1,246,094 Shares in BJ's Wholesale Club Holdings, Inc. $BJ Purchased by Bank of America Corp DE

Key Points

• Bank of America purchased 1.25 million BJ’s shares during the second quarter, valued at approximately $108.7 million and representing about 0.98% of the company. Institutional investors collectively own 98.6% of BJ’s stock.
• BJ’s reported quarterly EPS of $1.36, beating estimates of $1.17, while revenue rose 15.7% year over year to $6.23 billion. Management maintained fiscal 2026 EPS guidance of $4.60–$4.80.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $106.06 versus the stock’s recent price near $92. Insiders sold 87,416 shares worth approximately $8.7 million over the past three months.

Bank of America Corp DE purchased a new position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,246,094 shares of the company's stock, valued at approximately $108,684,000. Bank of America Corp DE owned approximately 0.98% of BJ's Wholesale Club at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Corient Private Wealth LLC increased its holdings in BJ's Wholesale Club by 0.6% during the 4th quarter. Corient Private Wealth LLC now owns 18,491 shares of the company's stock worth $1,665,000 after acquiring an additional 113 shares during the period. PNC Financial Services Group Inc. grew its position in BJ's Wholesale Club by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,015 shares of the company's stock worth $902,000 after buying an additional 130 shares in the last quarter. Essential Partners LLC increased its stake in BJ's Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company's stock worth $29,000 after acquiring an additional 130 shares during the last quarter. Balefire LLC boosted its position in shares of BJ's Wholesale Club by 5.0% during the 1st quarter. Balefire LLC now owns 2,845 shares of the company's stock valued at $280,000 after acquiring an additional 136 shares during the last quarter. Finally, Elevated Capital Advisors LLC grew its holdings in shares of BJ's Wholesale Club by 15.6% during the first quarter. Elevated Capital Advisors LLC now owns 1,050 shares of the company's stock worth $103,000 after purchasing an additional 142 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Stock Down 1.3%

BJ stock opened at $92.12 on Friday. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $105.78. The business has a fifty day moving average price of $93.59 and a 200-day moving average price of $92.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The stock has a market capitalization of $11.64 billion, a P/E ratio of 20.16, a P/E/G ratio of 2.74 and a beta of 0.18.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ's Wholesale Club's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. William Blair downgraded shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research note on Monday, August 17th. The Goldman Sachs Group restated a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday, August 24th. UBS Group increased their price objective on BJ's Wholesale Club from $109.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Roth Capital reissued a "neutral" rating and set a $97.00 price objective on shares of BJ's Wholesale Club in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $106.06.

Insider Activity

In related news, CEO Robert W. Eddy sold 73,016 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 282,330 shares of the company's stock, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the business's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president owned 13,269 shares in the company, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,416 shares of company stock valued at $8,699,844 in the last three months. Insiders own 1.10% of the company's stock.

BJ's Wholesale Club Profile

BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ's also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.

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