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

Key Points

• Public Employees Retirement System of Ohio acquired 36,793 shares of BJ’s Wholesale Club worth approximately $3.21 million, while institutional investors collectively own 98.6% of the stock.
• BJ’s reported strong quarterly results, with EPS of $1.36 versus the $1.17 consensus estimate and revenue of $6.23 billion, up 15.7% year over year. The company reaffirmed fiscal 2026 EPS guidance of $4.60–$4.80.
• Analyst sentiment is mixed but leans positive: 10 analysts rate BJ a Buy, nine a Hold, and one a Sell, with a consensus price target of $106.06 versus the reported share price of $93.20.

Public Employees Retirement System of Ohio bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 36,793 shares of the company's stock, valued at approximately $3,209,000.

Other large investors also recently modified their holdings of the company. Capstone Investment Advisors LLC bought a new stake in BJ's Wholesale Club during the 2nd quarter valued at $963,000. Corient Private Wealth LP bought a new position in shares of BJ's Wholesale Club in the second quarter valued at $1,365,000. Ausdal Financial Partners Inc. bought a new position in shares of BJ's Wholesale Club in the second quarter valued at $306,000. Bank of America Corp DE acquired a new position in shares of BJ's Wholesale Club during the second quarter valued at about $108,684,000. Finally, Freestone Grove Partners LP bought a new stake in shares of BJ's Wholesale Club during the second quarter worth about $16,332,000. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on BJ. Wall Street Zen upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. UBS Group boosted their price objective on BJ's Wholesale Club from $109.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, August 24th. JPMorgan Chase & Co. increased their price objective on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 26th. The Goldman Sachs Group restated a "buy" rating on shares of BJ's Wholesale Club in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of BJ's Wholesale Club in a report on Friday, August 14th. Ten investment 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. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $106.06.

BJ's Wholesale Club Trading Up 0.0%

Shares of BJ stock opened at $93.20 on Friday. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $105.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The company has a 50-day simple moving average of $92.69 and a two-hundred day simple moving average of $93.36. The company has a market capitalization of $11.77 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.74 and a beta of 0.18.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the business posted $1.14 EPS. The company's revenue for the quarter was up 15.7% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.69 EPS for the current fiscal year.

Insider Activity at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 4,900 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the sale, the chief executive officer directly owned 274,330 shares of the company's stock, valued at approximately $27,435,743.30. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ's Wholesale Club stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is owned by insiders.

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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