GSA Capital Partners LLP Takes Position in BJ’s Wholesale Club Holdings, Inc. $BJ

GSA Capital Partners LLP acquired a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 22,947 shares of the company’s stock, valued at approximately $2,001,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its holdings in BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after buying an additional 4,704,423 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of BJ’s Wholesale Club by 12.8% during the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock worth $586,513,000 after acquiring an additional 737,130 shares in the last quarter. State Street Corp grew its holdings in shares of BJ’s Wholesale Club by 7.7% in the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after acquiring an additional 389,327 shares during the period. Wellington Management Group LLP grew its holdings in shares of BJ’s Wholesale Club by 5.5% in the 4th quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock worth $310,834,000 after acquiring an additional 179,723 shares during the period. Finally, River Road Asset Management LLC increased its stake in BJ’s Wholesale Club by 9.6% in the 4th quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock valued at $306,436,000 after purchasing an additional 297,952 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.1%

Shares of BJ’s Wholesale Club stock opened at $93.42 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $107.62. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The business has a 50 day moving average price of $91.28 and a 200 day moving average price of $93.77. The company has a market capitalization of $11.93 billion, a P/E ratio of 21.47, a P/E/G ratio of 3.48 and a beta of 0.21.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The firm had revenue of $5.66 billion for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Bank of America assumed coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday. UBS Group reiterated a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Finally, Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Wednesday, July 29th. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $105.93.

Insider Activity

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the sale, the chief executive officer directly owned 282,330 shares of the company’s stock, valued at $28,238,646.60. This trade represents a 20.55% 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 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 sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by company insiders.

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.