Northwestern Mutual Wealth Management Co. Purchases 18,030 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Northwestern Mutual Wealth Management sharply increased its stake in BJ’s Wholesale Club in the fourth quarter, buying 18,030 additional shares and lifting its position by 936.6% to 19,955 shares worth about $1.8 million.
• BJ’s reported better-than-expected quarterly results, with EPS of $1.10 versus $1.04 estimated and revenue of $5.66 billion topping forecasts; revenue also rose 9.9% year over year.
• Analysts remain mixed on the stock: several firms have trimmed price targets, but the overall consensus is still Hold, with an average target price of $105.27.

Northwestern Mutual Wealth Management Co. lifted its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 936.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,955 shares of the company's stock after buying an additional 18,030 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in BJ's Wholesale Club were worth $1,797,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Victory Capital Management Inc. boosted its position in BJ's Wholesale Club by 60.1% during the third quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company's stock worth $768,716,000 after purchasing an additional 3,087,151 shares during the period. Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of BJ's Wholesale Club in the third quarter valued at about $110,523,000. State Street Corp boosted its position in shares of BJ's Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company's stock valued at $473,941,000 after acquiring an additional 1,028,779 shares during the period. Wellington Management Group LLP raised its stake in BJ's Wholesale Club by 32.9% in the third quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company's stock valued at $305,192,000 after purchasing an additional 809,890 shares in the last quarter. Finally, Select Equity Group L.P. raised its stake in BJ's Wholesale Club by 38.6% in the second quarter. Select Equity Group L.P. now owns 2,411,459 shares of the company's stock valued at $260,028,000 after purchasing an additional 672,122 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Buying and Selling at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 8,000 shares of the firm's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company's stock, valued at $27,882,156.60. This trade represents a 2.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the firm's stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company's stock, valued at approximately $1,346,785.11. This represents a 12.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company's stock.

BJ's Wholesale Club News Roundup

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

• Positive Sentiment: BJ’s is continuing to expand in key growth markets, including new locations in Florida and a planned push closer to Southwest Ohio, which supports long-term unit growth and market share gains. BJ's Wholesale Club bets big on Florida with 3 new locations
• Positive Sentiment: Several recent articles argue the stock may be setting up for a rebound as valuation has compressed and catalysts such as easier comparisons, value initiatives, and expansion could help results improve later in the year. Why BJ’s Wholesale Club Stock Could Be Ready for a Rebound
• Neutral Sentiment: Citigroup lowered its price target to $100 from $118 but kept a buy rating, signaling continued upside potential despite a more cautious near-term view. Benzinga analyst note on BJ's Wholesale Club
• Neutral Sentiment: JPMorgan raised its price target to $98 from $90 while maintaining a neutral rating, reflecting a more balanced outlook after the latest quarter. Benzinga analyst note on BJ's Wholesale Club
• Neutral Sentiment: Management is leaning into value messaging, Texas momentum, and digital growth while keeping FY2026 guidance unchanged, which suggests stability but also indicates investors are waiting for proof of stronger core merchandise trends. BJ Q1 Earnings Call Stresses Value Push, Texas Momentum
• Negative Sentiment: Investor concern remains centered on weak core merchandise comparable sales, which one note said contributed to the recent selloff and may limit enthusiasm until the company shows clearer improvement. BJ's Wholesale: The 8% Selloff Looks Overdone, But I'm Still Not Buying
• Negative Sentiment: Another headline highlighted that BJ’s is planning major store changes as customers pull back, suggesting consumer caution could weigh on traffic and near-term sales. BJ’s Wholesale plans major store changes as customers pull back

BJ's Wholesale Club Trading Down 0.9%

NYSE BJ opened at $84.14 on Thursday. The firm has a market capitalization of $10.74 billion, a P/E ratio of 19.34, a PEG ratio of 3.15 and a beta of 0.27. The business has a fifty day simple moving average of $94.29 and a 200 day simple moving average of $94.34. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $83.65 and a 12 month high of $115.43. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.04 by $0.06. BJ's Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the firm posted $1.14 EPS. BJ's Wholesale Club's quarterly revenue was up 9.9% compared to the same quarter last year. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that BJ's Wholesale Club Holdings, Inc. will post 4.51 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on BJ shares. Jefferies Financial Group downgraded BJ's Wholesale Club from a "buy" rating to a "hold" rating and lowered their target price for the stock from $120.00 to $90.00 in a research note on Wednesday, January 28th. The Goldman Sachs Group lowered their price objective on BJ's Wholesale Club from $139.00 to $123.00 and set a "buy" rating for the company in a research note on Monday, February 2nd. Bank of America assumed coverage on BJ's Wholesale Club in a report on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 target price on the stock. Wells Fargo & Company upped their target price on BJ's Wholesale Club from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Finally, Citigroup cut their price target on BJ's Wholesale Club from $118.00 to $100.00 and set a "buy" rating on the stock in a report on Tuesday. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $105.27.

About BJ's Wholesale Club

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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