Clearbridge Investments LLC Sells 521,266 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Clearbridge Investments LLC trimmed its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 24.0% in the 4th quarter, Holdings Channel reports. The fund owned 1,647,471 shares of the company’s stock after selling 521,266 shares during the quarter. Clearbridge Investments LLC’s holdings in BJ’s Wholesale Club were worth $148,322,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. BOK Financial Private Wealth Inc. bought a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at $25,000. Sunbelt Securities Inc. bought a new position in shares of BJ’s Wholesale Club during the third quarter valued at $34,000. Leonteq Securities AG bought a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at $43,000. Los Angeles Capital Management LLC bought a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at $51,000. Finally, Blue Trust Inc. increased its holdings in shares of BJ’s Wholesale Club by 42.9% during the fourth quarter. Blue Trust Inc. now owns 713 shares of the company’s stock valued at $64,000 after acquiring an additional 214 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. UBS Group restated a “buy” rating and set a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. William Blair restated a “mixed” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Citigroup reduced their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. Finally, Wells Fargo & Company raised their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $105.27.

BJ’s Wholesale Club Trading Up 0.0%

BJ’s Wholesale Club stock opened at $89.22 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.65 and a one year high of $115.43. The stock has a market capitalization of $11.39 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 3.32 and a beta of 0.23. The business’s fifty day moving average is $93.05 and its 200 day moving average is $94.09.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $5.44 billion. During the same period last year, the firm posted $1.14 earnings per share. 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. On average, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

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.