BJ’s Wholesale Club (NYSE:BJ) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of BJ’s Wholesale Club (NYSE:BJ) in a research note issued to investors on Thursday, MarketBeat reports. The firm issued a hold rating on the stock.

BJ has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Morgan Stanley decreased their target price on BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating for the company in a research report on Monday, November 24th. Wells Fargo & Company dropped their target price on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th. Evercore ISI upped their price target on BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Finally, Robert W. Baird lowered their price objective on shares of BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $109.64.

BJ’s Wholesale Club Stock Performance

Shares of NYSE:BJ opened at $90.10 on Thursday. The business has a 50-day moving average of $91.63 and a two-hundred day moving average of $97.13. The firm has a market capitalization of $11.79 billion, a PE ratio of 20.76, a P/E/G ratio of 2.47 and a beta of 0.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.79 and a quick ratio of 0.16. BJ’s Wholesale Club has a 12 month low of $86.68 and a 12 month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The business had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same quarter in the previous year, the business earned $1.18 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, research analysts forecast that BJ’s Wholesale Club will post 3.96 earnings per share for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 17,898 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the transaction, the chief executive officer owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. This trade represents a 5.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $91.09, for a total value 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 $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Institutional investors have recently modified their holdings of the business. Congress Asset Management Co. lifted its holdings in BJ’s Wholesale Club by 13.8% in the fourth quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock worth $30,983,000 after acquiring an additional 41,817 shares during the last quarter. Wedmont Private Capital raised its position in shares of BJ’s Wholesale Club by 16.3% during the 4th quarter. Wedmont Private Capital now owns 3,412 shares of the company’s stock worth $301,000 after purchasing an additional 479 shares during the period. Union Bancaire Privee UBP SA lifted its holdings in shares of BJ’s Wholesale Club by 81.0% in the 4th quarter. Union Bancaire Privee UBP SA now owns 12,026 shares of the company’s stock worth $1,100,000 after purchasing an additional 5,381 shares during the last quarter. GAMMA Investing LLC boosted its position in BJ’s Wholesale Club by 1.8% during the 4th quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock valued at $592,000 after purchasing an additional 119 shares during the period. Finally, Strategic Investment Advisors MI acquired a new position in BJ’s Wholesale Club during the 3rd quarter valued at approximately $254,000. Institutional investors own 98.60% of the company’s stock.

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.