BJ's Wholesale Club (NYSE:BJ) CEO Robert Eddy Sells 4,900 Shares

Key Points

• CEO Robert Eddy sold 4,900 BJ’s shares at an average price of $100.01, generating approximately $490,049 under a pre-arranged Rule 10b5-1 trading plan. He retains 274,330 shares.
• BJ’s shares fell 1.4% to $93.07, while the company’s latest quarterly results exceeded expectations: adjusted earnings were $1.36 per share on $6.23 billion in revenue, with revenue up 15.7% year over year.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $106.06; institutional investors own approximately 98.6% of the stock.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) CEO Robert Eddy sold 4,900 shares of the company's stock in a transaction 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 owned 274,330 shares of the company's stock, valued at $27,435,743.30. This represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ's Wholesale Club Stock Down 1.4%

BJ's Wholesale Club stock traded down $1.30 during mid-day trading on Wednesday, hitting $93.07. 2,248,483 shares of the company's stock were exchanged, compared to its average volume of 2,010,753. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $105.78. The stock has a 50 day moving average of $91.77 and a two-hundred day moving average of $93.77. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock has a market cap of $11.88 billion, a P/E ratio of 20.37, a P/E/G ratio of 3.34 and a beta of 0.21.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.14 earnings per share. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 4.73 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BJ shares. William Blair cut BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research report on Monday, August 17th. Roth Capital reaffirmed a "neutral" rating and set a $97.00 price objective on shares of BJ's Wholesale Club in a report on Monday. Citigroup raised their target price on shares of BJ's Wholesale Club from $100.00 to $111.00 and gave the company a "buy" rating in a research note on Monday. JPMorgan Chase & Co. lifted their target price on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the stock a "neutral" rating in a report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, BJ's Wholesale Club currently has an average rating of "Hold" and a consensus price target of $106.06.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. BOK Financial Private Wealth Inc. acquired a new stake in shares of BJ's Wholesale Club in the fourth quarter worth $25,000. Strive Financial Group LLC acquired a new position in BJ's Wholesale Club during the 4th quarter valued at $25,000. Parkside Financial Bank & Trust raised its stake in BJ's Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company's stock valued at $26,000 after purchasing an additional 173 shares during the last quarter. Quantbot Technologies LP bought a new stake in BJ's Wholesale Club in the 2nd quarter valued at $28,000. Finally, Essential Partners LLC boosted its holdings in BJ's Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company's stock valued at $29,000 after purchasing an additional 130 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

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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