BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) has earned an average recommendation of “Hold” from the twenty analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $106.0625.
BJ has been the topic of a number of recent research reports. Gordon Haskett raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. Wall Street Zen upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. UBS Group upped their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th.
Get Our Latest Stock Analysis on BJ
BJ’s Wholesale Club Stock Performance
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last announced its earnings results 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 firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The business’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 EPS. 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 will post 4.69 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other BJ’s Wholesale Club news, CEO Robert 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 value of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares of the company’s stock, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The sale was disclosed in a 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, SVP Joseph Mcgrail sold 1,500 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the transaction, the senior vice president owned 13,269 shares in the company, valued at $1,282,448.85. This represents a 10.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 79,416 shares of company stock worth $7,938,084. Corporate insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC boosted its holdings in BJ’s Wholesale Club by 9.1% in the second quarter. Sequoia Financial Advisors LLC now owns 7,305 shares of the company’s stock worth $637,000 after purchasing an additional 610 shares during the last quarter. Engineers Gate Manager LP grew its position in BJ’s Wholesale Club by 10,728.2% in the 2nd quarter. Engineers Gate Manager LP now owns 302,324 shares of the company’s stock worth $26,369,000 after purchasing an additional 299,532 shares during the period. Integrated Wealth Concepts LLC raised its stake in BJ’s Wholesale Club by 112.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,286 shares of the company’s stock valued at $984,000 after buying an additional 5,981 shares during the last quarter. Maven Securities LTD purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $3,221,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of BJ’s Wholesale Club by 59.6% during the 2nd quarter. NewEdge Advisors LLC now owns 7,459 shares of the company’s stock valued at $651,000 after buying an additional 2,786 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.
BJ’s Wholesale Club Company Profile
BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.
BJ’s also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.
Further Reading
- Five stocks we like better than BJ’s Wholesale Club
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.
