BJ's Wholesale Club (NYSE:BJ) CEO Sells 73,016 Shares

Key Points

• CEO Robert Eddy sold 73,016 BJ’s shares at an average price of $100.02, generating approximately $7.3 million. The Rule 10b5-1 planned sale reduced his stake by 20.55% to 282,330 shares.
• BJ’s shares fell 0.6% to $97.84, while the company recently reported quarterly EPS of $1.10 and revenue of $5.66 billion, beating analyst estimates. Revenue increased 9.9% year over year.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and average price target of $105.93; institutional investors own 98.6% of the stock.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) CEO Robert Eddy sold 73,016 shares of the business's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the sale, the chief executive officer owned 282,330 shares of the company's stock, valued at $28,238,646.60. This trade represents a 20.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ's Wholesale Club Stock Down 0.6%

Shares of NYSE:BJ traded down $0.61 during midday trading on Friday, hitting $97.84. 1,106,981 shares of the company's stock were exchanged, compared to its average volume of 2,016,044. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The stock has a 50 day moving average price of $89.37 and a 200-day moving average price of $93.68. The company has a market cap of $12.49 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 3.73 and a beta of 0.22. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $110.92.

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

Analyst Ratings Changes

A number of research firms have issued reports on BJ. UBS Group reaffirmed a "buy" rating and set a $109.00 price objective on shares of BJ's Wholesale Club in a report on Tuesday, May 26th. Bank of America started coverage on shares of BJ's Wholesale Club in a research report on Wednesday, May 20th. They set a "neutral" rating and a $110.00 price target on the stock. 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 research report on Wednesday. Citigroup decreased their price objective on shares of BJ's Wholesale Club from $118.00 to $100.00 and set a "buy" rating for the company in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. boosted their target price on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, BJ's Wholesale Club has an average rating of "Moderate Buy" and an average target price of $105.93.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ's Wholesale Club in the 4th quarter worth approximately $25,000. Strive Financial Group LLC bought a new stake in shares of BJ's Wholesale Club in the fourth quarter valued at $25,000. Essential Partners LLC lifted 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 valued at $29,000 after buying an additional 130 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of BJ's Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company's stock valued at $26,000 after buying an additional 173 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new position in shares of BJ's Wholesale Club during the 3rd quarter worth $34,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

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.

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