Cibc World Market Inc. Invests $11.99 Million in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• CIBC World Market acquired 137,490 BJ’s shares worth approximately $11.99 million, giving it a 0.11% stake. Institutional investors collectively own 98.6% of the company’s stock.
• BJ’s delivered a strong quarterly performance, reporting $1.36 in EPS and $6.23 billion in revenue, both above analyst estimates. Revenue increased 15.7% year over year, and fiscal 2026 EPS guidance was set at $4.60–$4.80.
• Analyst sentiment remains mixed: ten analysts rate the stock Buy, nine Hold and one Sell, producing a consensus Hold rating and average price target of about $106.06. Meanwhile, the CEO and an executive vice president recently sold shares under pre-arranged trading plans.

Cibc World Market Inc. acquired a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 137,490 shares of the company's stock, valued at approximately $11,992,000. Cibc World Market Inc. owned 0.11% of BJ's Wholesale Club at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BJ. Victory Capital Management Inc. boosted its holdings in BJ's Wholesale Club by 57.2% in the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company's stock worth $1,164,114,000 after buying an additional 4,704,423 shares during the period. BlackRock Inc. bought a new stake in BJ's Wholesale Club during the second quarter valued at about $1,087,503,000. Franklin Resources Inc. lifted its position in shares of BJ's Wholesale Club by 12.8% in the fourth quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company's stock valued at $586,513,000 after acquiring an additional 737,130 shares in the last quarter. State Street Corp lifted its position in shares of BJ's Wholesale Club by 7.7% in the fourth quarter. State Street Corp now owns 5,471,805 shares of the company's stock valued at $492,627,000 after acquiring an additional 389,327 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of BJ's Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company's stock worth $310,834,000 after acquiring an additional 179,723 shares during the period. Hedge funds and other institutional investors own 98.60% of the company's stock.

Insider Activity at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 73,016 shares of BJ's Wholesale Club stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total value of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ's Wholesale Club stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of 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 position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on BJ. Bank of America began coverage on BJ's Wholesale Club in a research report on Wednesday, May 20th. They set a "neutral" rating and a $110.00 target price for the company. The Goldman Sachs Group restated a "buy" rating on shares of BJ's Wholesale Club in a research note on Monday. Gordon Haskett raised shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 price objective for the company in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Finally, Roth Capital restated a "neutral" rating and set a $97.00 target price on shares of BJ's Wholesale Club in a research report on Monday. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $106.06.

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock opened at $98.38 on Tuesday. The company's 50-day moving average price is $91.67 and its 200-day moving average price is $93.80. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The company has a market cap of $12.56 billion, a PE ratio of 21.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.21. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $105.78.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter last year, the firm earned $1.14 EPS. The firm's revenue for the quarter was up 15.7% compared to the same quarter last year. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, equities research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 4.68 EPS for the current fiscal year.

Key Stories Impacting BJ's Wholesale Club

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

• Positive Sentiment: Q2 results exceeded expectations and guidance was raised. BJ’s reported earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion, ahead of the $5.97 billion forecast and up approximately 15.7% year over year. Record membership growth, higher traffic and strong fuel sales supported the performance. Management raised fiscal 2026 EPS guidance to $4.60-$4.80. BJ's Q2 Earnings Beat on Traffic & Membership Momentum, Outlook Raised
• Positive Sentiment: Analysts raised their price targets after the results. UBS increased its target from $109 to $115 and maintained a Buy rating, citing BJ’s relevant business model. DA Davidson also raised its target from $105 to $108 and kept a Buy rating. UBS BJ's Price Target
• Positive Sentiment: Improving fundamentals are creating a more bullish setup. Revenue growth, membership expansion, customer traffic and institutional buying have strengthened the investment case, with the cited average analyst target around $105.33. BJ’s Wholesale Club Is Turning Stronger Fundamentals Into a Bullish Setup
• Neutral Sentiment: Roth Capital reaffirmed a Neutral rating and set a $97 price target, indicating limited near-term upside based on its valuation view. Benzinga analyst coverage
• Negative Sentiment: Valuation and cash-flow risks could limit further gains. A cautious analysis maintained a Hold rating, citing weaker core merchandise growth, pressured free cash flow and increased expansion spending. The shares’ premium valuation leaves less room for execution disappointments. BJ's Wholesale Club: A Great Business At The Wrong Price

BJ's Wholesale Club Company Profile

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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