BJ’s Wholesale Club (NYSE:BJ) Price Target Raised to $115.00 at UBS Group

BJ’s Wholesale Club (NYSE:BJ) had its price target lifted by stock analysts at UBS Group from $109.00 to $115.00 in a report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 15.10% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. DA Davidson boosted their price objective on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a research report on Monday. Finally, Bank of America initiated coverage on shares of BJ’s Wholesale Club in a research note on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 target price on the stock. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $105.93.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock traded up $3.49 during midday trading on Monday, hitting $99.91. The stock had a trading volume of 548,361 shares, compared to its average volume of 1,993,912. BJ’s Wholesale Club has a 52-week low of $83.21 and a 52-week high of $105.78. The company has a market capitalization of $12.76 billion, a PE ratio of 21.84, a P/E/G ratio of 3.30 and a beta of 0.21. The firm’s fifty day moving average is $91.50 and its two-hundred day moving average is $93.78. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. The business had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, research analysts forecast that BJ’s Wholesale Club will post 4.68 EPS for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the sale, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 73,016 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares of the company’s stock, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Institutional Trading of BJ’s Wholesale Club

Large investors have recently made changes to their positions in the stock. Focus Partners Wealth raised its stake in shares of BJ’s Wholesale Club by 6.2% during the fourth quarter. Focus Partners Wealth now owns 517,731 shares of the company’s stock valued at $47,256,000 after acquiring an additional 30,095 shares in the last quarter. Sei Investments Co. grew its stake in BJ’s Wholesale Club by 19.6% in the first quarter. Sei Investments Co. now owns 396,598 shares of the company’s stock worth $39,033,000 after purchasing an additional 64,942 shares in the last quarter. Reinhart Partners LLC. grew its stake in BJ’s Wholesale Club by 30.7% in the fourth quarter. Reinhart Partners LLC. now owns 54,452 shares of the company’s stock worth $4,902,000 after purchasing an additional 12,784 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in BJ’s Wholesale Club during the 4th quarter worth $6,780,000. Finally, Entropy Technologies LP purchased a new position in BJ’s Wholesale Club during the 1st quarter worth $1,135,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

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.