Bridgeway Capital Management LLC Grows Stake in Costco Wholesale Corporation $COST

Key Points

• Bridgeway Capital Management increased its Costco stake by 13.1% in the fourth quarter, adding 3,552 shares to bring its total to 30,664 shares worth about $26.4 million.
• Other institutional investors also made moves in Costco, and 68.48% of the stock is held by hedge funds and other institutions, showing strong professional ownership interest.
• Analysts remain generally positive on Costco, with an average “Moderate Buy” rating and a consensus price target of $1,060.41, while the stock recently traded at $965.59 after a slight earnings miss but solid revenue beat.

Bridgeway Capital Management LLC grew its stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 13.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,664 shares of the retailer's stock after acquiring an additional 3,552 shares during the quarter. Costco Wholesale comprises about 0.6% of Bridgeway Capital Management LLC's portfolio, making the stock its 19th biggest position. Bridgeway Capital Management LLC's holdings in Costco Wholesale were worth $26,443,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in COST. Hurley Capital LLC increased its stake 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. Entrust Financial LLC acquired a new stake in Costco Wholesale during the 4th quarter worth about $31,000. Joseph Group Capital Management acquired a new stake in Costco Wholesale during the 4th quarter worth about $33,000. Imprint Wealth LLC acquired a new stake in Costco Wholesale during the 3rd quarter worth about $36,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Costco Wholesale during the 3rd quarter worth about $40,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on COST shares. Mizuho set a $1,100.00 price target on Costco Wholesale in a research report on Monday, June 1st. Weiss Ratings raised Costco Wholesale from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, June 4th. DA Davidson reaffirmed a "neutral" rating and set a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, June 4th. Telsey Advisory Group lifted their price target on Costco Wholesale from $1,125.00 to $1,135.00 and gave the stock an "outperform" rating in a research report on Thursday, April 9th. Finally, Daiwa Securities Group lifted their price target on Costco Wholesale from $917.00 to $975.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 10th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Costco Wholesale currently has an average rating of "Moderate Buy" and an average price target of $1,060.41.

Costco Wholesale Price Performance

NASDAQ:COST opened at $965.59 on Thursday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The stock has a 50 day moving average of $1,003.00 and a two-hundred day moving average of $968.87. 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 market cap of $428.22 billion, a P/E ratio of 48.57, a price-to-earnings-growth ratio of 4.78 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.94 by ($0.01). The company had revenue of $70.53 billion during the quarter, compared to analysts' expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter last year, the company earned $4.28 earnings per share. On average, analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a $1.47 dividend. The ex-dividend date was Friday, May 1st. This is an increase from Costco Wholesale's previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale's payout ratio is 29.58%.

Costco Wholesale News Summary

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

• Positive Sentiment: Analysts and market commentary pointed to Costco’s rising traffic, strong comparable sales, and gas-related member engagement as evidence that its value proposition continues to drive repeat visits and support growth. Article Title
• Positive Sentiment: Costco was included in a list of earnings-acceleration stocks, with commentary noting rising EPS growth trends that can precede stronger share performance. Article Title
• Positive Sentiment: A separate article argued that Costco remains a durable long-term “buy and hold” business because of its loyal customer base and membership-driven model. Article Title
• Neutral Sentiment: Several lifestyle pieces mentioned Costco shopping habits and product preferences, but these articles are not likely to materially affect the stock. Article Title
• Neutral Sentiment: Commentary comparing Costco with Walmart and asking whether the stock can break $1,100 by 2027 mainly reflects valuation debate rather than a clear near-term catalyst. Article Title
• Negative Sentiment: One market note said Costco fell alongside other retail stocks even as lower gas prices and a broader oil-related relief theme were discussed, suggesting some short-term weakness may be driven by sector rotation rather than fundamentals. Article Title

Costco Wholesale Company 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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