BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Given Consensus Rating of “Hold” by Brokerages

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been given a consensus rating of “Hold” by the eighteen research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $105.2667.

BJ has been the topic of a number of recent analyst reports. William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. JPMorgan Chase & Co. lifted their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Wells Fargo & Company lifted their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Finally, Bank of America initiated 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 price target on the stock.

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total value of $728,160.00. Following the transaction, the chief executive officer owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 2,050 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the completion of the transaction, the senior vice president directly owned 14,769 shares in the company, valued at approximately $1,346,785.11. This represents a 12.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Glenmede Trust Co. NA increased its position in BJ’s Wholesale Club by 2.4% during the first quarter. Glenmede Trust Co. NA now owns 21,128 shares of the company’s stock worth $2,079,000 after acquiring an additional 494 shares during the period. Essential Partners LLC increased its position in BJ’s Wholesale Club by 81.3% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the period. Arete Wealth Advisors LLC bought a new position in BJ’s Wholesale Club during the first quarter worth $1,974,000. FinArc Investments Inc. bought a new position in BJ’s Wholesale Club during the first quarter worth $3,877,000. Finally, Western Wealth Management LLC bought a new position in BJ’s Wholesale Club during the first quarter worth $80,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $89.22 on Friday. The firm has a market cap of $11.39 billion, a PE ratio of 20.51, a PEG ratio of 3.29 and a beta of 0.23. The firm’s 50 day moving average price is $93.05 and its 200 day moving average price is $94.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. BJ’s Wholesale Club has a twelve month low of $83.65 and a twelve month high of $115.43.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the firm earned $1.14 earnings per share. The company’s revenue for the quarter was up 9.9% 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, research analysts expect that BJ’s Wholesale Club will post 4.51 EPS for the current fiscal year.

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.