BJ’s Wholesale Club Holdings, Inc. $BJ Stock Purchased by Avity Investment Management Inc.

Avity Investment Management Inc. boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 15.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 127,510 shares of the company’s stock after purchasing an additional 17,470 shares during the quarter. Avity Investment Management Inc.’s holdings in BJ’s Wholesale Club were worth $11,731,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Essential Partners LLC boosted its stake in BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of BJ’s Wholesale Club in the second quarter worth about $28,000. Keating Financial Advisory Services Inc. purchased a new position in BJ’s Wholesale Club in the 2nd quarter worth approximately $35,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $37,000. Finally, Versant Capital Management Inc boosted its holdings in shares of BJ’s Wholesale Club by 63.1% during the 3rd quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock worth $73,000 after purchasing an additional 308 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.3%

Shares of NYSE BJ traded down $0.31 during midday trading on Friday, reaching $98.73. 2,150,814 shares of the stock were exchanged, compared to its average volume of 1,980,161. The company has a 50 day simple moving average of $93.73 and a 200 day simple moving average of $92.55. The stock has a market capitalization of $12.47 billion, a P/E ratio of 21.60, a PEG ratio of 2.82 and a beta of 0.17. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the company earned $1.14 EPS. The business’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. As a group, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wall Street Zen raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Wednesday, July 29th. Citigroup raised their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Finally, Roth Capital reiterated a “neutral” rating and set a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.06.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction on Tuesday, August 25th. The stock was 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 in the company, valued at $1,282,448.85. The trade was a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $95.22, for a total value of $761,760.00. Following the completion of the transaction, the chief executive officer directly owned 266,330 shares in the company, valued at approximately $25,359,942.60. This trade represents a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 90,416 shares of company stock valued at $8,984,844 over the last quarter. 1.10% of the stock is owned by insiders.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.