BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives Consensus Recommendation of “Hold” from Brokerages

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been given a consensus recommendation of “Hold” by the eighteen brokerages that are covering the company, MarketBeat Ratings reports. One research 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 target price among analysts that have issued ratings on the stock in the last year is $105.2667.

A number of brokerages have issued reports on BJ. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. UBS Group reiterated a “buy” rating and set a $109.00 price objective on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Bank of America assumed coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, July 8th.

BJ’s Wholesale Club Stock Up 1.7%

Shares of BJ’s Wholesale Club stock opened at $92.85 on Friday. BJ’s Wholesale Club has a 12-month low of $83.21 and a 12-month high of $110.92. The firm has a market capitalization of $11.86 billion, a PE ratio of 21.34, a price-to-earnings-growth ratio of 3.46 and a beta of 0.22. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average is $89.25 and its 200-day moving average is $93.46.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, May 22nd. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts anticipate that BJ’s Wholesale Club will post 4.51 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BJ’s Wholesale Club

Large investors have recently made changes to their positions in the business. Victory Capital Management Inc. grew its holdings in shares of BJ’s Wholesale Club by 57.2% during the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of BJ’s Wholesale Club by 12.8% in the fourth quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock valued at $586,513,000 after purchasing an additional 737,130 shares in the last quarter. State Street Corp lifted its position in BJ’s Wholesale Club by 7.7% in the fourth quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after purchasing an additional 389,327 shares during the period. Wellington Management Group LLP lifted its position in BJ’s Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock worth $310,834,000 after purchasing an additional 179,723 shares during the period. Finally, River Road Asset Management LLC boosted its stake in BJ’s Wholesale Club by 9.6% during the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after buying an additional 297,952 shares in the last quarter. Institutional investors and hedge funds 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.