Cwm LLC Has $448,000 Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Cwm LLC cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 79.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,806 shares of the company’s stock after selling 18,118 shares during the period. Cwm LLC’s holdings in BJ’s Wholesale Club were worth $448,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Oliver Lagore Vanvalin Investment Group bought a new position in BJ’s Wholesale Club in the second quarter valued at $26,000. REAP Financial Group LLC boosted its stake in shares of BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after buying an additional 151 shares during the last quarter. Roxbury Financial LLC bought a new position in shares of BJ’s Wholesale Club in the 3rd quarter valued at about $28,000. Ameritas Advisory Services LLC acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at about $35,000. Finally, Bayforest Capital Ltd raised its holdings in BJ’s Wholesale Club by 362.7% during the second quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock worth $51,000 after acquiring an additional 370 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 17,898 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the sale, the chief executive officer owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. The trade was a 5.69% 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. Also, EVP William C. Werner sold 7,000 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $91.09, for a total transaction of $637,630.00. Following the completion of the transaction, the executive vice president owned 50,498 shares in the company, valued at $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

BJ has been the subject of a number of analyst reports. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Evercore ISI boosted their target price on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of BJ’s Wholesale Club in a research report on Thursday. They set a “hold” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of BJ’s Wholesale Club in a report on Friday, November 21st. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club currently has a consensus rating of “Hold” and an average target price of $109.64.

BJ’s Wholesale Club Stock Down 0.1%

Shares of BJ opened at $90.10 on Friday. The firm has a market cap of $11.79 billion, a P/E ratio of 20.76, a price-to-earnings-growth ratio of 2.48 and a beta of 0.33. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.79. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $86.68 and a 52 week high of $121.10. The firm’s 50-day simple moving average is $91.63 and its 200 day simple moving average is $97.25.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The company had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same quarter in the previous year, the company posted $1.18 earnings per share. The business’s revenue was up 4.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

BJ’s Wholesale Club Company 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.