10,000 Shares in Costco Wholesale Corporation $COST Acquired by Pure Financial Advisors LLC

Key Points

• Pure Financial Advisors acquired 10,000 Costco shares in the second quarter, valued at approximately $9.36 million. Institutional investors and hedge funds collectively own 68.48% of Costco’s stock.
• Costco’s stock opened at $915.74, below its 50-day and 200-day moving averages, while the company paid a quarterly dividend of $1.47 per share, representing a 0.6% yield.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,056.90, though Costco’s elevated valuation and mixed individual ratings suggest potential upside concerns.

Pure Financial Advisors LLC purchased a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,000 shares of the retailer's stock, valued at approximately $9,355,000.

A number of other hedge funds also recently made changes to their positions in COST. C M Bidwell & Associates Ltd. acquired a new position in Costco Wholesale in the second quarter valued at $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Costco Wholesale in the 4th quarter worth about $27,000. Burk Holdings LLC acquired a new position in shares of Costco Wholesale in the 2nd quarter valued at about $30,000. Manning & Napier Advisors LLC purchased a new stake in shares of Costco Wholesale during the 2nd quarter worth about $30,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Costco Wholesale during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 68.48% of the company's stock.

Insider Buying and Selling

In related news, Director Kenneth Denman sold 885 shares of the business's stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares of the company's stock, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.10% of the company's stock.

Costco Wholesale Price Performance

COST stock opened at $915.74 on Monday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The firm has a 50 day simple moving average of $943.58 and a 200-day simple moving average of $977.46. The company has a market capitalization of $406.11 billion, a P/E ratio of 46.06, a PEG ratio of 3.80 and a beta of 0.86. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50.

Costco Wholesale Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale's dividend payout ratio (DPR) is presently 29.58%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on COST. Guggenheim reiterated a "neutral" rating on shares of Costco Wholesale in a research note on Monday, June 1st. DA Davidson reiterated a "neutral" rating and issued a $1,000.00 price target on shares of Costco Wholesale in a report on Thursday. TD Cowen restated a "buy" rating and set a $1,175.00 price objective on shares of Costco Wholesale in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. lowered their target price on Costco Wholesale from $1,110.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, July 9th. Finally, Sanford C. Bernstein set a $1,144.00 price target on Costco Wholesale in a research report on Friday. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,056.90.

More Costco Wholesale News

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Strong August sales: Net sales increased 9.9% year over year, with comparable sales rising across regions and digitally enabled sales advancing 17.9%. The figures point to resilient member demand and continued e-commerce momentum. Costco's August Sales Rise 9.9% as Digital Growth Stays Strong
• Positive Sentiment: Analyst support remains broad: BTIG reiterated a Buy rating with a $1,125 target, while Bank of America maintained its Buy rating and $1,200 target. Analysts cited resilient core performance, market-share gains, and higher earnings estimates. BTIG Reaffirms Buy on Costco
• Positive Sentiment: Long-term shareholder appeal: Commentary highlighted Costco’s consistent dividend growth since 2004, membership model, customer loyalty, and potential for continued earnings expansion.
• Neutral Sentiment: Store expansion: Costco is reportedly considering a new location in Thompson’s Station, Tennessee, supporting its long-term warehouse growth strategy, although the potential site has no immediate earnings impact.
• Neutral Sentiment: Mixed analyst valuation signals: DA Davidson reaffirmed a Neutral rating with a $1,000 target, while Bernstein retained a Buy rating but lowered its target to $1,144, indicating less room for upside despite confidence in the business.
• Negative Sentiment: Valuation concerns: Jim Cramer and other commentators argued that COST trades at roughly 43–49 times earnings, leaving the stock vulnerable if growth slows or results merely meet expectations. Cramer Says Costco at 49 Times Earnings Is the Mistake Loyal Shoppers Keep Making
• Negative Sentiment: Regulatory risk: The Department of Justice expanded a beef-pricing antitrust inquiry to Costco, seeking information on prices, costs, margins, purchasing, and supply-chain practices. Potential compliance costs or scrutiny could pressure sentiment. US DOJ Widens Beef Price Inquiry
• Negative Sentiment: Costco Next shutdown: The company’s online marketplace reportedly went offline without notice, raising questions about its digital strategy, although the platform is not viewed as central to Costco’s core business. Costco Next Online Marketplace Shut Down

About Costco Wholesale

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company's product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco's business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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