Louisiana State Employees Retirement System Makes New $330,000 Investment in BJ’s Restaurants, Inc. $BJRI

Posted by George Bondi on Jul 10th, 2026

Louisiana State Employees Retirement System bought a new stake in shares of BJ’s Restaurants, Inc. (NASDAQ:BJRI – Free Report) during the 1st quarter, HoldingsChannel.com reports. The firm bought 9,400 shares of the restaurant operator’s stock, valued at approximately $330,000.

A number of other hedge funds also recently modified their holdings of the business. CWM LLC grew its holdings in shares of BJ’s Restaurants by 187.7% during the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 456 shares in the last quarter. GAMMA Investing LLC lifted its stake in BJ’s Restaurants by 39.3% in the 4th quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 265 shares in the last quarter. Quarry LP lifted its stake in BJ’s Restaurants by 1,618.3% in the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 971 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in BJ’s Restaurants during the 4th quarter worth about $63,000. Finally, BNP Paribas Financial Markets boosted its position in BJ’s Restaurants by 77.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,317 shares of the restaurant operator’s stock worth $103,000 after acquiring an additional 1,012 shares during the period. Hedge funds and other institutional investors own 99.95% of the company’s stock.

BJ’s Restaurants Stock Performance

BJRI opened at $60.23 on Friday. The company has a market cap of $1.27 billion, a PE ratio of 30.42, a price-to-earnings-growth ratio of 1.92 and a beta of 1.31. The stock has a 50-day moving average of $48.76 and a 200-day moving average of $42.81. BJ’s Restaurants, Inc. has a 52-week low of $28.46 and a 52-week high of $62.07. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.25 and a current ratio of 0.31.

BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The restaurant operator reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.04). BJ’s Restaurants had a net margin of 3.15% and a return on equity of 13.48%. The company had revenue of $358.12 million for the quarter, compared to analyst estimates of $356.97 million. During the same period in the prior year, the company posted $0.59 EPS. The business’s revenue was up 2.9% on a year-over-year basis. As a group, equities research analysts forecast that BJ’s Restaurants, Inc. will post 2.21 earnings per share for the current fiscal year.

Insider Activity at BJ’s Restaurants

In other BJ’s Restaurants news, CMO Heidi Rogers sold 3,090 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $53.21, for a total transaction of $164,418.90. Following the transaction, the chief marketing officer owned 9,265 shares in the company, valued at $492,990.65. This trade represents a 25.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kendra D. Miller sold 19,261 shares of BJ’s Restaurants stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.60, for a total transaction of $1,070,911.60. Following the completion of the transaction, the executive vice president directly owned 28,599 shares in the company, valued at approximately $1,590,104.40. This represents a 40.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 63,817 shares of company stock valued at $3,384,688. 4.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

BJRI has been the topic of a number of research reports. Weiss Ratings downgraded BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Mizuho decreased their price target on shares of BJ’s Restaurants from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Barclays lowered their price objective on shares of BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 6th. Piper Sandler upped their price objective on shares of BJ’s Restaurants from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Benchmark increased their target price on shares of BJ’s Restaurants from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $42.00.

Read Our Latest Analysis on BJRI

BJ’s Restaurants Profile

(Free Report)

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.