BJ’s Wholesale Club (NYSE:BJ) Now Covered by Analysts at TD Cowen

TD Cowen started coverage on shares of BJ’s Wholesale Club (NYSE:BJ) in a research report report published on Friday morning,Zacks reports. The firm issued a strong-buy rating on the stock.

Several other equities research analysts have also issued reports on BJ. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. DA Davidson set a $108.00 target price on BJ’s Wholesale Club in a research report on Thursday, October 8th. Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. Roth Capital restated a “neutral” rating and set a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.06.

BJ’s Wholesale Club Stock Up 1.7%

Shares of NYSE:BJ opened at $107.20 on Friday. 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 has a 12 month low of $83.21 and a 12 month high of $108.09. The company has a 50-day moving average price of $96.49 and a 200 day moving average price of $94.51. The company has a market cap of $13.54 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 3.09 and a beta of 0.17.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the business posted $1.14 earnings per share. The firm’s 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. As a group, equities research analysts predict that BJ’s Wholesale Club will post 4.70 earnings per share for the current year.

Insider Activity

In related news, CEO Robert W. Eddy sold 172,184 shares of the stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $102.19, for a total value of $17,595,482.96. Following the sale, the chief executive officer directly owned 266,330 shares of the company’s stock, valued at $27,216,262.70. This represents a 39.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the completion of the sale, the senior vice president directly owned 13,269 shares in the company, valued at $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 218,436 shares of company stock valued at $22,238,536. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in BJ’s Wholesale Club during the 2nd quarter worth $1,087,503,000. Bank of New York Mellon Corp bought a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $179,649,000. Bank of America Corp DE bought a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $108,684,000. Primecap Management Co. CA purchased a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth $70,452,000. Finally, TimesSquare Capital Management LLC purchased a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth $60,127,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting BJ’s Wholesale Club

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

• Positive Sentiment: Texas expansion continues: BJ’s will open its fifth Texas club in Mesquite on November 6. The new location broadens the company’s footprint and provides another avenue for membership, sales and market-share growth. BJ’s Wholesale Club in Mesquite, Texas, Set to Open November 6
• Positive Sentiment: Membership promotion could support customer growth: A heavily discounted annual membership, reportedly available for $10, may help BJ’s attract new members during the holiday and Black Friday shopping period. Increased membership penetration can support recurring fee revenue and store traffic, though the discount may reduce near-term membership revenue per new customer. BJ’s Membership Black Friday Deal
• Neutral Sentiment: Upcoming earnings catalyst: BJ’s announced that it will hold its fiscal third-quarter 2026 earnings conference call on a later scheduled date. The announcement contained no new financial results, so investors are likely awaiting the report for updates on comparable sales, membership trends, margins and full-year guidance. BJ’s Wholesale Club Announces Third Quarter Fiscal 2026 Earnings Conference Call Date
• Negative Sentiment: Potential development opposition in Branford: Residents raised concerns about a proposed BJ’s development in Branford, Connecticut. Opposition could create permitting delays, added costs or uncertainty for that individual project, although it does not appear to affect the company’s broader expansion plans. Branford Officials Hear From Residents on Proposed BJ’s Development

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.