Blair William & Co. IL Has $40.95 Million Stock Holdings in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Blair William & Co. IL increased its holdings in BJ's Wholesale Club by 1.5% during the second quarter, owning approximately 379,716 shares valued at about $40.95 million.
• BJ's Wholesale Club reported $1.14 EPS for the latest quarter, surpassing analysts' expectations of $1.10, although its revenue of $5.38 billion fell short of the forecast.
• Multiple analysts have adjusted their ratings on BJ's stock, with a consensus rating of "Hold" and an average target price of $114.31.

Blair William & Co. IL boosted its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 379,716 shares of the company's stock after acquiring an additional 5,596 shares during the period. Blair William & Co. IL owned 0.29% of BJ's Wholesale Club worth $40,945,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BJ. Oliver Lagore Vanvalin Investment Group bought a new stake in BJ's Wholesale Club during the second quarter worth $26,000. REAP Financial Group LLC grew its stake in shares of BJ's Wholesale Club by 152.5% in the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company's stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of BJ's Wholesale Club in the 1st quarter worth $33,000. Ameritas Advisory Services LLC purchased a new stake in shares of BJ's Wholesale Club in the second quarter valued at about $35,000. Finally, HM Payson & Co. bought a new position in shares of BJ's Wholesale Club during the first quarter valued at about $41,000. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Down 0.7%

BJ's Wholesale Club stock opened at $88.56 on Friday. The firm has a 50 day simple moving average of $98.78 and a 200 day simple moving average of $107.39. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $83.92 and a 1-year high of $121.10. The firm has a market capitalization of $11.67 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 2.38 and a beta of 0.36.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Friday, August 22nd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.04. BJ's Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The firm had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.49 billion. During the same period last year, the company earned $1.09 earnings per share. The business's revenue for the quarter 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, analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Transactions at BJ's Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of the business's stock in a transaction that occurred on 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 owned 114,127 shares of the company's stock, valued at approximately $12,563,100.16. The trade was a 33.86% decrease in their ownership of the stock. The sale 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 stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares in the company, valued at $1,160,073.62. This represents a 35.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wall Street Zen downgraded BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Evercore ISI reduced their price target on shares of BJ's Wholesale Club from $108.00 to $105.00 and set an "in-line" rating for the company in a research report on Tuesday. DA Davidson lowered their price objective 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. Citigroup dropped their target price on shares of BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating on the stock in a research note on Monday, August 25th. Finally, Jefferies Financial Group restated a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, August 22nd. Nine equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $114.31.

BJ's Wholesale Club 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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