Oak Thistle LLC Decreases Position in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Oak Thistle LLC cut its stake in BJ's by 67.0%, selling 21,082 shares and retaining 10,370 shares worth about $934,000 at quarter-end.
• Institutional shifts: Qube Research & Technologies swelled its position to 511,344 shares (~$55.1M) and hedge funds/institutions now own 98.60% of the stock.
• Recent results and outlook: BJ's beat the quarter (EPS $0.96 vs. $0.93; revenue $5.58B vs. $5.54B), set FY2026 guidance of $4.40–$4.60 EPS, and carries an average analyst rating of "Hold" with a $107.63 price target (9 Buy / 9 Hold / 1 Sell).

Oak Thistle LLC decreased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 67.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,370 shares of the company's stock after selling 21,082 shares during the period. Oak Thistle LLC's holdings in BJ's Wholesale Club were worth $934,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ossiam purchased a new stake in shares of BJ's Wholesale Club in the 2nd quarter worth about $100,000. Daiwa Securities Group Inc. raised its position in BJ's Wholesale Club by 81.0% during the second quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company's stock worth $736,000 after acquiring an additional 3,054 shares during the last quarter. AXA S.A. acquired a new position in BJ's Wholesale Club during the second quarter worth about $1,094,000. Qube Research & Technologies Ltd lifted its holdings in shares of BJ's Wholesale Club by 1,668.4% in the second quarter. Qube Research & Technologies Ltd now owns 511,344 shares of the company's stock valued at $55,138,000 after purchasing an additional 482,429 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of BJ's Wholesale Club by 31.5% in the second quarter. Sei Investments Co. now owns 276,115 shares of the company's stock valued at $29,773,000 after purchasing an additional 66,204 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company's stock.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of recent research reports. William Blair reissued a "mixed" rating on shares of BJ's Wholesale Club in a research note on Thursday, March 5th. JPMorgan Chase & Co. upped their target price on BJ's Wholesale Club from $90.00 to $94.00 and gave the company a "neutral" rating in a research note on Thursday, February 26th. The Goldman Sachs Group lowered their target price on BJ's Wholesale Club from $139.00 to $123.00 and set a "buy" rating on the stock in a report on Monday, February 2nd. Wells Fargo & Company raised their price target on BJ's Wholesale Club from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. Finally, Citigroup reissued a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, February 20th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $107.63.

BJ's Wholesale Club Stock Performance

Shares of NYSE BJ opened at $92.69 on Friday. The company has a 50-day simple moving average of $97.73 and a 200-day simple moving average of $94.14. 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 company has a market cap of $12.02 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 3.24 and a beta of 0.33. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its 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 analyst estimates of $5.54 billion. BJ's Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. BJ's Wholesale Club's revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

BJ's Wholesale Club Company 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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