BJs Wholesale Club
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: 34,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
98% more first-time investments, than exits
New positions opened: 99 | 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
13% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 185
8% more capital invested
Capital invested by funds: $11.3B [Q3] → $12.2B (+$951M) [Q4]
8% more funds holding
Funds holding: 513 [Q3] → 554 (+41) [Q4]
0.66% more ownership
Funds ownership: 102.71% [Q3] → 103.37% (+0.66%) [Q4]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Goldman Sachs Kate McShane 62% 1-year accuracy 21 / 34 met price target | 5%upside $121 | Buy Maintained | 10 Mar 2025 |
Barclays Karen Short 50% 1-year accuracy 6 / 12 met price target | 0%downside $115 | Equal-Weight Maintained | 10 Mar 2025 |
DA Davidson Michael Baker 38% 1-year accuracy 16 / 42 met price target | 13%upside $130 | Buy Maintained | 7 Mar 2025 |
Loop Capital Laura Champine 57% 1-year accuracy 16 / 28 met price target | 5%downside $110 | Hold Maintained | 7 Mar 2025 |
Morgan Stanley Simeon Gutman 54% 1-year accuracy 19 / 35 met price target | 0%downside $115 | Equal-Weight Maintained | 7 Mar 2025 |
Financial journalist opinion
Based on 33 articles about BJ published over the past 30 days
