BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts rate BJ’s Wholesale Club “Hold” overall: Of 20 analysts, 10 recommend buying, nine recommend holding, and one recommends selling. The average 12-month price target is $106.06, above the reported share price of $91.80.
• Recent results exceeded expectations: BJ’s reported quarterly EPS of $1.36 versus the $1.17 consensus estimate, while revenue reached $6.23 billion, up 15.7% year over year and ahead of forecasts.
• Institutional ownership is substantial, but insiders have been selling: Hedge funds and other institutions own 98.6% of the company, while insiders sold $7.94 million of shares during the latest quarter.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) has been given a consensus rating of "Hold" by the twenty brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and ten have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $106.0625.

Several analysts have recently issued reports on the stock. Weiss Ratings raised shares of BJ's Wholesale Club from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 26th. Bank of America started coverage on BJ's Wholesale Club in a research report on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 target price on the stock. Citigroup boosted their price target on BJ's Wholesale Club from $100.00 to $111.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Roth Capital reissued a "neutral" rating and set a $97.00 price target on shares of BJ's Wholesale Club in a research report on Monday, August 24th. Finally, DA Davidson upped their price target on BJ's Wholesale Club from $105.00 to $108.00 and gave the stock a "buy" rating in a research note on Monday, August 24th.

BJ's Wholesale Club Trading Up 0.3%

Shares of BJ stock opened at $91.80 on Monday. The firm has a market cap of $11.60 billion, a P/E ratio of 20.09, a PEG ratio of 2.69 and a beta of 0.18. BJ's Wholesale Club has a 1-year low of $83.21 and a 1-year high of $105.78. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The firm's 50-day simple moving average is $92.92 and its 200-day simple moving average is $93.02.

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, topping the consensus estimate 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 business had revenue of $6.23 billion for the quarter, compared to analysts' expectations of $5.97 billion. During the same period last year, the company earned $1.14 earnings per share. The company's quarterly revenue was up 15.7% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, equities analysts forecast that BJ's Wholesale Club will post 4.69 EPS for the current year.

Insider Transactions at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 4,900 shares of the business's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the sale, the chief executive officer owned 274,330 shares in the company, valued at approximately $27,435,743.30. The trade was a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the transaction, the senior vice president owned 13,269 shares in the company, valued at $1,282,448.85. The trade was a 10.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,416 shares of company stock valued at $7,938,084 in the last quarter. 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 made changes to their positions in BJ. California State Teachers Retirement System raised its position in BJ's Wholesale Club by 8,560.2% in 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 during the period. BlackRock Inc. acquired a new stake in shares of BJ's Wholesale Club in the second quarter valued at about $1,087,503,000. Victory Capital Management Inc. grew 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 valued at $1,164,114,000 after buying an additional 4,704,423 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of BJ's Wholesale Club during the 2nd quarter valued at about $179,649,000. Finally, Norges Bank purchased a new stake in shares of BJ's Wholesale Club during the 4th quarter valued at about $151,765,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club chain in the United States. The company sells a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

BJ's also operates gasoline stations at many of its locations and offers services such as optical, tire, and hearing-aid centers at select clubs. Its business combines physical warehouse clubs with digital shopping options, including online ordering, delivery, and curbside pickup where available.

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