BJ’s Wholesale Club (NYSE:BJ) Given New $113.00 Price Target at JPMorgan Chase & Co.

BJ’s Wholesale Club (NYSE:BJ) had its target price boosted by investment analysts at JPMorgan Chase & Co. from $100.00 to $113.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 2.11% from the company’s previous close.

A number of other research firms also recently issued reports on BJ. The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. TD Cowen started coverage on BJ’s Wholesale Club in a report on Friday, October 30th. They issued a “strong-buy” rating on the stock. William Blair cut BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. DA Davidson set a $108.00 price target on BJ’s Wholesale Club in a research note on Thursday, October 8th. Finally, Wells Fargo & Company boosted their price objective on shares of BJ’s Wholesale Club from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus target price of $107.75.

BJ’s Wholesale Club Stock Performance

Shares of BJ traded down $0.21 during mid-day trading on Friday, hitting $110.67. 478,214 shares of the company traded hands, compared to its average volume of 1,958,914. The stock has a market cap of $13.98 billion, a price-to-earnings ratio of 24.24, a P/E/G ratio of 3.25 and a beta of 0.12. The stock has a 50-day moving average price of $99.59 and a two-hundred day moving average price of $95.20. BJ’s Wholesale Club has a 1 year low of $83.21 and a 1 year high of $113.35. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73.

BJ’s Wholesale Club (NYSE:BJ) last issued 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 2.62% and a return on equity of 27.40%. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter last year, the company posted $1.14 earnings per share. The firm’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. Equities analysts anticipate that BJ’s Wholesale Club will post 4.70 earnings per share for the current year.

Insider Activity

In related news, SVP Joseph Mcgrail sold 1,500 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the transaction, the senior vice president owned 13,269 shares of the company’s stock, valued at approximately $1,282,448.85. This represents a 10.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP William Werner sold 3,000 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $95.00, for a total transaction of $285,000.00. Following the completion of the transaction, the executive vice president directly owned 50,160 shares of the company’s stock, valued at $4,765,200. This represents a 5.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 228,436 shares of company stock valued at $23,343,836. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BJ’s Wholesale Club

Several large investors have recently made changes to their positions in BJ. Xcelsior Advisor Partners LLC bought a new position in BJ’s Wholesale Club in the 3rd quarter worth approximately $256,000. Bleakley Financial Group LLC grew its position in shares of BJ’s Wholesale Club by 7.0% during the third quarter. Bleakley Financial Group LLC now owns 19,142 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,253 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of BJ’s Wholesale Club by 8.4% in the third quarter. Benjamin Edwards Inc. now owns 2,782 shares of the company’s stock worth $256,000 after purchasing an additional 216 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of BJ’s Wholesale Club by 31.2% in the third quarter. First Trust Advisors LP now owns 55,953 shares of the company’s stock worth $5,148,000 after purchasing an additional 13,311 shares during the last quarter. Finally, Texas Yale Capital Corp. bought a new stake in shares of BJ’s Wholesale Club in the third quarter worth about $547,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club News Summary

Here’s some of the latest news about BJ:

• Positive Sentiment: Zacks highlighted BJ’s above-average financial growth as a reason growth investors may want to consider the stock. Zacks growth analysis
• Neutral Sentiment: BJ’s is scheduled to report earnings Friday, making results and any outlook updates a near-term catalyst; the provided report does not include earnings results. Earnings announcement
• Neutral Sentiment: Zacks noted broader consumer-staples pressures, including costs and changing consumer trends, while saying BJ’s strategic initiatives may support long-term growth. Consumer staples outlook

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc. operates membership-based warehouse clubs that sell groceries and other merchandise in bulk and at discounted prices. Its offerings include fresh foods, household essentials, electronics, apparel, and seasonal products, as well as gasoline at many locations. The company also serves members through its website and mobile app, offering options such as online ordering and delivery or pickup. Its private-label brands include Wellsley Farms and Berkley Jensen. Founded in 1984 in Massachusetts, BJ’s primarily serves customers in the eastern United States.