Strs Ohio Increases Stake in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• STRS Ohio boosted its stake in BJ's Wholesale Club by 30.2% in Q4 to 144,631 shares (about $13.0 million), representing roughly 0.11% of the company.
• Insider sales: CEO Robert W. Eddy sold 8,000 shares and SVP Joseph McGrail sold 2,050 shares on April 15 under pre-arranged Rule 10b5-1 plans, and company insiders now own about 1.4% of the stock.
• BJ's reported stronger-than-expected quarterly results (EPS $0.96 vs. $0.93 est.; revenue $5.58B vs. $5.54B est.), provided FY2026 guidance of 4.40–4.60 EPS, and has an average analyst target of $107.63 with mixed ratings.

Strs Ohio grew its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 30.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,631 shares of the company's stock after buying an additional 33,506 shares during the period. Strs Ohio owned 0.11% of BJ's Wholesale Club worth $13,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Davis Capital Management bought a new stake in BJ's Wholesale Club in the 3rd quarter valued at $28,000. Root Financial Partners LLC purchased a new position in shares of BJ's Wholesale Club during the third quarter valued at about $29,000. Eastern Bank bought a new stake in shares of BJ's Wholesale Club in the third quarter worth about $29,000. Sunbelt Securities Inc. purchased a new stake in shares of BJ's Wholesale Club in the third quarter worth about $34,000. Finally, Blue Trust Inc. lifted its position in shares of BJ's Wholesale Club by 42.9% in the fourth quarter. Blue Trust Inc. now owns 713 shares of the company's stock worth $64,000 after buying an additional 214 shares in the last quarter. Institutional investors own 98.60% of the company's stock.

Insider Activity

In other news, SVP Joseph Mcgrail sold 2,050 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president owned 14,769 shares in the company, valued at approximately $1,346,785.11. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the company's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.40% of the stock is currently owned by company insiders.

BJ's Wholesale Club Price Performance

Shares of BJ's Wholesale Club stock opened at $94.57 on Tuesday. The stock has a market cap of $12.26 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 3.23 and a beta of 0.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.75. The stock has a 50 day moving average price of $96.11 and a 200-day moving average price of $94.29. BJ's Wholesale Club Holdings, Inc. has a one year low of $86.68 and a one year high of $120.33.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly 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 company had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $5.54 billion. BJ's Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.BJ's Wholesale Club's revenue was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.93 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts expect that BJ's Wholesale Club Holdings, Inc. will post 4.52 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on BJ shares. Barclays cut BJ's Wholesale Club from an "equal weight" rating to an "underweight" rating and cut their price target for the company from $115.00 to $90.00 in a report on Wednesday, January 7th. Wells Fargo & Company raised their target price on shares of BJ's Wholesale Club from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Morgan Stanley reduced their price target on shares of BJ's Wholesale Club from $105.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 15th. Evercore reiterated a "positive" rating on shares of BJ's Wholesale Club in a research report on Thursday, March 5th. Finally, Jefferies Financial Group cut shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $120.00 to $90.00 in a research note on Wednesday, January 28th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $107.63.

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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