BJ’s Wholesale Club (NYSE:BJ) Given New $110.00 Price Target at Wells Fargo & Company

BJ’s Wholesale Club (NYSE:BJ) had its price objective increased by Wells Fargo & Company from $105.00 to $110.00 in a report issued on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Monday, December 29th. JPMorgan Chase & Co. upped their price target on BJ’s Wholesale Club from $90.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft initiated coverage on BJ’s Wholesale Club in a report on Thursday, January 8th. They set a “hold” rating on the stock. Evercore boosted their target price on BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Finally, UBS Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Hold” and a consensus price target of $108.19.

BJ’s Wholesale Club Stock Up 1.9%

BJ traded up $1.86 during midday trading on Friday, hitting $98.74. 1,260,532 shares of the company’s stock traded hands, compared to its average volume of 1,724,362. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.79 and a quick ratio of 0.16. The company has a market cap of $12.92 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 2.51 and a beta of 0.36. The stock’s fifty day simple moving average is $95.24 and its 200-day simple moving average is $94.65. BJ’s Wholesale Club has a one year low of $86.68 and a one year high of $121.10.

Insider Activity at BJ’s Wholesale Club

In related news, EVP William C. Werner sold 7,000 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $91.09, for a total value of $637,630.00. Following the sale, the executive vice president owned 50,498 shares of the company’s stock, valued at $4,599,862.82. The trade was a 12.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently made changes to their positions in the company. State of Michigan Retirement System increased its position in BJ’s Wholesale Club by 0.3% in the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock worth $3,420,000 after purchasing an additional 100 shares during the period. First Citizens Bank & Trust Co. boosted its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after purchasing an additional 105 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock valued at $1,155,000 after purchasing an additional 108 shares during the last quarter. GAMMA Investing LLC grew its position in shares of BJ’s Wholesale Club by 1.8% during the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock worth $592,000 after buying an additional 119 shares during the period. Finally, Moody Lynn & Lieberson LLC raised its stake in shares of BJ’s Wholesale Club by 1.9% during the third quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company’s stock worth $600,000 after buying an additional 120 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

Key BJ’s Wholesale Club News

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

• Positive Sentiment: Wells Fargo raised its price target on BJ from $105 to $110 and maintained an “overweight” rating, implying roughly double-digit upside versus current levels — supportive for the stock. Benzinga
• Positive Sentiment: Zacks published bullish coverage highlighting BJ as an “incredible growth stock” with several drivers that could help it outperform peers — this positive narrative can attract growth-oriented buyers. Zacks Article
• Positive Sentiment: Short interest fell ~17.1% month-over-month to ~6.89M shares (5.3% of float) with ~3.5 days-to-cover — reduced short pressure can remove a near-term headwind and increase the chance of short-covering squeezes on rallies.
• Neutral Sentiment: Zacks also featured BJ in a list of stocks with rising P/E and in a value comparison piece versus Colgate-Palmolive (CL); these are informational and may attract both value and growth investors but are not immediate catalysts. Zacks P/E Article Zacks BJ vs CL
• Neutral Sentiment: Local press noted a new BJ’s location in Hixson — modestly supportive for regional sales/visibility but not a company-level catalyst. NewsChannel9
• Neutral Sentiment: Media pieces (MSN) on the broader “wholesale wars” trend may support investor interest in warehouse-format retailers broadly; helpful context but not BJ-specific catalyst. MSN
• Neutral Sentiment: Market notices list BJ as scheduled to report quarterly results this week and note the consensus analyst profile is roughly “hold” on average — earnings will be the primary short-term fundamental catalyst. Earnings Preview (AmericanBankingNews)
• Negative Sentiment: JPMorgan raised its price target from $90 to $94 but kept a “neutral” rating; that target implies a small downside versus current prices and could temper gains if investors focus on the firm’s more cautious stance. Benzinga / TickerReport TickerReport

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.