BJ’s Wholesale Club (NYSE:BJ) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of BJ’s Wholesale Club (NYSE:BJ) from a hold rating to a buy rating in a report published on Saturday morning.

A number of other research firms also recently issued reports on BJ. DA Davidson increased their price target on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Bank of America started coverage on BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective for the company. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Wednesday, July 29th. UBS Group increased their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $106.06.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $90.68 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The company has a market capitalization of $11.45 billion, a PE ratio of 19.84, a P/E/G ratio of 3.05 and a beta of 0.21. The company has a 50 day moving average price of $92.11 and a 200-day moving average price of $93.64. BJ’s Wholesale Club has a fifty-two week low of $83.21 and a fifty-two week high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.BJ’s Wholesale Club’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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, equities analysts forecast that BJ’s Wholesale Club will post 4.69 earnings per share for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 4,900 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the sale, the chief executive officer owned 274,330 shares of the company’s stock, valued at approximately $27,435,743.30. This trade represents a 1.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club 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 completion of the transaction, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BJ’s Wholesale Club

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth lifted its holdings in shares of BJ’s Wholesale Club by 6.2% during the 4th quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock valued at $47,256,000 after purchasing an additional 30,095 shares during the last quarter. Sei Investments Co. grew its stake in BJ’s Wholesale Club by 19.6% during the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after buying an additional 64,942 shares during the last quarter. Entropy Technologies LP purchased a new position in BJ’s Wholesale Club during the 1st quarter worth $1,135,000. Reinhart Partners LLC. grew its stake in BJ’s Wholesale Club by 30.7% during the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after buying an additional 12,784 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in BJ’s Wholesale Club during the 4th quarter valued at about $6,780,000. Hedge funds and other institutional investors own 98.60% 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.