BJ's Wholesale Club Holdings, Inc. $BJ Shares Sold by Integrated Investment Consultants LLC

Key Points

• Integrated Investment Consultants LLC significantly reduced its stake in BJ's Wholesale Club by 92.7%, selling 27,318 shares during the first quarter, leaving it with only 2,149 shares worth approximately $245,000.
• Insider selling has been notable, with EVP Paul Cichocki selling 58,436 shares amounting to over $6.4 million and CEO Robert W. Eddy also selling 17,900 shares valued at around $1.9 million during recent transactions.
• Analysts remain bullish on BJ's Wholesale Club, with an average price target of $115.33 and several firms maintaining buy ratings as the company reported better-than-expected earnings for the last quarter.

Integrated Investment Consultants LLC reduced its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 92.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,149 shares of the company's stock after selling 27,318 shares during the period. Integrated Investment Consultants LLC's holdings in BJ's Wholesale Club were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of BJ. Mariner LLC boosted its position in shares of BJ's Wholesale Club by 0.8% during the fourth quarter. Mariner LLC now owns 19,107 shares of the company's stock worth $1,707,000 after buying an additional 146 shares during the period. NewEdge Advisors LLC boosted its position in shares of BJ's Wholesale Club by 152.9% during the fourth quarter. NewEdge Advisors LLC now owns 9,174 shares of the company's stock worth $820,000 after buying an additional 5,547 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of BJ's Wholesale Club by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,392,826 shares of the company's stock worth $124,453,000 after buying an additional 13,621 shares during the period. MetLife Investment Management LLC boosted its position in shares of BJ's Wholesale Club by 9.0% during the fourth quarter. MetLife Investment Management LLC now owns 74,728 shares of the company's stock worth $6,677,000 after buying an additional 6,153 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in BJ's Wholesale Club by 224.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,121 shares of the company's stock valued at $815,000 after purchasing an additional 6,311 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Stock Down 8.6%

BJ's Wholesale Club stock traded down $9.0860 during midday trading on Friday, reaching $97.0740. The company's stock had a trading volume of 9,135,626 shares, compared to its average volume of 2,061,989. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $76.33 and a fifty-two week high of $121.10. The company has a quick ratio of 0.14, a current ratio of 0.77 and a debt-to-equity ratio of 0.20. The company has a market cap of $12.82 billion, a P/E ratio of 22.26, a P/E/G ratio of 2.69 and a beta of 0.43. The business has a 50-day simple moving average of $107.17 and a 200-day simple moving average of $110.03.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.04. BJ's Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%.The company had revenue of $5.38 billion for the quarter, compared to analysts' expectations of $5.49 billion. During the same period last year, the firm earned $1.09 earnings per share. BJ's Wholesale Club's quarterly revenue 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, research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Buying and Selling at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 17,900 shares of BJ's Wholesale Club stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $107.08, for a total transaction of $1,916,732.00. Following the sale, the chief executive officer owned 368,333 shares in the company, valued at approximately $39,441,097.64. The trade was a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Cichocki sold 58,436 shares of BJ's Wholesale Club stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $110.08, for a total value of $6,432,634.88. Following the sale, the executive vice president owned 114,127 shares in the company, valued at $12,563,100.16. This trade represents a 33.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 138,061 shares of company stock worth $15,027,745 over the last ninety days. Corporate insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BJ shares. Roth Capital reiterated a "neutral" rating and issued a $106.00 target price (up from $101.00) on shares of BJ's Wholesale Club in a report on Wednesday, May 28th. JPMorgan Chase & Co. lifted their target price on BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Wall Street Zen lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating in a report on Saturday, August 16th. Evercore ISI lifted their target price on BJ's Wholesale Club from $115.00 to $117.00 and gave the company an "in-line" rating in a report on Tuesday, August 12th. Finally, Morgan Stanley lifted their target price on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a report on Friday, May 23rd. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $116.82.

About BJ's Wholesale Club

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.