Aberdeen Group plc Sells 91,512 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Aberdeen Group plc decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 44.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,405 shares of the company’s stock after selling 91,512 shares during the quarter. Aberdeen Group plc owned 0.09% of BJ’s Wholesale Club worth $10,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of BJ. Victory Capital Management Inc. raised its position in BJ’s Wholesale Club by 60.1% in the 3rd quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company’s stock worth $768,716,000 after purchasing an additional 3,087,151 shares during the period. Danica Pension Livsforsikringsaktieselskab purchased a new stake in BJ’s Wholesale Club in the 3rd quarter worth about $110,523,000. Massachusetts Financial Services Co. MA lifted its stake in shares of BJ’s Wholesale Club by 31.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after acquiring an additional 1,152,591 shares during the last quarter. State Street Corp lifted its stake in shares of BJ’s Wholesale Club by 25.4% during the 3rd quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after acquiring an additional 1,028,779 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of BJ’s Wholesale Club by 32.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,272,839 shares of the company’s stock worth $305,192,000 after acquiring an additional 809,890 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on BJ shares. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, February 20th. Melius Research lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a research note on Friday, January 23rd. Wells Fargo & Company boosted their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Finally, Jefferies Financial Group lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their target price for the company from $120.00 to $90.00 in a research note on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $107.63.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $95.08 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. The business has a 50-day moving average price of $97.58 and a 200 day moving average price of $94.16. The company has a market capitalization of $12.33 billion, a P/E ratio of 21.71, a PEG ratio of 3.39 and a beta of 0.33. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $121.10.

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. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The firm had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the company posted $0.93 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

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.