BJ's Wholesale Club Holdings, Inc. $BJ Shares Sold by Fiduciary Management Inc. WI

Key Points

• Fiduciary Management Inc. WI reduced its stake in BJ's Wholesale Club by 16.6%, owning 1,674,420 shares after selling 333,584 shares during the first quarter.
• Insider transactions included Paul Cichocki selling 58,436 shares and CEO Robert W. Eddy selling 17,900 shares, representing a 33.86% and 4.63% decrease in their ownerships, respectively.
• BJ's Wholesale Club reported an EPS of $1.14 for the last quarter, surpassing the consensus estimate, with an anticipated EPS of 3.96 for the current fiscal year.

Fiduciary Management Inc. WI lowered its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 16.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,674,420 shares of the company's stock after selling 333,584 shares during the quarter. BJ's Wholesale Club makes up about 1.8% of Fiduciary Management Inc. WI's holdings, making the stock its 18th biggest position. Fiduciary Management Inc. WI owned 1.27% of BJ's Wholesale Club worth $191,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of BJ. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of BJ's Wholesale Club in the 1st quarter valued at $33,000. HM Payson & Co. acquired a new position in shares of BJ's Wholesale Club in the 1st quarter valued at $41,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of BJ's Wholesale Club in the 1st quarter valued at $43,000. Wayfinding Financial LLC acquired a new position in shares of BJ's Wholesale Club in the 1st quarter valued at $51,000. Finally, IFP Advisors Inc grew its position in BJ's Wholesale Club by 22.0% in the 1st quarter. IFP Advisors Inc now owns 510 shares of the company's stock valued at $58,000 after buying an additional 92 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Paul Cichocki sold 58,436 shares of the business's stock in a transaction dated 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 sale, the executive vice president directly owned 114,127 shares in the company, valued at $12,563,100.16. The trade was a 33.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert W. Eddy sold 17,900 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $107.08, for a total transaction of $1,916,732.00. Following the completion of the sale, the chief executive officer owned 368,333 shares in the company, valued at $39,441,097.64. This represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 138,061 shares of company stock worth $15,027,745 in the last three months. Corporate insiders own 1.40% of the company's stock.

BJ's Wholesale Club Price Performance

Shares of NYSE BJ opened at $106.2160 on Friday. The firm has a market capitalization of $14.03 billion, a P/E ratio of 24.70, a PEG ratio of 2.97 and a beta of 0.43. BJ's Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10. The company's fifty day moving average is $107.44 and its two-hundred day moving average is $110.03. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.14 and a current ratio of 0.77.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its 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 2.76% and a return on equity of 31.98%. The firm's revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.09 EPS. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on BJ. Wall Street Zen lowered shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Wells Fargo & Company reiterated an "overweight" rating and issued a $127.00 price objective (up from $125.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Gordon Haskett lowered shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 price objective on the stock. in a research report on Friday, August 15th. Loop Capital reiterated a "hold" rating and issued a $120.00 price objective (up from $110.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $115.33.

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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