Fortis Capital Advisors LLC Purchases New Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Fortis Capital Advisors LLC purchased a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,203 shares of the company’s stock, valued at approximately $919,000.

Several other institutional investors also recently bought and sold shares of BJ. GAMMA Investing LLC increased its position in shares of BJ’s Wholesale Club by 1.8% in the fourth quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock worth $592,000 after acquiring an additional 119 shares in the last quarter. Moody Lynn & Lieberson LLC lifted its holdings in shares of 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 valued at $600,000 after acquiring an additional 120 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of BJ’s Wholesale Club by 2.6% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock valued at $465,000 after acquiring an additional 129 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in BJ’s Wholesale Club by 4.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,483 shares of the company’s stock worth $325,000 after purchasing an additional 137 shares during the period. Finally, Morris Financial Concepts Inc. boosted its position in BJ’s Wholesale Club by 6.2% during the 3rd quarter. Morris Financial Concepts Inc. now owns 2,438 shares of the company’s stock worth $227,000 after purchasing an additional 143 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Up 1.8%

Shares of NYSE:BJ opened at $93.72 on Tuesday. The firm has a market cap of $12.15 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 3.18 and a beta of 0.33. The company has a fifty day simple moving average of $97.07 and a 200 day simple moving average of $94.11. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $86.68 and a 12-month high of $120.33.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.93 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the company. The Goldman Sachs Group cut their price objective on BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Barclays lowered BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $115.00 to $90.00 in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft assumed coverage on BJ’s Wholesale Club in a report on Thursday, January 8th. They set a “hold” rating on the stock. Finally, Morgan Stanley reduced their price target on BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus target price of $107.63.

Insider Activity

In related news, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president owned 14,769 shares in the company, valued at $1,346,785.11. The trade was a 12.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.40% of the company’s stock.

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.