BJ’s Wholesale Club (NYSE:BJ) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

BJ’s Wholesale Club (NYSE:BJ) had its price objective lifted by analysts at JPMorgan Chase & Co. from $100.00 to $113.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 2.11% from the stock’s previous close.

A number of other equities research analysts have also commented on BJ. Wells Fargo & Company upped their price target on shares of BJ’s Wholesale Club from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Friday. Wall Street Zen cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings raised shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, November 4th. The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Finally, William Blair cut BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $107.75.

BJ’s Wholesale Club Trading Down 0.2%

BJ traded down $0.21 on Friday, hitting $110.67. 478,214 shares of the company were exchanged, compared to its average volume of 1,958,914. The firm has a fifty day simple moving average of $99.59 and a two-hundred day simple moving average of $95.20. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. BJ’s Wholesale Club has a 12 month low of $83.21 and a 12 month high of $113.35. The stock has a market capitalization of $13.98 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 3.25 and a beta of 0.12.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The business’s revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.14 earnings per share. 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 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert Eddy sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $104.00, for a total transaction of $832,000.00. Following the transaction, the chief executive officer owned 258,330 shares in the company, valued at approximately $26,866,320. This represents a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the transaction, the senior vice president directly owned 13,269 shares of the company’s stock, valued at $1,282,448.85. This represents a 10.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 228,436 shares of company stock valued at $23,343,836. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BJ. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of BJ’s Wholesale Club during the second quarter valued at approximately $27,242,000. Entropy Technologies LP purchased a new position in shares of BJ’s Wholesale Club in the 1st quarter worth about $1,135,000. Sei Investments Co. boosted its stake in BJ’s Wholesale Club by 19.6% in the 1st quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after purchasing an additional 64,942 shares in the last quarter. Bank of America Corp DE purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at about $108,684,000. Finally, Engineers Gate Manager LP increased its stake in BJ’s Wholesale Club by 10,728.2% during the 2nd quarter. Engineers Gate Manager LP now owns 302,324 shares of the company’s stock valued at $26,369,000 after purchasing an additional 299,532 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ’s Wholesale Club News Summary

Here’s some of the latest news about BJ:

• Positive Sentiment: Wells Fargo raised its price target to $120 from $110 and reiterated an “overweight” rating. The new target implies about 8% upside from the $111.08 price cited in the report. Wells Fargo recommendations
• Neutral Sentiment: BJ’s is scheduled to report earnings Friday, making results and any outlook updates a near-term catalyst; the provided report does not include earnings results. Earnings announcement
• Neutral Sentiment: Zacks noted broader consumer-staples pressures, including costs and changing consumer trends, while saying BJ’s strategic initiatives may support long-term growth. Consumer staples outlook

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc. operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations. The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen. Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.