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

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has received an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $105.2667.

A number of equities analysts have recently commented on BJ shares. Bank of America started 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 objective for the company. JPMorgan Chase & Co. upped their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research note on Tuesday, May 26th. Finally, Citigroup reduced their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th.

Key Stories Impacting BJ’s Wholesale Club

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

• Negative Sentiment: Multiple reports describe a dramatic roof collapse inside a BJ’s Wholesale Club location in New Jersey, with shoppers reportedly trapped or narrowly escaping injury. Even though no injuries have been reported so far, the incident could raise concerns about store disruption, repair costs, insurance claims, and short-term reputational risk. Roof collapses at BJ’s during heavy downpour in N.J. (VIDEO)
• Neutral Sentiment: Early updates indicate the damage was tied to severe weather, and local authorities/news outlets have said no injuries were reported. That may limit the longer-term financial impact if the company can quickly repair the store and resume normal operations. No injuries reported after roof collapses at BJ’s Wholesale Club in Ocean Township

Insider Activity at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were 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 directly owned 306,330 shares in the company, valued at $27,882,156.60. This trade represents a 2.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,550 shares of company stock worth $2,435,904 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after buying an additional 4,704,423 shares in the last quarter. Franklin Resources Inc. grew its holdings 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 worth $586,513,000 after acquiring an additional 737,130 shares during the period. State Street Corp increased its position in shares of BJ’s Wholesale Club by 7.7% during the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock valued at $492,627,000 after purchasing an additional 389,327 shares during the last quarter. Wellington Management Group LLP increased its holdings in BJ’s Wholesale Club by 5.5% during the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after buying an additional 179,723 shares during the last quarter. Finally, River Road Asset Management LLC raised its holdings in BJ’s Wholesale Club by 9.6% in the 4th quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after purchasing an additional 297,952 shares during the period. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

NYSE BJ opened at $87.56 on Wednesday. The firm’s 50-day simple moving average is $89.95 and its two-hundred day simple moving average is $93.64. The company has a market cap of $11.18 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 3.26 and a beta of 0.22. BJ’s Wholesale Club has a 52 week low of $83.21 and a 52 week high of $110.92. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the business earned $1.14 EPS. BJ’s Wholesale Club’s revenue was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts predict that BJ’s Wholesale Club will post 4.51 earnings per share for the current 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.