Danica Pension Livsforsikringsaktieselskab Makes New $110.52 Million Investment in BJ’s Wholesale Club Holdings, Inc. $BJ

Danica Pension Livsforsikringsaktieselskab purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,185,231 shares of the company’s stock, valued at approximately $110,523,000. BJ’s Wholesale Club makes up approximately 1.7% of Danica Pension Livsforsikringsaktieselskab’s holdings, making the stock its 22nd largest position. Danica Pension Livsforsikringsaktieselskab owned approximately 0.90% of BJ’s Wholesale Club as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Danske Bank A S acquired a new stake in shares of BJ’s Wholesale Club during the third quarter worth $75,000. Caitong International Asset Management Co. Ltd lifted its stake in BJ’s Wholesale Club by 3,621.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,228 shares of the company’s stock valued at $115,000 after buying an additional 1,195 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of BJ’s Wholesale Club by 18.3% in the third quarter. Advisory Services Network LLC now owns 13,507 shares of the company’s stock worth $1,260,000 after buying an additional 2,086 shares during the period. Financial Engines Advisors L.L.C. purchased a new position in shares of BJ’s Wholesale Club in the third quarter worth approximately $212,000. Finally, CANADA LIFE ASSURANCE Co increased its position in shares of BJ’s Wholesale Club by 0.6% in the third quarter. CANADA LIFE ASSURANCE Co now owns 83,734 shares of the company’s stock worth $7,853,000 after acquiring an additional 484 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $96.59 on Wednesday. The firm has a 50 day simple moving average of $96.53 and a 200 day simple moving average of $94.22. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $86.68 and a 52 week high of $121.10. The stock has a market cap of $12.53 billion, a P/E ratio of 22.05, a P/E/G ratio of 3.39 and a beta of 0.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.75.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on BJ shares. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. BTIG Research reiterated a “buy” rating and set a $120.00 price objective on shares of BJ’s Wholesale Club in a research report on Friday, November 21st. Wells Fargo & Company increased their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 27th. JPMorgan Chase & Co. raised their target price on BJ’s Wholesale Club from $90.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Finally, TD Cowen reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.63.

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.