Bank of New York Mellon Corp Trims Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Bank of New York Mellon Corp lowered its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,931,474 shares of the company’s stock after selling 66,223 shares during the period. Bank of New York Mellon Corp owned 2.22% of BJ’s Wholesale Club worth $273,360,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its stake in shares of BJ’s Wholesale Club by 0.3% during the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock worth $4,000,000 after buying an additional 100 shares during the period. State of Michigan Retirement System raised its stake in BJ’s Wholesale Club by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock valued at $3,420,000 after acquiring an additional 100 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in BJ’s Wholesale Club by 3.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company’s stock worth $361,000 after acquiring an additional 101 shares during the period. Moody Lynn & Lieberson LLC lifted its position in BJ’s Wholesale Club by 1.9% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company’s stock worth $600,000 after acquiring an additional 120 shares during the period. Finally, Cox Capital Mgt LLC grew its stake in shares of BJ’s Wholesale Club by 0.8% in the 3rd quarter. Cox Capital Mgt LLC now owns 15,452 shares of the company’s stock valued at $1,441,000 after purchasing an additional 122 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $91.09, for a total value 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. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the transaction, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at $26,620,096.85. This trade represents a 5.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BJ. DA Davidson restated a “buy” rating and set a $123.00 price target on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. JPMorgan Chase & Co. cut their price objective on shares of BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. BTIG Research reiterated a “buy” rating and set a $120.00 price target on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Finally, TD Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and an average price target of $107.50.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $90.11 on Friday. The firm’s fifty day simple moving average is $92.33 and its 200-day simple moving average is $95.76. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. The stock has a market cap of $11.79 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.54 and a beta of 0.33. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The firm had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. The firm’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. Analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

BJ’s Wholesale Club News Summary

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: BJ’s is rolling out small-format “BJ’s Market” locations — the company is preparing a second small-format site and opening a half-sized Market in Delray Beach, signaling a strategic push into denser or test markets that could expand membership and grocery penetration over time. BJ’s prepares to open 2nd small-format location
• Positive Sentiment: Local openings continue: a half-sized BJ’s Market is opening in Delray Beach and multiple new club openings (Springfield, Northgate) are underway — these incremental store adds should support revenue and membership growth over the next several quarters. Half-sized BJ’s Market opening in Delray Beach
• Positive Sentiment: BJ’s opened a new club at a large I‑95 mega-development in North Carolina, which provides a high-traffic location and aligns with continued brick-and-mortar expansion that can boost market share in attractive geographies. BJ’s Wholesale Club opens at mega development along I-95 in NC. Target comes next
• Neutral Sentiment: Analysts and research outlets still point to solid long-term growth potential for BJ’s based on store expansion, membership model and past earnings beats, but these views are longer-horizon and less likely to offset near-term trading volatility. Why BJ’s Wholesale Club (BJ) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Jefferies downgraded BJ’s and pulled its prior bull rating, a catalyst for today’s decline as investors reacted to the change in sell‑side sentiment; that downgrade appears to be the primary driver of increased volume and near-term pressure on the share price. Jefferies downgrades BJ’s Wholesale Club Holdings (BJ)

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.