BJs Wholesale Club (BJ)

• Market cap: $13.4B
• 1 day: -2.04%
• 5 days: -5.13%
• 1 month: 4.09%
• 3 months: 9.38%
• 6 months: 15.83%
• Year to date: 15.07%
• 1 year: 46.83%
• 5 years: 373.37%
• 10 years: 361.32%
• 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: 34,000

Fund manager confidence

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

96% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 49

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: 205 | Existing positions reduced: 182

8% more capital invested

Capital invested by funds: $11.3B [Q3] → $12.2B (+$937M) [Q4]

6% more funds holding

Funds holding: 511 [Q3] → 543 (+32) [Q4]

0.54% more ownership

Funds ownership: 102.71% [Q3] → 103.25% (+0.54%) [Q4]

Research analyst outlook

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

• Low target: $87 14% downside
• Avg. target: $104 2% upside
• High target: $115 13% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Wells Fargo Edward Kelly 65% 1-year accuracy 22 / 34 met price target	13% upside $115	Overweight Maintained	10 Feb 2025
Citigroup Paul Lejuez 61% 1-year accuracy 23 / 38 met price target	0% downside $101	Neutral Maintained	18 Dec 2024
TD Cowen Oliver Chen 47% 1-year accuracy 14 / 30 met price target	13% upside $115	Buy Maintained	12 Dec 2024
Roth MKM Bill Kirk 41% 1-year accuracy 7 / 17 met price target	14% downside $87	Neutral Maintained	25 Nov 2024
UBS Mark Carden 70% 1-year accuracy 7 / 10 met price target	6% upside $108	Buy Maintained	22 Nov 2024