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

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has received an average recommendation of “Hold” from the nineteen research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $107.6250.

Several equities analysts have commented on BJ shares. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of BJ’s Wholesale Club in a research note on Thursday, January 8th. They issued a “hold” rating for the company. Jefferies Financial Group lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $120.00 to $90.00 in a research note on Wednesday, January 28th. Finally, Wells Fargo & Company upped their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 27th.

BJ’s Wholesale Club Stock Up 1.6%

BJ stock opened at $96.91 on Friday. BJ’s Wholesale Club has a fifty-two week low of $86.68 and a fifty-two week high of $120.33. The business’s 50 day moving average price is $96.88 and its two-hundred day moving average price is $94.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.75. The company has a market capitalization of $12.57 billion, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 3.30 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, March 5th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The company had revenue of $5.58 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter last year, the business posted $0.93 EPS. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts forecast that BJ’s Wholesale Club will post 4.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Joseph Mcgrail sold 2,050 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total value of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at $1,346,785.11. The trade was a 12.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the sale, the chief executive officer owned 306,330 shares in the company, valued at $27,882,156.60. The trade was a 2.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On BJ’s Wholesale Club

Several institutional investors and hedge funds have recently modified their holdings of the stock. First Citizens Bank & Trust Co. raised its position in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock worth $1,267,000 after purchasing an additional 105 shares during the last quarter. Commonwealth Equity Services LLC grew its position in BJ’s Wholesale Club by 0.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock valued at $1,155,000 after purchasing an additional 108 shares during the last quarter. Corient Private Wealth LLC grew its position in BJ’s Wholesale Club by 0.6% during the 4th quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock valued at $1,665,000 after purchasing an additional 113 shares during the last quarter. GAMMA Investing LLC increased its stake in BJ’s Wholesale Club by 1.8% during the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock valued at $592,000 after purchasing an additional 119 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC increased its stake in BJ’s Wholesale Club by 1.9% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company’s stock valued at $600,000 after purchasing an additional 120 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

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.