Freestone Grove Partners LP Takes $16.33 Million Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Freestone Grove Partners LP acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 187,255 shares of the company’s stock, valued at approximately $16,332,000. Freestone Grove Partners LP owned 0.15% of BJ’s Wholesale Club at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BJ. Ossiam purchased a new stake in shares of BJ’s Wholesale Club in the second quarter worth approximately $100,000. Daiwa Securities Group Inc. lifted its stake in BJ’s Wholesale Club by 81.0% in the second quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company’s stock valued at $736,000 after purchasing an additional 3,054 shares during the last quarter. AXA S.A. bought a new position in BJ’s Wholesale Club during the second quarter valued at $1,094,000. Sei Investments Co. grew its holdings in BJ’s Wholesale Club by 31.5% during the second quarter. Sei Investments Co. now owns 276,115 shares of the company’s stock valued at $29,773,000 after purchasing an additional 66,204 shares during the period. Finally, BNP Paribas bought a new stake in shares of BJ’s Wholesale Club in the second quarter valued at $105,000. 98.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BJ shares. Citigroup increased their price target on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday. Roth Capital reiterated a “neutral” rating and issued a $97.00 target price on shares of BJ’s Wholesale Club in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Wednesday, July 29th. Finally, UBS Group boosted their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a report on Monday. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $106.06.

BJ’s Wholesale Club Stock Down 3.1%

BJ stock opened at $90.43 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $11.55 billion, a PE ratio of 19.79, a PEG ratio of 3.14 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78. The stock has a 50-day simple moving average of $92.00 and a two-hundred day simple moving average of $93.66.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the prior year, the firm posted $1.14 earnings per share. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

More BJ’s Wholesale Club News

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Analyst support remains a key positive. Citi maintained its Buy rating and raised its price target to $111, while UBS increased its target to $115. The upgrades reflect confidence in BJ’s earnings momentum and operating outlook. Citi maintains Buy rating UBS raises price target
• Positive Sentiment: BJ’s plans to open six new locations, including an upcoming Ocala club, could expand its membership base, sales footprint and long-term growth opportunities. BJ’s opening six new locations
• Positive Sentiment: The latest quarter showed solid fundamentals: revenue increased 15.7% year over year to $6.23 billion, while EPS of $1.36 exceeded the $1.17 consensus estimate. Fiscal 2026 EPS guidance remains $4.60 to $4.80.
• Neutral Sentiment: A comparison of Costco, Sam’s Club and BJ’s focuses on which warehouse retailer offers the lowest prices. The article could influence customer perceptions and competitive positioning, but its impact depends on the comparison’s methodology and conclusions. Warehouse club price comparison
• Neutral Sentiment: Roth Capital reiterated a Neutral rating, contributing to a divided analyst view. The broader consensus is Hold, with an average price target near $106, above recent trading levels. Roth Capital reiterates Neutral rating
• Negative Sentiment: Insider selling may be pressuring sentiment. CEO Robert Eddy sold 4,900 shares for approximately $490,000, and SVP Joseph McGrail sold 1,500 shares for about $145,000. Eddy’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, reducing its bearish significance, but the combined sales remain a near-term overhang. BJ insider share sales
• Negative Sentiment: Reports that BJ’s is limiting some member purchases as demand shifts raise concerns about inventory availability, customer demand and the potential effect on sales. The longer-term impact remains unclear. BJ’s member purchase limits

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 4,900 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the transaction, the chief executive officer directly owned 274,330 shares in the company, valued at $27,435,743.30. The trade was a 1.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 20,471 shares in the company, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 95,916 shares of company stock valued at $9,458,889. Company insiders own 1.10% of the company’s stock.

About BJ’s Wholesale Club

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.