BJs Wholesale Club (BJ)

• Market cap: $12.7B
• 1 day: 0.66%
• 5 days: -8.64%
• 1 month: -7.62%
• 3 months: -16.53%
• 6 months: -4.36%
• Year to date: 8.79%
• 1 year: 14.16%
• 5 years: 103.72%
• 10 years: 336.14%
• Sector: Consumer Staples
• Industry: Discount Stores

About: BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its 250 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% stemming from gasoline and other ancillary services.

Employees: 33,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

36% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 64

10% more repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 222

1% more funds holding

Funds holding: 623 [Q1] → 632 (+9) [Q2]

0.05% less ownership

Funds ownership: 102.87% [Q1] → 102.82% (-0.05%) [Q2]

6% less capital invested

Capital invested by funds: $15.6B [Q1] → $14.6B (-$995M) [Q2]

16% less call options, than puts

Call options by funds: $124M | Put options by funds: $147M

22% less funds holding in top 10

Funds holding in top 10: 9 [Q1] → 7 (-2) [Q2]

Research analyst outlook

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

• Low target: $106 10% upside
• Avg. target: $115 20% upside
• High target: $125 30% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

Evercore ISI Group Greg Melich	15% upside $110	In-Line Maintained	25 Aug 2025
Citigroup Paul Lejuez	20% upside $115	Buy Maintained	25 Aug 2025
JP Morgan Christopher Horvers	15% upside $110	Neutral Maintained	25 Aug 2025
Morgan Stanley Simeon Gutman	20% upside $115	Equal-Weight Maintained	25 Aug 2025
DA Davidson Michael Baker	28% upside $123	Buy Maintained	25 Aug 2025