11,218 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC bought a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,218 shares of the company’s stock, valued at approximately $978,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at $1,087,503,000. Victory Capital Management Inc. increased its position in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after acquiring an additional 4,704,423 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $179,649,000. Norges Bank acquired a new position in BJ’s Wholesale Club during the fourth quarter valued at $151,765,000. Finally, State Street Corp lifted its position in shares of BJ’s Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after purchasing an additional 1,028,779 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Key BJ’s Wholesale Club News

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

• Positive Sentiment: Q2 results exceeded expectations and guidance was raised. BJ’s reported earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion, ahead of the $5.97 billion forecast and up approximately 15.7% year over year. Record membership growth, higher traffic and strong fuel sales supported the performance. Management raised fiscal 2026 EPS guidance to $4.60-$4.80. BJ’s Q2 Earnings Beat on Traffic & Membership Momentum, Outlook Raised
• Positive Sentiment: Analysts raised their price targets after the results. UBS increased its target from $109 to $115 and maintained a Buy rating, citing BJ’s relevant business model. DA Davidson also raised its target from $105 to $108 and kept a Buy rating. UBS BJ’s Price Target
• Positive Sentiment: Improving fundamentals are creating a more bullish setup. Revenue growth, membership expansion, customer traffic and institutional buying have strengthened the investment case, with the cited average analyst target around $105.33. BJ’s Wholesale Club Is Turning Stronger Fundamentals Into a Bullish Setup
• Neutral Sentiment: Roth Capital reaffirmed a Neutral rating and set a $97 price target, indicating limited near-term upside based on its valuation view. Benzinga analyst coverage
• Negative Sentiment: Valuation and cash-flow risks could limit further gains. A cautious analysis maintained a Hold rating, citing weaker core merchandise growth, pressured free cash flow and increased expansion spending. The shares’ premium valuation leaves less room for execution disappointments. BJ’s Wholesale Club: A Great Business At The Wrong Price

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $98.38 on Tuesday. The company has a market capitalization of $12.56 billion, a PE ratio of 21.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.21. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.21 and a one year high of $105.78. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The company’s fifty day moving average price is $91.67 and its 200 day moving average price is $93.80.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 4.68 earnings per share for the current year.

Insider Activity

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the sale, the executive vice president directly owned 20,471 shares in the company, valued at $1,886,812.07. This trade represents a 44.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Robert W. Eddy sold 73,016 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Citigroup raised their price target on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Wednesday, July 29th. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Monday. Bank of America began coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price for the company. Finally, The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $106.06.

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.