BJ's Wholesale Club Holdings, Inc. $BJ Shares Bought by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors LLC significantly increased its stake in BJ's Wholesale Club by 187.2%, now holding 7,185 shares worth approximately $775,000.
• BJ's Wholesale Club reported a quarterly EPS of $1.14, surpassing estimates, but its revenue of $5.38 billion fell short of analyst projections of $5.49 billion.
• The company has set its FY 2025 guidance at 4.200-4.35 EPS, and analysts have a consensus target price of $114.63 for its stock.

Farther Finance Advisors LLC raised its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 187.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,185 shares of the company's stock after acquiring an additional 4,683 shares during the period. Farther Finance Advisors LLC's holdings in BJ's Wholesale Club were worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of BJ. State of Wyoming acquired a new position in BJ's Wholesale Club in the fourth quarter valued at $69,000. Voloridge Investment Management LLC acquired a new position in BJ's Wholesale Club in the fourth quarter valued at $1,880,000. Centaurus Financial Inc. acquired a new position in BJ's Wholesale Club in the fourth quarter valued at $148,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of BJ's Wholesale Club by 95.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,130 shares of the company's stock worth $994,000 after buying an additional 5,442 shares during the period. Finally, 111 Capital acquired a new stake in shares of BJ's Wholesale Club during the fourth quarter worth about $352,000. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Stock Up 0.4%

BJ's Wholesale Club stock opened at $93.85 on Friday. The firm has a market cap of $12.36 billion, a PE ratio of 21.52, a P/E/G ratio of 2.49 and a beta of 0.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. The firm's 50 day moving average price is $101.47 and its two-hundred day moving average price is $108.68. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $81.50 and a twelve month high of $121.10.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Morgan Stanley decreased their target price on shares of BJ's Wholesale Club from $125.00 to $115.00 and set an "equal weight" rating for the company in a research note on Monday, August 25th. UBS Group cut 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 research note on Monday, August 25th. Jefferies Financial Group reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, August 22nd. Gordon Haskett downgraded shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a research report on Friday, August 15th. Finally, Wall Street Zen downgraded shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, BJ's Wholesale Club currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.63.

Insider Buying and Selling at BJ's Wholesale Club

In other news, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the transaction, the executive vice president directly owned 114,127 shares of the company's stock, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Graham Luce sold 6,300 shares of the business's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 126,461 shares of company stock valued at $13,652,421 in the last ninety days. Company insiders own 1.40% of the company's stock.

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.

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