Man Group plc Takes Position in BJ's Wholesale Club Holdings, Inc. $BJ

Man Group plc bought a new position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 206,308 shares of the company's stock, valued at approximately $17,994,000. Man Group plc owned about 0.16% of BJ's Wholesale Club as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. acquired a new position in BJ's Wholesale Club in the fourth quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new stake in BJ's Wholesale Club in the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust grew its stake in shares of BJ's Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company's stock worth $26,000 after purchasing an additional 173 shares during the period. Quantbot Technologies LP acquired a new stake in shares of BJ's Wholesale Club during the 2nd quarter worth approximately $28,000. Finally, Essential Partners LLC increased its holdings in shares of BJ's Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company's stock valued at $29,000 after purchasing an additional 130 shares in the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ's Wholesale Club Trading Down 3.1%

NYSE BJ opened at $90.43 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The stock has a market capitalization of $11.55 billion, a P/E ratio of 19.79, a PEG ratio of 3.14 and a beta of 0.21. The firm's 50-day moving average is $92.00 and its two-hundred day moving average is $93.66. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The business's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period last year, the business earned $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.69 earnings per share for the current year.

Analyst Ratings Changes

BJ has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the company a "neutral" rating in a research note on Tuesday, May 26th. William Blair lowered shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research report on Monday, August 17th. Bank of America initiated coverage on shares of BJ's Wholesale Club in a report on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 price objective for the company. Gordon Haskett upgraded 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 research report on Wednesday, July 29th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Monday. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BJ's Wholesale Club currently has an average rating of "Hold" and an average target price of $106.06.

Insider Buying and Selling

In related news, EVP Scott Schmadeke sold 16,500 shares of BJ's Wholesale Club stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joseph Mcgrail sold 1,500 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The shares were 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 in the company, valued at approximately $1,282,448.85. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 95,916 shares of company stock valued at $9,458,889. Company insiders own 1.10% of the company's stock.

Key BJ's Wholesale Club News

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

• Positive Sentiment: Analyst support remains a key positive. Citi maintained its Buy rating and raised its price target to $111, while UBS increased its target to $115. The upgrades reflect confidence in BJ’s earnings momentum and operating outlook. Citi maintains Buy rating UBS raises price target
• Positive Sentiment: BJ’s plans to open six new locations, including an upcoming Ocala club, could expand its membership base, sales footprint and long-term growth opportunities. BJ’s opening six new locations
• Positive Sentiment: The latest quarter showed solid fundamentals: revenue increased 15.7% year over year to $6.23 billion, while EPS of $1.36 exceeded the $1.17 consensus estimate. Fiscal 2026 EPS guidance remains $4.60 to $4.80.
• Neutral Sentiment: A comparison of Costco, Sam’s Club and BJ’s focuses on which warehouse retailer offers the lowest prices. The article could influence customer perceptions and competitive positioning, but its impact depends on the comparison’s methodology and conclusions. Warehouse club price comparison
• Neutral Sentiment: Roth Capital reiterated a Neutral rating, contributing to a divided analyst view. The broader consensus is Hold, with an average price target near $106, above recent trading levels. Roth Capital reiterates Neutral rating
• Negative Sentiment: Insider selling may be pressuring sentiment. CEO Robert Eddy sold 4,900 shares for approximately $490,000, and SVP Joseph McGrail sold 1,500 shares for about $145,000. Eddy’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, reducing its bearish significance, but the combined sales remain a near-term overhang. BJ insider share sales
• Negative Sentiment: Reports that BJ’s is limiting some member purchases as demand shifts raise concerns about inventory availability, customer demand and the potential effect on sales. The longer-term impact remains unclear. BJ’s member purchase limits

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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