Danica Pension Livsforsikringsaktieselskab Invests $37.65 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 431,689 shares of the company’s stock, valued at approximately $37,652,000. Danica Pension Livsforsikringsaktieselskab owned about 0.34% of BJ’s Wholesale Club at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of BJ. BOK Financial Private Wealth Inc. bought a new position in BJ’s Wholesale Club during the fourth quarter valued at approximately $25,000. Strive Financial Group LLC bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $25,000. Essential Partners LLC lifted its holdings in shares of BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of BJ’s Wholesale Club by 147.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at $34,000. Institutional investors own 98.60% of the company’s stock.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction that occurred on 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 approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares of the company’s stock, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

BJ’s Wholesale Club Stock Down 1.6%

NYSE BJ opened at $92.88 on Wednesday. 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 stock has a market capitalization of $11.86 billion, a PE ratio of 21.35, a PEG ratio of 3.48 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $107.62. The business’s 50-day moving average is $91.40 and its 200 day moving average is $93.75.

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 analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the business earned $1.14 EPS. BJ’s Wholesale Club’s revenue was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on BJ shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday. Bank of America initiated coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target for the company. UBS Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday. William Blair downgraded BJ’s Wholesale Club from a “mixed” rating to a “market perform” rating in a report on Monday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $105.33.

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.