Boston Trust Walden Corp Sells 89,587 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Boston Trust Walden Corp decreased its stake in BJ's Wholesale Club by 9.4%, selling 89,587 shares, and now owns 861,882 shares valued at approximately $92.9 million.
• Analysts have downgraded BJ's Wholesale Club's stock ratings recently, with Weiss Ratings lowering it from a "buy (b-)" to a "hold (c+)", and several analysts decreasing price targets.
• Insider selling activity has been notable, with two executive vice presidents selling a total of 64,736 shares, significantly reducing their ownership percentages in the company.

Boston Trust Walden Corp reduced its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 9.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 861,882 shares of the company's stock after selling 89,587 shares during the period. Boston Trust Walden Corp owned 0.65% of BJ's Wholesale Club worth $92,937,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in BJ. Oliver Lagore Vanvalin Investment Group bought a new position in shares of BJ's Wholesale Club during the second quarter valued at about $26,000. REAP Financial Group LLC raised its position in BJ's Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company's stock worth $27,000 after acquiring an additional 151 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new stake in BJ's Wholesale Club in the first quarter worth about $33,000. Ameritas Advisory Services LLC bought a new stake in BJ's Wholesale Club in the second quarter worth about $35,000. Finally, HM Payson & Co. bought a new stake in BJ's Wholesale Club in the first quarter worth about $41,000. 98.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings lowered shares of BJ's Wholesale Club from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. 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. Morgan Stanley lowered their price objective on shares of BJ's Wholesale Club from $125.00 to $115.00 and set an "equal weight" rating on the stock in a research report on Monday, August 25th. 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. Finally, JPMorgan Chase & Co. reduced their target price on shares of BJ's Wholesale Club from $113.00 to $110.00 and set a "neutral" rating for the company in a research note on Monday, August 25th. Nine analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $114.31.

Insider Activity at BJ's Wholesale Club

In related news, EVP Graham Luce sold 6,300 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $1,160,073.62. The trade was a 35.16% 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 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 transaction, the executive vice president directly owned 114,127 shares of the company's stock, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

BJ's Wholesale Club Price Performance

BJ opened at $92.85 on Tuesday. The company has a market capitalization of $12.23 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.40 and a beta of 0.36. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $98.09 and a 200-day moving average price of $107.06. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $83.92 and a twelve month high of $121.10.

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

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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