Brown Brothers Harriman & Co. Acquires 371,485 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Brown Brothers Harriman & Co. bought 371,485 shares of BJ's in Q3, raising its stake to 372,138 shares (about 0.28% of the company) worth roughly $34.7 million — a reported increase of 56,889%.
• Analyst coverage is mixed: the consensus rating is 'Hold' with an average target of $107.63, following recent moves such as BTIG's $120 buy, Jefferies' downgrade to hold with a $90 target, and Wells Fargo's raise to $110.
• BJ's beat Q4 estimates with $0.96 EPS vs. $0.93 expected and $5.58 billion revenue (+5.6% YoY), and issued FY2026 EPS guidance of $4.40–$4.60.

Brown Brothers Harriman & Co. lifted its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 56,889.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 372,138 shares of the company's stock after purchasing an additional 371,485 shares during the period. Brown Brothers Harriman & Co. owned 0.28% of BJ's Wholesale Club worth $34,702,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of BJ. Roxbury Financial LLC bought a new position in BJ's Wholesale Club during the 3rd quarter worth $28,000. Davis Capital Management bought a new stake in shares of BJ's Wholesale Club in the 3rd quarter valued at about $28,000. Eastern Bank acquired a new stake in shares of BJ's Wholesale Club in the third quarter valued at about $29,000. Root Financial Partners LLC acquired a new stake in shares of BJ's Wholesale Club in the third quarter valued at about $29,000. Finally, MAI Capital Management raised its position in shares of BJ's Wholesale Club by 395.7% during the second quarter. MAI Capital Management now owns 580 shares of the company's stock worth $63,000 after acquiring an additional 463 shares during the last quarter. Institutional investors own 98.60% of the company's stock.

Wall Street Analyst Weigh In

BJ has been the topic of several analyst reports. BTIG Research reiterated a "buy" rating and issued a $120.00 target price on shares of BJ's Wholesale Club in a report on Friday, November 21st. Morgan Stanley lowered their price target on shares of BJ's Wholesale Club from $105.00 to $100.00 and set an "equal weight" rating for the company in a report on Thursday, January 15th. Jefferies Financial Group downgraded shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and dropped their price target for the stock from $120.00 to $90.00 in a research report on Wednesday, January 28th. Wells Fargo & Company upped their price objective on shares of BJ's Wholesale Club from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of BJ's Wholesale Club from $90.00 to $94.00 and gave the company a "neutral" rating in a report on Thursday, February 26th. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $107.63.

More BJ's Wholesale Club News

Here are the key news stories impacting BJ's Wholesale Club this week:

• Positive Sentiment: Zacks raised BJ's FY2028 and several late‑2027/2028 quarter EPS estimates (e.g., FY2028 to $4.78, Q3/Q4 2027–2028 lifts), which supports a stronger medium‑term earnings outlook and suggests upside beyond the near term.
• Positive Sentiment: BJ’s is leaning into private‑label (Berkeley Jensen) after sales surged — that can boost margins and customer loyalty if the trend continues. BJ’s Wholesale Club doubles down on Berkeley Jensen as private label sales surge
• Neutral Sentiment: Promotional activity: short‑term member offers (one‑year membership deals, 50¢/gal gas discounts) may help retention and traffic but compress margins near term. You Can Get a One-Year BJ's Membership for Just $20 Right Now BJ’s members can get 50¢ off every gallon of gas through March 16
• Neutral Sentiment: Analyst commentary from the Q4 call is available (useful for qualitative color on comps, membership trends and margin drivers) but does not change fundamental metrics by itself. The 5 Most Interesting Analyst Questions From BJ's’s Q4 Earnings Call
• Negative Sentiment: Zacks cut several near‑term EPS estimates (Q1 2027, Q1 2028, Q2 2028 and trimmed FY2027 to $4.50), signaling some expected softness in shorter‑term results that likely weighs on the stock today.

BJ's Wholesale Club Trading Down 1.1%

BJ opened at $97.71 on Friday. The company has a fifty day moving average price of $96.32 and a two-hundred day moving average price of $94.26. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $86.68 and a 1-year high of $121.10. The company has a market cap of $12.79 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 3.42 and a beta of 0.36. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.03. BJ's Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company had revenue of $5.58 billion for the quarter, compared to analysts' expectations of $5.54 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The business's revenue was up 5.6% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

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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