Wholesale Club stock opened at $91.90 on Thursday. The company has a 50 day moving average of $89.41 and a 200-day moving average of $93.47. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $110.92. The stock has a market capitalization of $11.74 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 3.44 and a beta of 0.22.

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

Insider Activity

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.10% of the stock is owned by corporate insiders.

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.