BJ's Wholesale Club Holdings, Inc. $BJ Stock Holdings Raised by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. raised its stake in BJ's Wholesale Club by 377.2% during Q1, acquiring an additional 22,399 shares, bringing its total to 28,338 shares valued at approximately $3.23 million.
• Analysts have mixed views on BJ's Wholesale Club, with ten giving it a "Buy" rating and others adjusting price targets; the consensus target price is currently $113.18.
• Insiders sold a combined total of 138,061 shares valued at over $15 million in the last three months, indicating potential changes in executive positions or market sentiment.

Landscape Capital Management L.L.C. increased its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 377.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,338 shares of the company's stock after purchasing an additional 22,399 shares during the period. Landscape Capital Management L.L.C.'s holdings in BJ's Wholesale Club were worth $3,233,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in shares of BJ's Wholesale Club by 199.7% in the first quarter. Bank of New York Mellon Corp now owns 2,986,494 shares of the company's stock worth $340,759,000 after acquiring an additional 1,989,980 shares during the last quarter. Bessemer Group Inc. increased its position in shares of BJ's Wholesale Club by 65.9% during the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company's stock valued at $477,709,000 after acquiring an additional 1,662,415 shares during the last quarter. Wellington Management Group LLP lifted its stake in BJ's Wholesale Club by 449.6% during the first quarter. Wellington Management Group LLP now owns 1,126,001 shares of the company's stock worth $128,477,000 after purchasing an additional 921,139 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of BJ's Wholesale Club by 29.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 3,228,685 shares of the company's stock worth $368,393,000 after buying an additional 741,782 shares during the period. Finally, Woodley Farra Manion Portfolio Management Inc. acquired a new stake in shares of BJ's Wholesale Club in the first quarter valued at $79,292,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BJ's Wholesale Club

In other BJ's Wholesale Club news, CEO Robert W. Eddy sold 17,900 shares of BJ's Wholesale Club stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $107.08, for a total value of $1,916,732.00. Following the completion of the sale, the chief executive officer directly owned 368,333 shares of the company's stock, valued at approximately $39,441,097.64. The trade was a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the transaction, the executive vice president owned 114,127 shares of the company's stock, valued at $12,563,100.16. The trade was a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 120,161 shares of company stock worth $13,023,303. 1.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on BJ shares. Loop Capital restated a "hold" rating and set a $120.00 target price (up from $110.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Jefferies Financial Group reiterated a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, August 22nd. Robert W. Baird lifted their price objective on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, May 23rd. DA Davidson reduced their target price on shares of BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating on the stock in a report on Monday, August 25th. Finally, Morgan Stanley decreased their price target on BJ's Wholesale Club from $125.00 to $115.00 and set an "equal weight" rating for the company in a report on Monday, August 25th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, BJ's Wholesale Club currently has a consensus rating of "Moderate Buy" and an average price target of $113.18.

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock traded down $1.05 during trading hours on Wednesday, reaching $97.55. 611,956 shares of the stock were exchanged, compared to its average volume of 1,925,654. The stock has a market cap of $12.85 billion, a P/E ratio of 22.39, a P/E/G ratio of 2.60 and a beta of 0.40. The firm's 50 day moving average is $105.28 and its 200 day moving average is $109.59. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $76.33 and a 52-week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.04. The company had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.49 billion. BJ's Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.09 EPS. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.