BJs Wholesale Club
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 9 (+6) [Q1 2025]
118% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 57
37% more call options, than puts
Call options by funds: $178M | Put options by funds: $130M
27% more capital invested
Capital invested by funds: $12.2B [Q4 2024] → $15.6B (+$3.35B) [Q1 2025]
11% more funds holding
Funds holding: 560 [Q4 2024] → 619 (+59) [Q1 2025]
0.77% less ownership
Funds ownership: 103.37% [Q4 2024] → 102.6% (-0.77%) [Q1 2025]
6% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 224
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Roth Capital Bill Kirk | 4%downside $106 | Neutral Reiterated | 28 May 2025 |
UBS Mark Carden | 22%upside $135 | Buy Maintained | 23 May 2025 |
DA Davidson Michael Baker | 27%upside $140 | Buy Maintained | 23 May 2025 |
Baird Peter Benedict | 18%upside $130 | Outperform Maintained | 23 May 2025 |
Wells Fargo Edward Kelly | 15%upside $127 | Overweight Maintained | 23 May 2025 |
Financial journalist opinion
Based on 24 articles about BJ published over the past 30 days
