BlackRock Inc. Makes New Investment in BJ's Wholesale Club Holdings, Inc. $BJ

BlackRock Inc. bought a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,468,509 shares of the company's stock, valued at approximately $1,087,503,000. BlackRock Inc. owned approximately 9.76% of BJ's Wholesale Club as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Ossiam purchased a new stake in BJ's Wholesale Club in the second quarter valued at approximately $100,000. Daiwa Securities Group Inc. grew its stake in BJ's Wholesale Club by 81.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company's stock worth $736,000 after buying an additional 3,054 shares in the last quarter. AXA S.A. bought a new position in shares of BJ's Wholesale Club in the 2nd quarter worth $1,094,000. Sei Investments Co. raised its position in shares of BJ's Wholesale Club by 31.5% during the 2nd quarter. Sei Investments Co. now owns 276,115 shares of the company's stock valued at $29,773,000 after buying an additional 66,204 shares in the last quarter. Finally, BNP Paribas purchased a new stake in shares of BJ's Wholesale Club during the 2nd quarter valued at $105,000. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BJ has been the subject of several research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of BJ's Wholesale Club in a research report on Wednesday, July 8th. Citigroup dropped their price target on BJ's Wholesale Club from $118.00 to $100.00 and set a "buy" rating for the company in a research note on Tuesday, May 26th. JPMorgan Chase & Co. upped their price objective on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock a "neutral" rating in a report on Tuesday, May 26th. Gordon Haskett upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a research report on Wednesday, July 29th. Finally, DA Davidson set a $105.00 price target on shares of BJ's Wholesale Club in a research report on Tuesday. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, BJ's Wholesale Club currently has an average rating of "Hold" and an average price target of $105.33.

BJ's Wholesale Club Stock Performance

Shares of BJ's Wholesale Club stock opened at $96.61 on Friday. The stock has a market cap of $12.34 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 3.24 and a beta of 0.21. The firm's 50-day moving average is $91.50 and its 200 day moving average is $93.77. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $83.21 and a 1 year high of $105.78. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. BJ's Wholesale Club's revenue was up 15.7% compared to the same quarter last year. During the same period last year, the business earned $1.14 EPS. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.53 EPS for the current fiscal year.

Trending Headlines about BJ's Wholesale Club

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

• Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
• Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
• Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
• Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement

Insider Activity

In related news, EVP Scott Schmadeke sold 16,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares of the company's stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 73,016 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares in the company, valued at $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

About BJ's Wholesale Club

BJ's Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ's features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ's Wholesale Club quickly expanded throughout the Northeastern United States.

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