UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 12.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 465,315 shares of the company’s stock after selling 68,353 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in BJ’s Wholesale Club were worth $40,585,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of BJ. Sei Investments Co. lifted its position in BJ’s Wholesale Club by 19.6% in the first quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock valued at $39,033,000 after purchasing an additional 64,942 shares during the period. Entropy Technologies LP acquired a new position in BJ’s Wholesale Club during the 1st quarter worth approximately $1,135,000. Focus Partners Wealth increased its position in BJ’s Wholesale Club by 6.2% during the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock worth $47,256,000 after purchasing an additional 30,095 shares during the period. Reinhart Partners LLC. raised its stake in shares of BJ’s Wholesale Club by 30.7% during the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after buying an additional 12,784 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $27,242,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BJ. Citigroup lifted their price target on 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. Weiss Ratings raised BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Roth Capital restated a “neutral” rating and set a $97.00 target price on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Wall Street Zen raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $106.06.

View Our Latest Report on BJ

BJ’s Wholesale Club Stock Performance

BJ opened at $93.15 on Friday. The stock has a market cap of $11.77 billion, a P/E ratio of 20.38, a P/E/G ratio of 2.73 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The stock’s 50 day simple moving average is $92.60 and its 200 day simple moving average is $93.36. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $105.78.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ’s Wholesale Club’s quarterly revenue was up 15.7% 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 4.600-4.800 EPS. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Insider Activity

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the sale, the senior vice president owned 13,269 shares of the company’s stock, valued at $1,282,448.85. This represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Eddy sold 73,016 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the transaction, the chief executive officer directly owned 282,330 shares of the company’s stock, valued at approximately $28,238,646.60. This trade represents a 20.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 95,916 shares of company stock worth $9,458,889 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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