Public Employees Retirement System of Ohio Grows Stock Holdings in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Public Employees Retirement System of Ohio increased its BJ’s Wholesale Club stake by 16.5% in the first quarter, owning 94,373 shares valued at approximately $9.3 million. Institutional investors collectively own 98.6% of the company.
• BJ’s reported quarterly EPS of $1.10, beating estimates of $1.04, while revenue rose 9.9% year over year to $5.66 billion. The company maintained fiscal 2026 EPS guidance of $4.40–$4.60.
• Analyst sentiment is mixed, with nine Buy, eight Hold and one Sell rating; the consensus rating is Hold with an average price target of $105.27, compared with the stock’s reported price of $94.69.

Public Employees Retirement System of Ohio grew its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 16.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 94,373 shares of the company's stock after purchasing an additional 13,387 shares during the period. Public Employees Retirement System of Ohio owned about 0.07% of BJ's Wholesale Club worth $9,288,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Reinhart Partners LLC. boosted its stake in BJ's Wholesale Club by 30.7% in the fourth quarter. Reinhart Partners LLC. now owns 54,452 shares of the company's stock worth $4,902,000 after buying an additional 12,784 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of BJ's Wholesale Club during the fourth quarter worth approximately $6,780,000. Focus Partners Wealth raised its stake in shares of BJ's Wholesale Club by 6.2% during the fourth quarter. Focus Partners Wealth now owns 517,731 shares of the company's stock worth $47,256,000 after acquiring an additional 30,095 shares in the last quarter. Kirr Marbach & Co. LLC IN bought a new stake in shares of BJ's Wholesale Club in the 4th quarter worth approximately $4,530,000. Finally, Versor Investments LP bought a new stake in shares of BJ's Wholesale Club in the 4th quarter worth approximately $1,105,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Stock Up 1.9%

Shares of BJ's Wholesale Club stock opened at $94.69 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $110.92. The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 21.77, a P/E/G ratio of 3.46 and a beta of 0.22. The company's 50 day moving average price is $89.20 and its 200-day moving average price is $93.49.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted 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. The company had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm's revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 EPS. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on BJ. Citigroup reduced their target price on shares of BJ's Wholesale Club from $118.00 to $100.00 and set a "buy" rating on the stock in a report on Tuesday, May 26th. Bank of America started coverage on shares of BJ's Wholesale Club in a research note on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 price target for the company. Weiss Ratings restated a "hold (c)" rating on shares of BJ's Wholesale Club in a research report on Wednesday, July 8th. UBS Group reaffirmed a "buy" rating and set a $109.00 price objective on shares of BJ's Wholesale Club in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. lifted their price objective on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock a "neutral" rating in a report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $105.27.

Insider Activity

In other BJ's Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the business's stock in a transaction dated 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 transaction, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company's stock.

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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