BJ's Wholesale Club (NYSE:BJ) Stock Price Expected to Rise, DA Davidson Analyst Says

Key Points

• DA Davidson raised its price target for BJ’s Wholesale Club from $105 to $108 and maintained a “buy” rating, implying about 10% upside from the prior close. However, the broader analyst consensus remains “hold,” with a $105.53 target.
• BJ’s reported stronger-than-expected quarterly results, with EPS of $1.36 versus the $1.17 estimate and revenue of $6.23 billion, up 15.7% year over year. The company issued fiscal 2026 EPS guidance of $4.60–$4.80.
• The stock rose 1.8% to $98.16, while institutional ownership reached 98.6%. Two executives sold shares under disclosed transactions, including the CEO’s sale of roughly $7.3 million in stock.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) had its target price lifted by research analysts at DA Davidson from $105.00 to $108.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the stock. DA Davidson's price objective points to a potential upside of 10.02% from the company's previous close.

Several other equities analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of BJ's Wholesale Club in a research report on Wednesday, July 8th. JPMorgan Chase & Co. increased 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 report on Tuesday, May 26th. The Goldman Sachs Group reissued a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BJ's Wholesale Club in a report on Friday, August 14th. Finally, Bank of America started coverage on shares of BJ's Wholesale Club in a research note on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 price objective for the company. Ten 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 company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $105.53.

BJ's Wholesale Club Trading Up 1.8%

BJ's Wholesale Club stock traded up $1.74 during trading hours on Monday, reaching $98.16. 126,459 shares of the company's stock were exchanged, compared to its average volume of 1,992,175. The firm's 50 day simple moving average is $91.50 and its 200 day simple moving average is $93.78. BJ's Wholesale Club has a twelve month low of $83.21 and a twelve month high of $105.78. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $12.53 billion, a PE ratio of 21.44, a PEG ratio of 3.30 and a beta of 0.21.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the previous year, the company earned $1.14 EPS. BJ's Wholesale Club's quarterly 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 earnings per share for the current year.

Insider Buying and Selling at BJ's Wholesale Club

In other news, EVP Scott Schmadeke sold 16,500 shares of the company's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president directly owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert W. Eddy sold 73,016 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the sale, the chief executive officer directly owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was 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. Corporate insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System raised its position in BJ's Wholesale Club by 8,560.2% during the second quarter. California State Teachers Retirement System now owns 13,116,580 shares of the company's stock valued at $1,144,028,000 after purchasing an additional 12,965,121 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of BJ's Wholesale Club by 46.2% in the 2nd quarter. HB Wealth Management LLC now owns 6,732 shares of the company's stock worth $587,000 after purchasing an additional 2,127 shares in the last quarter. AlphaGrep UK Ltd purchased a new position in shares of BJ's Wholesale Club in the 2nd quarter worth about $262,000. Strive Financial Group LLC increased its position in shares of BJ's Wholesale Club by 410.7% during the 2nd quarter. Strive Financial Group LLC now owns 1,578 shares of the company's stock valued at $138,000 after purchasing an additional 1,269 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in shares of BJ's Wholesale Club by 149.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 6,232 shares of the company's stock valued at $544,000 after purchasing an additional 3,731 shares during 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.

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