SageGuard Financial Group LLC Trims Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

SageGuard Financial Group LLC lowered its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 40.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,098 shares of the company’s stock after selling 6,940 shares during the quarter. SageGuard Financial Group LLC’s holdings in BJ’s Wholesale Club were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Ossiam bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth about $100,000. Daiwa Securities Group Inc. increased its holdings in shares of BJ’s Wholesale Club by 81.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock valued at $736,000 after acquiring an additional 3,054 shares during the last quarter. AXA S.A. acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter valued at approximately $1,094,000. Sei Investments Co. raised its position in shares of BJ’s Wholesale Club by 31.5% during the 2nd quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock valued at $29,773,000 after acquiring an additional 66,204 shares in the last quarter. Finally, BNP Paribas bought a new position in BJ’s Wholesale Club during the second quarter worth $105,000. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Bank of America started coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective for the company. UBS Group restated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a report on Thursday, March 5th. William Blair reaffirmed a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Finally, DA Davidson increased their price objective on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and an average price target of $105.27.

BJ’s Wholesale Club Trading Down 0.3%

NYSE:BJ opened at $88.64 on Monday. The firm has a market capitalization of $11.32 billion, a P/E ratio of 20.38, a P/E/G ratio of 3.31 and a beta of 0.23. The business has a 50 day simple moving average of $90.84 and a 200 day simple moving average of $93.85. 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 12-month low of $83.21 and a 12-month high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the sale, the chief executive officer directly owned 306,330 shares in the company, valued at $27,882,156.60. This trade represents a 2.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were 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 $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,550 shares of company stock valued at $2,435,904 in the last quarter. Company insiders own 1.10% of the company’s stock.

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.