BJ’s Wholesale Club (NYSE:BJ) Price Target Raised to $110.00 at Wells Fargo & Company

BJ’s Wholesale Club (NYSE:BJ) had its price target upped by Wells Fargo & Company from $105.00 to $110.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 11.48% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Barclays downgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $115.00 to $90.00 in a report on Wednesday, January 7th. Evercore boosted their target price on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the company an “in-line” rating in a research note on Monday, November 24th. Jefferies Financial Group downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and reduced their target price for the company from $120.00 to $90.00 in a research report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Finally, Melius Research downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a research note on Friday, January 23rd. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $108.19.

BJ’s Wholesale Club Stock Performance

BJ stock traded up $1.79 during midday trading on Friday, hitting $98.67. The company’s stock had a trading volume of 148,194 shares, compared to its average volume of 1,810,945. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 2.51 and a beta of 0.36. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average price is $95.16 and its 200 day moving average price is $94.71. BJ’s Wholesale Club has a 1 year low of $86.68 and a 1 year high of $121.10.

Insider Activity

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 sale, the executive vice president owned 50,498 shares of the company’s stock, valued at $4,599,862.82. The trade was a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. boosted its holdings in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after acquiring an additional 4,704,423 shares during the period. Norges Bank purchased a new stake in BJ’s Wholesale Club during the 4th quarter worth about $151,765,000. Danica Pension Livsforsikringsaktieselskab bought a new position in BJ’s Wholesale Club in the 3rd quarter worth about $110,523,000. Massachusetts Financial Services Co. MA boosted its stake in BJ’s Wholesale Club by 31.7% in the 3rd 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, State Street Corp grew its holdings in BJ’s Wholesale Club by 25.4% during the 3rd quarter. State Street Corp now owns 5,082,478 shares of the company’s stock valued at $473,941,000 after buying an additional 1,028,779 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Trending Headlines about BJ’s Wholesale Club

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

• Positive Sentiment: Significant drop in short interest — short positions fell ~17.1% in February to ~6.89M shares (5.3% of float), lowering short pressure and the potential for squeeze-related volatility. (Data item)
• Positive Sentiment: Bullish analyst/features: Zacks published pieces highlighting BJ’s as an attractive growth stock and one of five top-ranked names with rising P/Es — supportive for investor sentiment and momentum. BJ’s (BJ) is an Incredible Growth Stock: 3 Reasons Why
• Positive Sentiment: Local expansion: a new BJ’s location opened in Hixson, TN — incremental member and revenue potential, reinforcing execution on store growth. BJs Wholesale: Hixson’s newest spot for savings
• Neutral Sentiment: Analyst consensus: BJ’s carries an average “Hold” analyst rating, indicating mixed expectations that may limit large directional moves absent strong earnings. Analysts Give BJ’s an Average “Hold”
• Neutral Sentiment: Earnings calendar: BJ’s is projected to report quarterly results this week — key near-term catalyst that could move the share price depending on same-store sales, membership trends and margin commentary. BJ’s Projected to Post Quarterly Earnings
• Neutral Sentiment: Industry/context piece: broader coverage on warehouse memberships vs. groceries highlights structural demand for club retailers — a thematic positive but not immediate company-specific news. Wholesale Wars: Warehouse Memberships
• Negative Sentiment: JPMorgan raised its price target from $90 to $94 but kept a “Neutral” rating — the $94 target implies modest downside vs. current levels, suggesting limited near-term upside from this large-bank view. JPMorgan PT Raise Coverage

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.