BJ’s Wholesale Club (NYSE:BJ – Get Free Report) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $90.00 to $94.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential downside of 4.80% from the company’s current price.
Several other brokerages have also recently weighed in on BJ. Jefferies Financial Group cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $120.00 to $90.00 in a research note on Wednesday, January 28th. TD Cowen reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Citigroup restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, February 20th. Wells Fargo & Company dropped their price objective on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, November 12th. Finally, UBS Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $108.19.
View Our Latest Analysis on BJ
BJ’s Wholesale Club Stock Performance
Insider Activity
In other 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 transaction of $637,630.00. Following the completion of the transaction, the executive vice president owned 50,498 shares of the company’s stock, valued at approximately $4,599,862.82. The trade was a 12.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. River Road Asset Management LLC grew its holdings in shares of BJ’s Wholesale Club by 9.6% during the 4th quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock valued at $306,436,000 after purchasing an additional 297,952 shares during the last quarter. Virtu Financial LLC acquired a new stake in BJ’s Wholesale Club in the fourth quarter valued at approximately $514,000. Dean Capital Management boosted its position in BJ’s Wholesale Club by 3.2% in the fourth quarter. Dean Capital Management now owns 18,988 shares of the company’s stock valued at $1,709,000 after buying an additional 589 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of BJ’s Wholesale Club by 8.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,184,739 shares of the company’s stock worth $106,663,000 after buying an additional 95,408 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of BJ’s Wholesale Club by 7.7% during the fourth quarter. Invesco Ltd. now owns 1,817,247 shares of the company’s stock worth $163,607,000 after buying an additional 130,531 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.
BJ’s Wholesale Club News Roundup
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
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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