Legal & General Group Plc Buys Shares of 174,491 BJ’s Wholesale Club Holdings, Inc. $BJ

Legal & General Group Plc purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 174,491 shares of the company’s stock, valued at approximately $15,219,000. Legal & General Group Plc owned about 0.14% of BJ’s Wholesale Club at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BOK Financial Private Wealth Inc. acquired a new stake in shares of BJ’s Wholesale Club in the 4th quarter worth $25,000. Strive Financial Group LLC acquired a new position in BJ’s Wholesale Club during the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust raised its stake 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 valued at $26,000 after buying an additional 173 shares during the last quarter. Quantbot Technologies LP purchased a new stake in BJ’s Wholesale Club in the second quarter valued at about $28,000. Finally, Essential Partners LLC boosted its holdings in BJ’s Wholesale Club by 81.2% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares in the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday. Roth Capital reiterated a “neutral” rating and issued a $97.00 target price on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. DA Davidson boosted their target price on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, Citigroup upped their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $106.06.

Insider Buying and Selling

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares in the company, valued at approximately $1,282,448.85. The trade was a 10.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. This trade represents a 20.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 95,916 shares of company stock worth $9,458,889. 1.10% of the stock is owned by company insiders.

BJ’s Wholesale Club Stock Up 0.1%

BJ’s Wholesale Club stock opened at $90.68 on Monday. The business’s 50-day simple moving average is $92.11 and its two-hundred day simple moving average is $93.59. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The company has a market cap of $11.45 billion, a PE ratio of 19.84, a PEG ratio of 3.05 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period last year, the business posted $1.14 earnings per share. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current year.

BJ’s Wholesale Club Company 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.