BJ's Wholesale Club Holdings, Inc. $BJ Shares Acquired by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC increased its BJ’s stake by 3,050.6% in the third quarter, holding 150,000 shares valued at approximately $13.8 million. Institutional investors collectively own 98.6% of the company.
• BJ’s reported strong quarterly results, with earnings of $1.36 per share versus the $1.17 consensus estimate and revenue of $6.23 billion, up 15.7% year over year. The company maintained fiscal 2026 earnings guidance of $4.60–$4.80 per share.
• Analysts remain generally positive, assigning the stock a “Moderate Buy” consensus rating and an average price target of $106.06, while BJ’s continues expanding with a new Texas club and a promotional membership offer aimed at attracting customers.

International Assets Investment Management LLC increased its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 3,050.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,000 shares of the company's stock after purchasing an additional 145,239 shares during the quarter. International Assets Investment Management LLC owned 0.12% of BJ's Wholesale Club worth $13,800,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of BJ's Wholesale Club during the second quarter worth $1,087,503,000. Wellington Management Group LLP lifted its position in shares of BJ's Wholesale Club by 15.4% in the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company's stock worth $286,281,000 after buying an additional 436,827 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of BJ's Wholesale Club in the 2nd quarter valued at about $179,649,000. Bank of America Corp DE acquired a new position in shares of BJ's Wholesale Club in the 2nd quarter valued at about $108,684,000. Finally, Amundi boosted its holdings in shares of BJ's Wholesale Club by 31.7% in the 2nd quarter. Amundi now owns 1,122,060 shares of the company's stock valued at $97,866,000 after buying an additional 270,253 shares during the period. Institutional investors and hedge funds own 98.60% of the company's stock.

More BJ's Wholesale Club News

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

• Positive Sentiment: Texas expansion continues: BJ’s will open its fifth Texas club in Mesquite on November 6. The new location broadens the company’s footprint and provides another avenue for membership, sales and market-share growth. BJ's Wholesale Club in Mesquite, Texas, Set to Open November 6
• Positive Sentiment: Membership promotion could support customer growth: A heavily discounted annual membership, reportedly available for $10, may help BJ’s attract new members during the holiday and Black Friday shopping period. Increased membership penetration can support recurring fee revenue and store traffic, though the discount may reduce near-term membership revenue per new customer. BJ's Membership Black Friday Deal
• Neutral Sentiment: Upcoming earnings catalyst: BJ’s announced that it will hold its fiscal third-quarter 2026 earnings conference call on a later scheduled date. The announcement contained no new financial results, so investors are likely awaiting the report for updates on comparable sales, membership trends, margins and full-year guidance. BJ's Wholesale Club Announces Third Quarter Fiscal 2026 Earnings Conference Call Date
• Negative Sentiment: Potential development opposition in Branford: Residents raised concerns about a proposed BJ’s development in Branford, Connecticut. Opposition could create permitting delays, added costs or uncertainty for that individual project, although it does not appear to affect the company’s broader expansion plans. Branford Officials Hear From Residents on Proposed BJ's Development

BJ's Wholesale Club Trading Up 1.7%

Shares of NYSE:BJ opened at $107.20 on Friday. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $108.09. 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 company has a market cap of $13.54 billion, a PE ratio of 23.46, a P/E/G ratio of 3.15 and a beta of 0.17. The company's 50-day moving average price is $96.49 and its 200 day moving average price is $94.51.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The company had revenue of $6.23 billion for the quarter, compared to analysts' expectations of $5.97 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BJ shares. The Goldman Sachs Group restated a "buy" rating on shares of BJ's Wholesale Club in a research note on Monday, August 24th. TD Cowen started coverage on BJ's Wholesale Club in a research report on Friday. They set a "strong-buy" rating on the stock. Weiss Ratings upgraded BJ's Wholesale Club from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Citigroup raised their price target on BJ's Wholesale Club from $100.00 to $111.00 and gave the stock a "buy" rating in a report on Monday, August 24th. Finally, Wall Street Zen lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research report on Saturday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $106.06.

Insiders Place Their Bets

In related news, CEO Robert Eddy sold 172,184 shares of the stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $102.19, for a total value of $17,595,482.96. Following the completion of the transaction, the chief executive officer owned 266,330 shares in the company, valued at $27,216,262.70. This represents a 39.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the transaction, the senior vice president directly owned 13,269 shares in the company, valued at approximately $1,282,448.85. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 218,436 shares of company stock worth $22,238,536. 1.10% of the stock is owned by company insiders.

BJ's Wholesale Club Profile

BJ's Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ's also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.

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