BJ's Wholesale Club (NYSE:BJ) Price Target Raised to $115.00 at UBS Group

Key Points

• UBS Group raised its price target for BJ’s Wholesale Club from $109 to $115 and maintained a “buy” rating, implying roughly 15% upside from the prior close. The broader analyst consensus remains “hold,” with an average target of $105.93.
• BJ shares rose 3.6% to $99.91, following quarterly results that exceeded expectations: adjusted EPS was $1.36 versus $1.17 expected, while revenue reached $6.23 billion, up 15.7% year over year.
• Insiders recently sold shares, including the CEO’s $7.3 million transaction, while institutional investors own 98.6% of the company’s stock.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) had its price target upped by investment analysts at UBS Group from $109.00 to $115.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. UBS Group's target price suggests a potential upside of 15.10% from the company's previous close.

Several other research firms have also recently issued reports on BJ. JPMorgan Chase & Co. upped their target price on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the company a "neutral" rating in a research note on Tuesday, May 26th. DA Davidson boosted their price objective on shares of BJ's Wholesale Club from $105.00 to $108.00 and gave the company a "buy" rating in a report on Monday. Bank of America initiated coverage on shares of BJ's Wholesale Club in a research report on Wednesday, May 20th. They set a "neutral" rating and a $110.00 price objective on the stock. Gordon Haskett upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 target price on the stock in a report on Wednesday, July 29th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of BJ's Wholesale Club in a report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $105.93.

BJ's Wholesale Club Stock Up 3.6%

Shares of BJ stock traded up $3.49 during mid-day trading on Monday, hitting $99.91. The company's stock had a trading volume of 548,361 shares, compared to its average volume of 1,993,912. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 3.30 and a beta of 0.21. 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 52-week low of $83.21 and a 52-week high of $105.78. The business has a 50-day moving average price of $91.50 and a 200 day moving average price of $93.78.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The company had revenue of $6.23 billion for the quarter, compared to analysts' expectations of $5.97 billion. During the same period last year, the firm posted $1.14 earnings per share. BJ's Wholesale Club's revenue was up 15.7% compared to the same quarter last year. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Research analysts predict that BJ's Wholesale Club will post 4.68 EPS for the current fiscal year.

Insider Activity

In related news, EVP Scott Schmadeke sold 16,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares of the company's stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 73,016 shares of the business's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the sale, the chief executive officer owned 282,330 shares of the company's stock, valued at $28,238,646.60. This trade represents a 20.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. BOK Financial Private Wealth Inc. bought a new stake in shares of BJ's Wholesale Club during the 4th quarter valued at $25,000. Strive Financial Group LLC bought a new position in BJ's Wholesale Club in the 4th quarter worth $25,000. Parkside Financial Bank & Trust raised its holdings in BJ's Wholesale Club by 147.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company's stock worth $26,000 after purchasing an additional 173 shares during the period. Quantbot Technologies LP purchased a new position in BJ's Wholesale Club during the second quarter valued at $28,000. Finally, Essential Partners LLC lifted its position in BJ's Wholesale Club by 81.2% during the first quarter. Essential Partners LLC now owns 290 shares of the company's stock valued at $29,000 after purchasing an additional 130 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Company Profile

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.

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