Citigroup Inc. lowered its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 26.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 183,550 shares of the company’s stock after selling 65,998 shares during the quarter. Citigroup Inc. owned 0.14% of BJ’s Wholesale Club worth $17,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in the business. Franklin Resources Inc. grew its holdings in BJ’s Wholesale Club by 2.2% during the 2nd quarter. Franklin Resources Inc. now owns 5,712,353 shares of the company’s stock worth $615,963,000 after acquiring an additional 121,183 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of BJ’s Wholesale Club by 31.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after purchasing an additional 1,152,591 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in BJ’s Wholesale Club by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 2,997,697 shares of the company’s stock valued at $323,242,000 after purchasing an additional 11,203 shares during the period. Select Equity Group L.P. raised its position in BJ’s Wholesale Club by 38.6% during the 2nd quarter. Select Equity Group L.P. now owns 2,411,459 shares of the company’s stock worth $260,028,000 after purchasing an additional 672,122 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in BJ’s Wholesale Club by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,352,465 shares of the company’s stock worth $253,709,000 after buying an additional 29,076 shares during the period. Institutional investors own 98.60% of the company’s stock.
Insider Buying and Selling
In other BJ’s Wholesale Club news, EVP William C. Werner sold 7,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the completion of the sale, the executive vice president directly owned 50,498 shares in the company, valued at approximately $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Report on BJ
Trending Headlines about BJ’s Wholesale Club
Here are the key news stories impacting BJ’s Wholesale Club this week:
- Positive Sentiment: Wells Fargo raised its price target on BJ from $105 to $110 and maintained an “overweight” rating, implying roughly double-digit upside versus current levels — supportive for the stock. Benzinga
- Positive Sentiment: Zacks published bullish coverage highlighting BJ as an “incredible growth stock” with several drivers that could help it outperform peers — this positive narrative can attract growth-oriented buyers. Zacks Article
- Positive Sentiment: Short interest fell ~17.1% month-over-month to ~6.89M shares (5.3% of float) with ~3.5 days-to-cover — reduced short pressure can remove a near-term headwind and increase the chance of short-covering squeezes on rallies.
- Neutral Sentiment: Zacks also featured BJ in a list of stocks with rising P/E and in a value comparison piece versus Colgate-Palmolive (CL); these are informational and may attract both value and growth investors but are not immediate catalysts. Zacks P/E Article Zacks BJ vs CL
- Neutral Sentiment: Local press noted a new BJ’s location in Hixson — modestly supportive for regional sales/visibility but not a company-level catalyst. NewsChannel9
- Neutral Sentiment: Media pieces (MSN) on the broader “wholesale wars” trend may support investor interest in warehouse-format retailers broadly; helpful context but not BJ-specific catalyst. MSN
- Neutral Sentiment: Market notices list BJ as scheduled to report quarterly results this week and note the consensus analyst profile is roughly “hold” on average — earnings will be the primary short-term fundamental catalyst. Earnings Preview (AmericanBankingNews)
- Negative Sentiment: JPMorgan raised its price target from $90 to $94 but kept a “neutral” rating; that target implies a small downside versus current prices and could temper gains if investors focus on the firm’s more cautious stance. Benzinga / TickerReport TickerReport
BJ’s Wholesale Club Price Performance
BJ’s Wholesale Club stock opened at $98.74 on Friday. The stock has a market capitalization of $12.92 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 2.51 and a beta of 0.36. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $86.68 and a 52-week high of $121.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.79. The stock’s 50 day moving average price is $95.24 and its two-hundred day moving average price is $94.65.
BJ’s Wholesale Club 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.
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