California State Teachers Retirement System Raises Stock Position in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• California State Teachers Retirement System increased its BJ’s Wholesale Club stake by 8,560.2% in the second quarter, acquiring 12.97 million additional shares. It now owns 13.12 million shares, or approximately 10.27% of the company.
• BJ’s reported strong quarterly results, with EPS of $1.36 versus the $1.17 consensus and revenue of $6.23 billion, up 15.7% year over year. The company issued fiscal 2026 EPS guidance of $4.60–$4.80.
• Analyst sentiment remains mixed: 10 analysts rate the stock Buy, nine Hold, and one Sell, producing a consensus Hold rating and an average price target of $106.06. Shares opened at $91.80, within a 12-month range of $83.21 to $105.78.

California State Teachers Retirement System increased its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 8,560.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,116,580 shares of the company's stock after acquiring an additional 12,965,121 shares during the period. California State Teachers Retirement System owned approximately 10.27% of BJ's Wholesale Club worth $1,144,028,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. HB Wealth Management LLC raised its position in shares of BJ's Wholesale Club by 46.2% in the second quarter. HB Wealth Management LLC now owns 6,732 shares of the company's stock worth $587,000 after buying an additional 2,127 shares in the last quarter. AlphaGrep UK Ltd purchased a new stake in shares of BJ's Wholesale Club in the 2nd quarter valued at about $262,000. Strive Financial Group LLC raised its holdings in shares of BJ's Wholesale Club by 410.7% in the 2nd quarter. Strive Financial Group LLC now owns 1,578 shares of the company's stock valued at $138,000 after acquiring an additional 1,269 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of BJ's Wholesale Club by 149.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 6,232 shares of the company's stock valued at $544,000 after acquiring an additional 3,731 shares during the last quarter. Finally, Nykredit A S bought a new stake in shares of BJ's Wholesale Club during the 2nd quarter valued at about $465,000. Institutional investors own 98.60% of the company's stock.

Insider Buying and Selling

In other BJ's Wholesale Club news, CEO Robert Eddy sold 4,900 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the sale, the chief executive officer owned 274,330 shares of the company's stock, valued at $27,435,743.30. This represents a 1.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the sale, the senior vice president directly owned 13,269 shares of the company's stock, valued at $1,282,448.85. The trade was a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 79,416 shares of company stock valued at $7,938,084. Insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

BJ has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Weiss Ratings upgraded shares of BJ's Wholesale Club from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 26th. Gordon Haskett raised shares of 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. William Blair cut shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research note on Monday, August 17th. Finally, Wall Street Zen raised shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. Ten research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, BJ's Wholesale Club has a consensus rating of "Hold" and an average target price of $106.06.

BJ's Wholesale Club Stock Up 2.4%

Shares of NYSE:BJ opened at $91.80 on Friday. The stock's 50-day moving average price is $92.92 and its 200-day moving average price is $93.06. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $83.21 and a 12-month high of $105.78. The stock has a market capitalization of $11.60 billion, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 2.69 and a beta of 0.18. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results 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 company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ's Wholesale Club's revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.14 EPS. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ's also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.

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