Rathbones Group PLC Has $28.31 Million Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Rathbones Group PLC lowered its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 12.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 287,606 shares of the company’s stock after selling 40,995 shares during the quarter. Rathbones Group PLC’s holdings in BJ’s Wholesale Club were worth $28,306,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. BOK Financial Private Wealth Inc. acquired a new stake in BJ’s Wholesale Club in the fourth quarter worth $25,000. Strive Financial Group LLC acquired a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at about $25,000. Parkside Financial Bank & Trust raised its holdings in shares of BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Essential Partners LLC boosted its position in shares of 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 in the last quarter. Finally, Sunbelt Securities Inc. bought a new position in shares of BJ’s Wholesale Club during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.1%

BJ’s Wholesale Club stock opened at $97.84 on Monday. The firm has a market capitalization of $12.49 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 3.64 and a beta of 0.21. The firm’s fifty day moving average price is $89.60 and its two-hundred day moving average price is $93.72. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

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

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 73,016 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $28,238,646.60. This trade represents a 20.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, June 10th. The stock was 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 in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

BJ has been the subject of several research reports. JPMorgan Chase & Co. raised their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Bank of America began coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target on the stock. Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Wednesday, July 29th. UBS Group reissued a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.93.

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.