Envestnet Asset Management Inc. Purchases New Shares in BJ’s Restaurants, Inc. $BJRI

Envestnet Asset Management Inc. purchased a new position in BJ’s Restaurants, Inc. (NASDAQ:BJRI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 54,434 shares of the restaurant operator’s stock, valued at approximately $1,662,000.

Other hedge funds have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its stake in shares of BJ’s Restaurants by 233.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 628,445 shares of the restaurant operator’s stock valued at $28,029,000 after acquiring an additional 440,078 shares during the period. Canada Pension Plan Investment Board bought a new position in BJ’s Restaurants during the 2nd quarter valued at about $13,380,000. JCP Investment Management LLC purchased a new stake in BJ’s Restaurants in the 2nd quarter worth about $5,575,000. Balyasny Asset Management L.P. bought a new stake in BJ’s Restaurants in the second quarter worth about $4,771,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of BJ’s Restaurants during the third quarter valued at approximately $2,501,000. Institutional investors own 99.95% of the company’s stock.

Key Headlines Impacting BJ’s Restaurants

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

• Positive Sentiment: BJ’s reported a Q4 beat on both EPS and revenue, beating consensus (EPS $0.66 vs. $0.60; revenue $355.4M vs. $353.7M), showing year‑over‑year revenue growth and improving operational fundamentals. Article Title
• Positive Sentiment: Several analysts raised price targets after the print (Benchmark to $48, Citigroup to $49), reflecting confidence in the recovery and giving upside vs. the current price. Article Title
• Neutral Sentiment: Management outlined modest comp‑sales guidance of 1–3% for 2026 while highlighting menu innovation and unit expansion — positive for long‑term growth but conservative in the near term. Article Title
• Neutral Sentiment: Multiple news wires and earnings recaps emphasize that revenue and EPS beat estimates; investors will be listening for margin trends and FY guidance detail from the call transcript. Article Title
• Negative Sentiment: Underlying fundamentals that may concern investors: slim net margin (≈3.5%), low liquidity ratios (quick ratio ~0.30, current ratio ~0.36) and modest YoY revenue growth, which can make the name sensitive to cost pressure or traffic weakness. Article Title
• Negative Sentiment: Not all brokers are uniformly bullish: Barclays raised its target but kept an underweight rating, a reminder of split analyst sentiment that can fuel volatility after earnings. Article Title
• Neutral Sentiment: Market action shows modestly lower volume vs. average and noisy/invalid short‑interest data in the feed — technical/dealer flows and profit taking after a recent run toward the 52‑week high may be amplifying the move. Article Title

Insider Activity

In other news, EVP Brian S. Krakower sold 8,017 shares of BJ’s Restaurants stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $39.61, for a total value of $317,553.37. Following the transaction, the executive vice president directly owned 4,409 shares in the company, valued at approximately $174,640.49. This trade represents a 64.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.30% of the company’s stock.

BJ’s Restaurants Trading Down 5.1%

NASDAQ:BJRI opened at $37.99 on Friday. The firm has a 50-day simple moving average of $42.21 and a 200-day simple moving average of $36.94. BJ’s Restaurants, Inc. has a one year low of $28.46 and a one year high of $47.02. The firm has a market cap of $803.11 million, a P/E ratio of 17.67, a P/E/G ratio of 1.20 and a beta of 1.33. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.30 and a current ratio of 0.36.

BJ’s Restaurants (NASDAQ:BJRI) last released its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.06. The firm had revenue of $355.40 million for the quarter, compared to the consensus estimate of $353.71 million. BJ’s Restaurants had a net margin of 3.49% and a return on equity of 13.77%. The company’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm earned $0.47 earnings per share. Equities analysts anticipate that BJ’s Restaurants, Inc. will post 1.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen downgraded BJ’s Restaurants from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Citigroup upped their price objective on BJ’s Restaurants from $45.00 to $49.00 and gave the company a “neutral” rating in a research report on Thursday. Benchmark increased their target price on BJ’s Restaurants from $44.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of BJ’s Restaurants in a research report on Monday, December 29th. Finally, Mizuho upped their price target on shares of BJ’s Restaurants from $39.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $43.00.

BJ’s Restaurants Profile

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.