Tealwood Asset Management Inc. Has $3.14 Million Stock Position in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Tealwood Asset Management Inc. reduced its stake in BJ's Wholesale Club by 11.2% in Q2, owning 29,080 shares valued at approximately $3.14 million.
• Insider transactions included EVP Paul Cichocki selling 58,436 shares for about $6.43 million, representing a significant decrease in his ownership.
• BJ's Wholesale Club recently reported earnings of $1.14 per share, surpassing analyst expectations, and provided FY 2025 guidance between $4.20-$4.35 EPS.

Tealwood Asset Management Inc. lessened its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 11.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,080 shares of the company's stock after selling 3,662 shares during the period. BJ's Wholesale Club makes up about 1.4% of Tealwood Asset Management Inc.'s investment portfolio, making the stock its 6th biggest holding. Tealwood Asset Management Inc.'s holdings in BJ's Wholesale Club were worth $3,136,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BJ. Wealth Enhancement Advisory Services LLC increased its position in shares of BJ's Wholesale Club by 92.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company's stock valued at $2,448,000 after buying an additional 10,326 shares in the last quarter. Contravisory Investment Management Inc. bought a new stake in shares of BJ's Wholesale Club in the 1st quarter valued at $9,805,000. Colonial River Investments LLC bought a new stake in shares of BJ's Wholesale Club in the first quarter worth about $308,000. Diversify Wealth Management LLC increased its holdings in shares of BJ's Wholesale Club by 30.9% in the first quarter. Diversify Wealth Management LLC now owns 12,776 shares of the company's stock worth $1,488,000 after acquiring an additional 3,015 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of BJ's Wholesale Club by 8.3% in the first quarter. Sequoia Financial Advisors LLC now owns 3,245 shares of the company's stock worth $370,000 after acquiring an additional 250 shares in the last quarter. Institutional investors own 98.60% of the company's stock.

Insider Buying and Selling at BJ's Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the transaction, the executive vice president directly owned 114,127 shares of the company's stock, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Graham Luce sold 6,300 shares of the firm's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the transaction, the executive vice president directly owned 11,617 shares of the company's stock, valued at $1,160,073.62. This represents a 35.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 108,561 shares of company stock valued at $11,735,689 over the last three months. 1.40% of the stock is owned by company insiders.

BJ's Wholesale Club Price Performance

Shares of NYSE BJ opened at $93.74 on Tuesday. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 2.48 and a beta of 0.40. The business has a 50-day moving average of $101.02 and a 200-day moving average of $108.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $81.83 and a fifty-two week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.04. The firm had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.49 billion. BJ's Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The business's revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research reports. Jefferies Financial Group reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, August 22nd. UBS Group lowered their price objective on shares of BJ's Wholesale Club from $135.00 to $125.00 and set a "buy" rating for the company in a research report on Monday, August 25th. Wall Street Zen downgraded shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. JPMorgan Chase & Co. lowered their price objective on shares of BJ's Wholesale Club from $113.00 to $110.00 and set a "neutral" rating for the company in a research report on Monday, August 25th. Finally, Morgan Stanley lowered their target price on BJ's Wholesale Club from $125.00 to $115.00 and set an "equal weight" rating for the company in a report on Monday, August 25th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, BJ's Wholesale Club has a consensus rating of "Moderate Buy" and an average price target of $114.63.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.