BJ’s Wholesale Club (NYSE:BJ) Price Target Raised to $110.00

BJ’s Wholesale Club (NYSE:BJ) had its target price upped by Wells Fargo & Company from $105.00 to $110.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. lifted their price target on shares of BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday. BTIG Research reissued a “buy” rating and set a $120.00 price target on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Jefferies Financial Group downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their price objective for the company from $120.00 to $90.00 in a research note on Wednesday, January 28th. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a research report on Friday, January 23rd. Finally, DA Davidson restated a “buy” rating and issued a $123.00 price target on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and a consensus target price of $108.19.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $98.74 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club has a twelve month low of $86.68 and a twelve month high of $121.10. The company has a market cap of $12.92 billion, a P/E ratio of 22.75, a P/E/G ratio of 2.55 and a beta of 0.36. The business has a fifty day simple moving average of $95.24 and a 200 day simple moving average of $94.49.

Insider Transactions at BJ’s Wholesale Club

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

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. boosted its position in BJ’s Wholesale Club by 57.2% during the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after acquiring an additional 4,704,423 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of BJ’s Wholesale Club by 12.8% in the 4th quarter. Franklin Resources Inc. now owns 6,514,642 shares of the company’s stock valued at $586,513,000 after purchasing an additional 737,130 shares during the period. State Street Corp boosted its position in shares of BJ’s Wholesale Club by 7.7% during the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock valued at $492,627,000 after purchasing an additional 389,327 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after purchasing an additional 1,152,591 shares during the period. Finally, Wellington Management Group LLP increased its holdings in BJ’s Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock worth $310,834,000 after purchasing an additional 179,723 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Key Stories Impacting BJ’s Wholesale Club

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.