Annex Advisory Services LLC Has $34.07 Million Holdings in Costco Wholesale Corporation $COST

Key Points

• Annex Advisory Services LLC increased its position in Costco by 2.9% to 39,512 shares valued at $34.07 million in the latest quarter, and institutional investors now own about 68.48% of the stock.
• Wall Street sentiment is broadly positive with a consensus rating of "Moderate Buy" (22 Buys, 11 Holds, 1 Sell) and a consensus price target of $1,043.13.
• Costco posted a quarterly EPS of $4.58 (beating estimates) and revenue of $69.6 billion (up 9.2% year-over-year), while March comps, international growth and fuel sales showed strength, though valuation (PE ~50.7) is cited as a potential headwind.

Annex Advisory Services LLC raised its position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,512 shares of the retailer's stock after buying an additional 1,117 shares during the period. Annex Advisory Services LLC's holdings in Costco Wholesale were worth $34,073,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hurley Capital LLC increased its holdings in Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer's stock valued at $31,000 after purchasing an additional 18 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale during the 3rd quarter worth about $34,000. Collier Financial bought a new stake in Costco Wholesale during the 3rd quarter worth about $35,000. AXS Investments LLC bought a new stake in Costco Wholesale during the 3rd quarter worth about $36,000. Finally, Imprint Wealth LLC acquired a new stake in Costco Wholesale in the 3rd quarter valued at about $36,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

COST has been the topic of a number of research reports. Mizuho upped their target price on shares of Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 3rd. Bank of America assumed coverage on shares of Costco Wholesale in a report on Friday, February 27th. They issued a "buy" rating and a $1,185.00 price target for the company. TD Cowen reaffirmed a "buy" rating on shares of Costco Wholesale in a report on Friday, March 6th. Evercore set a $1,100.00 price objective on Costco Wholesale in a report on Monday, March 2nd. Finally, Rothschild & Co Redburn increased their price objective on Costco Wholesale from $890.00 to $1,000.00 and gave the company a "neutral" rating in a research report on Tuesday, February 17th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Costco Wholesale presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,043.13.

Key Costco Wholesale News

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

• Positive Sentiment: March sales and comps were robust, with reports of a mid-single-digit to high-single-digit comps jump and strong digital growth, supporting the case for continued top-line strength and membership-driven resilience. Is Costco Stock a Buy Now After Strong March Retail Sales?
• Positive Sentiment: International sales are outpacing U.S. growth in March, signaling that overseas markets are becoming a larger part of Costco’s growth mix—a constructive diversification of revenue drivers. Costco's International Sales Surge Signals Shift in Growth Mix
• Positive Sentiment: Higher fuel prices are already boosting Costco’s fuel sales and foot traffic, which can lift comps and average ticket—even as consumers remain price-aware. Higher Gas Prices Are Already Having a Positive Impact on Costco's Sales
• Positive Sentiment: Costco is pursuing U.K. expansion (Aylesford/Kent), launching a public consultation and creating jobs—local openings can boost international footprint and long-term member growth. Aylesford earmarked for Kent’s first Costco as wholesaler launches public consultation
• Positive Sentiment: Brokerage coverage remains generally favorable (consensus “Moderate Buy”), keeping analyst support intact despite mixed near-term views. Costco Wholesale Corporation NASDAQ: COST Given Consensus Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: New product/food-court items and popular low-priced apparel/gadget features keep customer engagement high but are unlikely to move the stock materially on their own. Costco Introduces New Caramel and Churro Soft Serve Sundae Dessert to Food Court
• Negative Sentiment: Valuation is a headwind—commentary highlights a premium P/E and a PEG that could limit upside; some analysts caution that the high multiple and recent pullback make further gains dependent on continued execution. Is Costco Stock a Buy Now After Strong March Retail Sales?
• Negative Sentiment: Technical/near-term pressure: the stock has pulled back from recent highs and sits below its 50-day moving average, which can prompt short-term selling by momentum-focused traders. Costco Wholesale Trading Down 0.6%

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $974.80 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,067.08. The company has a market cap of $432.47 billion, a PE ratio of 50.69, a PEG ratio of 4.83 and a beta of 0.99. The company's 50-day moving average is $995.68 and its two-hundred day moving average is $943.54.

Costco Wholesale (NASDAQ:COST - Get Free Report) last released its earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The company had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. During the same period in the prior year, the company posted $4.02 EPS. The company's revenue was up 9.2% compared to the same quarter last year. Equities analysts anticipate that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were given a dividend of $1.30 per share. The ex-dividend date was Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale's dividend payout ratio is presently 27.04%.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the transaction, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa A. Jones sold 850 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the sale, the executive vice president owned 4,228 shares in the company, valued at $4,169,907.28. This represents a 16.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,038 shares of company stock worth $2,007,916. Company insiders own 0.10% of the company's stock.

Costco Wholesale Profile

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.

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