Corient Private Wealth LP Makes New $1.36 Million Investment in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Corient Private Wealth acquired 15,653 BJ’s Wholesale Club shares valued at approximately $1.36 million during the second quarter. Institutional investors and hedge funds collectively own 98.6% of the company.
• BJ’s reported quarterly EPS of $1.36, beating estimates of $1.17, while revenue rose 15.7% year over year to $6.23 billion. The company guided to fiscal 2026 EPS of $4.60–$4.80.
• Analyst sentiment is mixed, with 10 Buy, nine Hold and one Sell rating, producing a consensus rating of “Hold” and a $106.06 price target. Insiders have sold 95,916 shares worth about $9.46 million over the past 90 days.

Corient Private Wealth LP acquired a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,653 shares of the company's stock, valued at approximately $1,365,000.

Several other large investors have also recently made changes to their positions in the company. Ausdal Financial Partners Inc. purchased a new position in shares of BJ's Wholesale Club during the 2nd quarter valued at approximately $306,000. Bank of America Corp DE acquired a new stake in shares of BJ's Wholesale Club in the second quarter valued at about $108,684,000. Freestone Grove Partners LP acquired a new stake in shares of BJ's Wholesale Club in the second quarter valued at about $16,332,000. Man Group plc purchased a new stake in shares of BJ's Wholesale Club during the second quarter worth about $17,994,000. Finally, Jupiter Topco LLC purchased a new position in BJ's Wholesale Club in the 2nd quarter valued at about $5,133,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BJ has been the subject of several research reports. The Goldman Sachs Group reiterated a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday, August 24th. Bank of America started coverage on BJ's Wholesale Club in a report on Wednesday, May 20th. They set a "neutral" rating and a $110.00 price target on the stock. DA Davidson raised their price target on shares of BJ's Wholesale Club from $105.00 to $108.00 and gave the stock a "buy" rating in a report on Monday, August 24th. Weiss Ratings raised BJ's Wholesale Club from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 26th. Finally, William Blair downgraded BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research report on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BJ's Wholesale Club has an average rating of "Hold" and a consensus target price of $106.06.

Insider Transactions at BJ's Wholesale Club

In related news, SVP Joseph Mcgrail sold 1,500 shares of the company's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares of the company's stock, valued at $1,282,448.85. This represents a 10.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert Eddy sold 4,900 shares of the business's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $100.01, for a total value 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 approximately $27,435,743.30. This represents a 1.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 95,916 shares of company stock valued at $9,458,889. Corporate insiders own 1.10% of the company's stock.

BJ's Wholesale Club Stock Performance

NYSE:BJ opened at $93.20 on Friday. 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 $11.77 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 2.74 and a beta of 0.18. The company has a fifty day simple moving average of $92.69 and a two-hundred day simple moving average of $93.36. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $83.21 and a 52 week high of $105.78.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The business had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. During the same quarter last year, the business posted $1.14 EPS. The business's quarterly revenue 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. As a group, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current fiscal year.

BJ's Wholesale Club 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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