BJs Wholesale Club (BJ)

• Market cap: $14.8B
• 1 day: 1.80%
• 5 days: 4.00%
• 1 month: 12.69%
• 3 months: 21.22%
• 6 months: 37.14%
• Year to date: 27.53%
• 1 year: 47.05%
• 5 years: 356.49%
• 10 years: 411.27%
• Sector: Consumer Staples
• Industry: Variety Stores

About: BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its more than 240 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a "no-frills" store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of 7,000 stock-keeping units at its warehouses to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.

Employees: 33,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

102% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 50

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

25% more call options, than puts

Call options by funds: $150M | Put options by funds: $120M

14% more repeat investments, than reductions

Existing positions increased: 210 | Existing positions reduced: 185

8% more capital invested

Capital invested by funds: $11.3B [Q3] → $12.2B (+$953M) [Q4]

8% more funds holding

Funds holding: 513 [Q3] → 556 (+43) [Q4]

0.67% more ownership

Funds ownership: 102.71% [Q3] → 103.38% (+0.67%) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $109 3% downside
• Avg. target: $119 5% upside
• High target: $130 16% upside

10 analyst ratings

• positive: 5 50%
• neutral: 5 50%
• negative: 0 0%

Goldman Sachs Kate McShane 58% 1-year accuracy 18 / 31 met price target	8% upside $121	Buy Maintained	10 Mar 2025
Barclays Karen Short 50% 1-year accuracy 6 / 12 met price target	2% upside $115	Equal-Weight Maintained	10 Mar 2025
DA Davidson Michael Baker 38% 1-year accuracy 17 / 45 met price target	16% upside $130	Buy Maintained	7 Mar 2025
Loop Capital Laura Champine 50% 1-year accuracy 14 / 28 met price target	2% downside $110	Hold Maintained	7 Mar 2025
Morgan Stanley Simeon Gutman 53% 1-year accuracy 18 / 34 met price target	2% upside $115	Equal-Weight Maintained	7 Mar 2025