Moody’s shifted BJ’s Wholesale Club’s outlook from stable to positive and affirmed its Ba1 rating, citing low leverage and ample undrawn credit-facility liquidity; it pointed to a possible move into investment grade. BJ shares rose 2.12%.
Insider Monkey’s investment case points to BJ’s revenue growth of about 16% in its latest quarter and shares trading near 20 times earnings, compared with about 45 times for Costco. The article also flags BJ’s smaller scale, eastern U.S. concentration and net margin of about 2.6% as constraints against larger rivals.
Insider Monkey’s database showed 40 hedge funds held BJ at the end of Q2 2026, with stakes worth about $0.9 billion. That was up from 35 funds and about $0.5 billion in the previous quarter.
