Massachusetts Financial Services Co. MA Sells 1,335,599 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Massachusetts Financial Services sold 1,335,599 shares of BJ's, cutting its stake by 27.9% to 3,456,003 shares (about 2.64% of the company) valued at roughly $311.1 million.
• BJ's beat quarterly expectations with EPS $0.96 versus $0.93 and revenue of $5.58 billion (+5.6% YoY), set FY2026 guidance of $4.40–$4.60 EPS, and trades near $92.69 with a $12.02 billion market cap.
• Analysts are mixed: the consensus rating is Hold with an average price target of $107.63 (9 Buy, 9 Hold, 1 Sell), while several firms have recently adjusted price targets both up and down.

Massachusetts Financial Services Co. MA decreased its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 27.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,456,003 shares of the company's stock after selling 1,335,599 shares during the period. Massachusetts Financial Services Co. MA owned about 2.64% of BJ's Wholesale Club worth $311,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC increased its holdings in shares of BJ's Wholesale Club by 1.8% in the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company's stock worth $592,000 after purchasing an additional 119 shares in the last quarter. Moody Lynn & Lieberson LLC increased its holdings in shares of BJ's Wholesale Club by 1.9% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company's stock worth $600,000 after purchasing an additional 120 shares in the last quarter. Cox Capital Mgt LLC increased its holdings in shares of BJ's Wholesale Club by 0.8% in the 3rd quarter. Cox Capital Mgt LLC now owns 15,452 shares of the company's stock worth $1,441,000 after purchasing an additional 122 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of BJ's Wholesale Club by 2.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company's stock worth $465,000 after purchasing an additional 129 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of BJ's Wholesale Club by 4.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,483 shares of the company's stock worth $325,000 after purchasing an additional 137 shares in the last quarter. Institutional investors own 98.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on BJ. Weiss Ratings reissued a "hold (c)" rating on shares of BJ's Wholesale Club in a report on Monday, December 29th. JPMorgan Chase & Co. raised their price target on BJ's Wholesale Club from $90.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, February 26th. William Blair restated a "mixed" rating on shares of BJ's Wholesale Club in a research note on Thursday, March 5th. DA Davidson raised their price target on BJ's Wholesale Club from $110.00 to $114.00 and gave the stock a "buy" rating in a research note on Thursday, March 5th. Finally, The Goldman Sachs Group dropped their price target on BJ's Wholesale Club from $139.00 to $123.00 and set a "buy" rating on the stock in a research note on Monday, February 2nd. Nine equities 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $107.63.

BJ's Wholesale Club Stock Performance

BJ stock opened at $92.69 on Friday. The company has a market cap of $12.02 billion, a P/E ratio of 21.16, a price-to-earnings-growth ratio of 3.20 and a beta of 0.33. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $86.68 and a 1 year high of $121.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. The stock's fifty day moving average price is $97.73 and its 200-day moving average price is $94.12.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. BJ's Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The company's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the business posted $0.93 EPS. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current 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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