BJ’s Wholesale Club (NYSE:BJ) Stock Rating Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of BJ’s Wholesale Club (NYSE:BJ) from a buy rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

Other equities research analysts also recently issued reports about the stock. William Blair downgraded shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a report on Monday, August 24th. Weiss Ratings raised BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, DA Davidson set a $108.00 target price on BJ’s Wholesale Club in a research report on Thursday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $106.06.

BJ’s Wholesale Club Stock Down 0.8%

Shares of NYSE:BJ opened at $105.73 on Friday. The business has a 50-day moving average price of $95.23 and a 200 day moving average price of $92.93. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $13.36 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 3.11 and a beta of 0.17. BJ’s Wholesale Club has a 12-month low of $83.21 and a 12-month high of $107.73.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. BJ’s Wholesale Club’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Sell-side analysts expect that BJ’s Wholesale Club will post 4.70 EPS for the current year.

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 172,184 shares of the company’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $102.19, for a total transaction of $17,595,482.96. Following the sale, the chief executive officer owned 266,330 shares in the company, valued at $27,216,262.70. This represents a 39.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Laura Felice sold 8,452 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $104.95, for a total value of $887,037.40. Following the sale, the executive vice president owned 84,416 shares in the company, valued at approximately $8,859,459.20. This trade represents a 9.10% 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. Over the last 90 days, insiders sold 291,452 shares of company stock valued at $29,541,597. Company insiders own 1.10% of the company’s stock.

Institutional Trading of BJ’s Wholesale Club

Large investors have recently made changes to their positions in the company. Signaturefd LLC increased its holdings in shares of BJ’s Wholesale Club by 16.3% in the 3rd quarter. Signaturefd LLC now owns 4,328 shares of the company’s stock valued at $398,000 after acquiring an additional 605 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in shares of BJ’s Wholesale Club by 100.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 6,760 shares of the company’s stock worth $622,000 after acquiring an additional 3,381 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $265,000. Evergreen Capital Management LLC lifted its stake in BJ’s Wholesale Club by 34.4% during the third quarter. Evergreen Capital Management LLC now owns 3,188 shares of the company’s stock worth $293,000 after purchasing an additional 816 shares during the last quarter. Finally, Tectonic Advisors LLC lifted its stake in BJ’s Wholesale Club by 16.6% during the third quarter. Tectonic Advisors LLC now owns 7,544 shares of the company’s stock worth $694,000 after purchasing an additional 1,075 shares during the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.