Franklin Resources Inc. Purchases 65,159 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Franklin Resources increased its stake in BJ's by 1.1%, buying 65,159 shares to own 5,777,512 shares (≈4.39% of the company) valued at about $538.8 million at quarter-end.
• BJ's beat quarterly expectations with $0.96 EPS vs. $0.93 expected and revenue of $5.58 billion (up 5.6% YoY), and set FY2026 guidance of 4.400–4.600 EPS.
• Analyst sentiment is mixed—nine Buys, ten Holds and one Sell—giving a consensus rating of Hold and an average price target of $107.63, while institutional investors own about 98.6% of the stock.

Franklin Resources Inc. boosted its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,777,512 shares of the company's stock after acquiring an additional 65,159 shares during the period. Franklin Resources Inc. owned 4.39% of BJ's Wholesale Club worth $538,753,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BJ. Roxbury Financial LLC bought a new stake in BJ's Wholesale Club during the 3rd quarter worth about $28,000. Davis Capital Management acquired a new position in BJ's Wholesale Club during the 3rd quarter valued at about $28,000. Root Financial Partners LLC bought a new position in shares of BJ's Wholesale Club in the 3rd quarter valued at about $29,000. Eastern Bank bought a new position in shares of BJ's Wholesale Club in the 3rd quarter valued at about $29,000. Finally, MAI Capital Management grew its position in shares of BJ's Wholesale Club by 395.7% during the 2nd quarter. MAI Capital Management now owns 580 shares of the company's stock worth $63,000 after buying an additional 463 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BJ has been the subject of a number of recent research reports. BTIG Research reissued a "buy" rating and set a $120.00 price target on shares of BJ's Wholesale Club in a research note on Friday, November 21st. William Blair reaffirmed a "mixed" rating on shares of BJ's Wholesale Club in a research note on Thursday, March 5th. Citigroup reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, February 20th. Jefferies Financial Group cut shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and dropped their target price for the company from $120.00 to $90.00 in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group cut their price target on BJ's Wholesale Club from $139.00 to $123.00 and set a "buy" rating on the stock in a research note on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $107.63.

BJ's Wholesale Club Price Performance

BJ's Wholesale Club stock opened at $93.53 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $12.24 billion, a P/E ratio of 21.35, a PEG ratio of 3.32 and a beta of 0.36. The business has a 50-day moving average of $96.03 and a 200-day moving average of $94.21. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $86.68 and a 1 year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating 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 business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the company posted $0.93 EPS. BJ's Wholesale Club's revenue for the quarter 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. On average, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

BJ's Wholesale Club 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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