BJ's Wholesale Club Holdings, Inc. $BJ Shares Newly Bought by Hohimer Wealth Management LLC

Key Points

• Hohimer Wealth Management opened a position in BJ’s Wholesale Club, buying 46,248 shares worth approximately $4.26 million in the third quarter.
• Other large investors also added or initiated positions, and institutional investors own 98.6% of the company’s shares.
• BJ’s reported quarterly EPS of $1.36, beating the $1.17 estimate, while revenue rose 15.7% year over year to $6.23 billion. The company guided to fiscal 2026 EPS of $4.60–$4.80.

Hohimer Wealth Management LLC acquired a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 46,248 shares of the company's stock, valued at approximately $4,255,000.

A number of other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in BJ's Wholesale Club during the 2nd quarter worth approximately $1,087,503,000. Wellington Management Group LLP boosted its position in shares of BJ's Wholesale Club by 15.4% in the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company's stock worth $286,281,000 after purchasing an additional 436,827 shares during the period. Bank of New York Mellon Corp bought a new position in shares of BJ's Wholesale Club in the second quarter worth approximately $179,649,000. Bank of America Corp DE bought a new position in shares of BJ's Wholesale Club in the second quarter worth approximately $108,684,000. Finally, Amundi increased its stake in shares of BJ's Wholesale Club by 31.7% in the second quarter. Amundi now owns 1,122,060 shares of the company's stock worth $97,866,000 after purchasing an additional 270,253 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Price Performance

Shares of NYSE:BJ opened at $109.48 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The firm has a fifty day moving average price of $98.07 and a 200 day moving average price of $94.92. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $83.21 and a fifty-two week high of $113.35. The firm has a market cap of $13.83 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 3.21 and a beta of 0.12.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate 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 net margin of 2.62% and a return on equity of 27.40%. BJ's Wholesale Club's quarterly revenue was up 15.7% on a year-over-year basis. During the same period last year, the company posted $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BJ has been the topic of several recent analyst reports. DA Davidson set a $108.00 price objective on shares of BJ's Wholesale Club in a research report on Thursday, October 8th. Weiss Ratings raised shares of BJ's Wholesale Club from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a report on Monday, August 24th. Gordon Haskett upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 price target for the company in a research note on Wednesday, July 29th. Finally, TD Cowen initiated coverage on BJ's Wholesale Club in a report on Friday, October 30th. They set a "strong-buy" rating on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, BJ's Wholesale Club currently has a consensus rating of "Moderate Buy" and an average target price of $106.19.

Insider Transactions at BJ's Wholesale Club

In other news, EVP William C. Werner sold 3,000 shares of BJ's Wholesale Club stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $95.00, for a total value of $285,000.00. Following the sale, the executive vice president directly owned 50,160 shares of the company's stock, valued at approximately $4,765,200. The trade was a 5.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $144,975.00. Following the completion of the sale, the senior vice president owned 13,269 shares in the company, valued at $1,282,448.85. This represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 228,436 shares of company stock worth $23,343,836. 1.10% of the stock is currently owned by company insiders.

Trending Headlines about BJ's Wholesale Club

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

• Positive Sentiment: BJ’s plans to open its second Kentucky club in Frankfort on November 13, adding to its store network. Article: BJ’s Wholesale Club To Open 2nd KY Location In Frankfort Nov. 13
• Positive Sentiment: A planning board granted preliminary site-plan approval for a proposed BJ’s club in New Hartford, New York, advancing another potential location. Article: New Hartford Planning Board grants preliminary site plan approval to BJ's Wholesale Club
• Neutral Sentiment: EVP Laura Felice sold 10,000 shares for about $1.1 million under a pre-arranged Rule 10b5-1 plan. She retained 84,416 shares, which makes the sale a limited signal about the company’s outlook. Article: Insider Selling: BJ's Wholesale Club EVP Sells $1,105,300 in Stock
• Negative Sentiment: Citigroup downgraded BJ from Buy to Neutral, saying investor optimism is already reflected in the shares. Citi raised its price target to $113 from $111, but the downgrade may temper enthusiasm after the stock’s recent strength. Article: Citi downgrades BJ’s Wholesale, says optimism already priced in
• Negative Sentiment: A public hearing on a proposed BJ’s development in Branford will continue, leaving the project’s approval unresolved and potentially extending the timeline. Article: Branford to continue public hearing on proposed BJ’s development

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations.

The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen.

Founded in 1984 in Massachusetts, BJ's primarily serves customers in the eastern United States.

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