BJ's Wholesale Club Holdings, Inc. $BJ Shares Acquired by New York State Teachers Retirement System

Key Points

• The New York State Teachers Retirement System increased its stake in BJ's Wholesale Club by 3.4%, owning 151,374 shares valued at approximately $16.3 million.
• Two executive vice presidents sold a combined total of 64,736 shares of BJ's stock, indicating a significant decrease in their positions.
• BJ's Wholesale Club reported $1.14 EPS for the latest quarter, surpassing expectations, and set its FY 2025 guidance to 4.20-4.35 EPS.

New York State Teachers Retirement System boosted its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 3.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,374 shares of the company's stock after buying an additional 4,914 shares during the period. New York State Teachers Retirement System owned 0.11% of BJ's Wholesale Club worth $16,323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BJ. Oliver Lagore Vanvalin Investment Group bought a new position in shares of BJ's Wholesale Club in the second quarter valued at approximately $26,000. REAP Financial Group LLC boosted its stake in BJ's Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company's stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of BJ's Wholesale Club during the 1st quarter valued at $33,000. Ameritas Advisory Services LLC bought a new stake in shares of BJ's Wholesale Club in the 2nd quarter worth $35,000. Finally, HM Payson & Co. acquired a new stake in shares of BJ's Wholesale Club in the first quarter valued at $41,000. 98.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the sale, the executive vice president directly owned 114,127 shares in the company, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Graham Luce sold 6,300 shares of BJ's Wholesale Club stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the transaction, the executive vice president directly owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

BJ's Wholesale Club Stock Up 1.2%

BJ stock opened at $94.13 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. The firm has a market capitalization of $12.40 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.48 and a beta of 0.36. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $83.92 and a 52-week high of $121.10. The company's 50 day simple moving average is $96.97 and its 200-day simple moving average is $106.59.

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

Analyst Ratings Changes

Several brokerages have commented on BJ. DA Davidson dropped their price target on shares of BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating on the stock in a research report on Monday, August 25th. UBS Group dropped their target price on shares of BJ's Wholesale Club from $135.00 to $125.00 and set a "buy" rating on the stock in a report on Monday, August 25th. Jefferies Financial Group reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, August 22nd. Citigroup decreased their price target on shares of BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating on the stock in a research report on Monday, August 25th. Finally, Weiss Ratings downgraded BJ's Wholesale Club from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, BJ's Wholesale Club presently has an average rating of "Moderate Buy" and a consensus price target of $114.65.

BJ's Wholesale Club Company Profile

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.

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