Squarepoint Ops LLC Acquires 144,197 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Squarepoint Ops LLC increased its BJ’s Wholesale Club stake by 65.9% in the second quarter, adding 144,197 shares to reach 363,030 shares valued at approximately $31.7 million. Institutional investors collectively own 98.6% of the stock.
• BJ’s reported stronger-than-expected quarterly results, with EPS of $1.36 versus the $1.17 consensus and revenue of $6.23 billion, up 15.7% year over year. The company maintained fiscal 2026 EPS guidance of $4.60–$4.80.
• The stock opened at $89.72, down 3.7%, while analyst sentiment remained mixed: the consensus rating was “Hold” with a $106.06 price target. Insiders sold 79,416 shares worth roughly $7.94 million over the past 90 days.

Squarepoint Ops LLC raised its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 65.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 363,030 shares of the company's stock after buying an additional 144,197 shares during the quarter. Squarepoint Ops LLC owned about 0.29% of BJ's Wholesale Club worth $31,663,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Ossiam acquired a new position in BJ's Wholesale Club during the 2nd quarter valued at $100,000. Daiwa Securities Group Inc. increased its holdings in shares of BJ's Wholesale Club by 81.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,824 shares of the company's stock worth $736,000 after purchasing an additional 3,054 shares during the period. AXA S.A. bought a new position in shares of BJ's Wholesale Club during the 2nd quarter worth about $1,094,000. Sei Investments Co. raised its position in shares of BJ's Wholesale Club by 31.5% during the second quarter. Sei Investments Co. now owns 276,115 shares of the company's stock valued at $29,773,000 after buying an additional 66,204 shares during the last quarter. Finally, BNP Paribas acquired a new position in shares of BJ's Wholesale Club during the second quarter valued at about $105,000. 98.60% of the stock is owned by institutional investors.

Insider Transactions at BJ's Wholesale Club

In other BJ's Wholesale Club news, CEO Robert Eddy sold 73,016 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the sale, the chief executive officer owned 282,330 shares of the company's stock, valued at $28,238,646.60. This represents a 20.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president owned 13,269 shares of the company's stock, valued at $1,282,448.85. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 79,416 shares of company stock valued at $7,938,084 over the last ninety days. 1.10% of the stock is currently owned by company insiders.

BJ's Wholesale Club Stock Down 3.7%

NYSE BJ opened at $89.72 on Wednesday. The stock's 50 day simple moving average is $92.82 and its 200 day simple moving average is $93.19. BJ's Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $105.78. The firm has a market cap of $11.33 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.74 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19.

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

Wall Street Analyst Weigh In

BJ has been the subject of several research reports. William Blair cut shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research note on Monday, August 17th. JPMorgan Chase & Co. boosted their price target on BJ's Wholesale Club from $90.00 to $98.00 and gave the company a "neutral" rating in a research note on Tuesday, May 26th. Gordon Haskett raised BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 price target for the company in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Finally, UBS Group lifted 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. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $106.06.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.