Magnetar Financial LLC Has $5.04 Million Stock Position in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Magnetar Financial LLC boosted its stake in BJ's Wholesale Club by 807.5% in Q3, owning 54,042 shares valued at about $5.04 million after adding 48,087 shares.
• BJ's beat Q results with $0.96 EPS (vs. $0.93 est.) and revenue of $5.58B (up 5.6% YoY), set FY2026 guidance of $4.40–$4.60 EPS, and is trading near $93.53 with a $12.24B market cap and a consensus analyst rating of "Hold" (target $107.63).

Magnetar Financial LLC lifted its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 807.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,042 shares of the company's stock after purchasing an additional 48,087 shares during the period. Magnetar Financial LLC's holdings in BJ's Wholesale Club were worth $5,039,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Roxbury Financial LLC bought a new position in shares of BJ's Wholesale Club in the 3rd quarter valued at about $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 BJ's Wholesale Club in the 3rd quarter valued at about $29,000. Root Financial Partners LLC acquired a new stake in BJ's Wholesale Club in the 3rd quarter valued at about $29,000. Finally, MAI Capital Management grew its holdings in 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 purchasing an additional 463 shares during the period. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Trading Down 2.9%

Shares of BJ stock opened at $93.53 on Thursday. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $86.68 and a 12-month high of $121.10. The company has a market capitalization of $12.24 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 3.32 and a beta of 0.36. The firm has a 50 day moving average price of $96.03 and a two-hundred day moving average price of $94.21. The company has a quick ratio of 0.16, a current ratio of 0.75 and a debt-to-equity ratio of 0.18.

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

Analyst Ratings Changes

A number of equities analysts have weighed in on BJ shares. Wells Fargo & Company boosted their price target on BJ's Wholesale Club from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft started coverage on BJ's Wholesale Club in a research note on Thursday, January 8th. They set a "hold" rating for the company. DA Davidson boosted their target price on BJ's Wholesale Club from $110.00 to $114.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. JPMorgan Chase & Co. increased their price target on BJ's Wholesale Club from $90.00 to $94.00 and gave the company a "neutral" rating in a research note on Thursday, February 26th. Finally, Robert W. Baird cut their price target on BJ's Wholesale Club from $130.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, November 24th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $107.63.

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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