Cambient Family Office LLC Invests $5.65 Million in Costco Wholesale Corporation $COST

Key Points

• Cambient Family Office LLC disclosed a new position in Costco, buying 6,556 shares worth about $5.65 million in the fourth quarter. The stake represents 0.8% of its portfolio and ranks as its 28th-largest holding.
• Costco continues to attract broad institutional interest, with 68.48% of shares owned by hedge funds and other institutional investors. Several smaller firms also recently initiated or increased positions in the stock.
• Wall Street remains generally positive but divided on valuation: analysts have a Moderate Buy consensus with an average price target of about $1,061.45, while recent commentary highlights concerns that Costco shares may be expensive after trading down to around $951.45.

Cambient Family Office LLC bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,556 shares of the retailer's stock, valued at approximately $5,653,000. Costco Wholesale comprises 0.8% of Cambient Family Office LLC's portfolio, making the stock its 28th biggest position.

Several other institutional investors also recently bought and sold shares of the stock. Mcguire Capital Advisors Inc. bought a new stake in shares of Costco Wholesale in the fourth quarter worth about $28,000. Hurley Capital LLC lifted its position in shares of Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer's stock worth $31,000 after buying an additional 18 shares in the last quarter. Entrust Financial LLC bought a new position in Costco Wholesale during the fourth quarter valued at approximately $31,000. Joseph Group Capital Management bought a new position in Costco Wholesale during the fourth quarter valued at approximately $33,000. Finally, Imprint Wealth LLC purchased a new position in Costco Wholesale during the 3rd quarter valued at approximately $36,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco continues to show strong underlying demand, with May sales growth, high membership renewal rates, and faster-growing digital/e-commerce channels supporting the long-term growth story. How Investors May Respond To Costco (COST) Digital Momentum Amid Valuation Jitters And Macro Uncertainty
• Positive Sentiment: Costco lowered prices on some Kirkland Signature items, reinforcing its value proposition for inflation-conscious shoppers and potentially helping traffic and member loyalty. Why Weakness in Dividend-Paying Costco Stock Is a Strong Buying Opportunity
• Positive Sentiment: A new Costco gas station was approved in a Bay Area city, adding another potential traffic driver and incremental fuel-related sales opportunity. This Bay Area city approves new Costco gas station
• Neutral Sentiment: Citigroup initiated coverage with a neutral rating and a $1,020 price target, which is above the recent trading level but does not signal a strong near-term catalyst. Benzinga coverage of Citigroup initiation
• Negative Sentiment: Analyst commentary is divided, with one report noting that Costco shares fell after Citi and Bernstein issued conflicting views, adding to uncertainty around the stock’s premium valuation. Costco Stock (COST) Drops as Analysts Can’t Agree on the Big-Box Retailer
• Negative Sentiment: Several recent articles focus on whether Costco’s stock is too expensive near the $1,000 level, reflecting valuation jitters that can pressure shares when growth expectations are already high. Costco at $1,000: A Timeless Business, Is the Stock Still a Buy or a Bubble?

Wall Street Analyst Weigh In

A number of research firms have issued reports on COST. Truist Financial lifted their price objective on Costco Wholesale from $977.00 to $1,011.00 and gave the stock a "hold" rating in a research note on Friday, May 29th. Guggenheim reiterated a "neutral" rating on shares of Costco Wholesale in a research report on Monday, June 1st. Oppenheimer raised their target price on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an "outperform" rating in a report on Tuesday, May 19th. TD Cowen restated a "buy" rating and issued a $1,175.00 price target on shares of Costco Wholesale in a research report on Wednesday, June 3rd. Finally, BTIG Research reaffirmed a "buy" rating and set a $1,125.00 price target on shares of Costco Wholesale in a research note on Friday, May 29th. Twenty-two 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,061.45.

Costco Wholesale Trading Down 1.5%

COST stock opened at $951.45 on Friday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The stock has a market capitalization of $421.95 billion, a price-to-earnings ratio of 47.86, a price-to-earnings-growth ratio of 4.68 and a beta of 0.88. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The firm's fifty day simple moving average is $1,001.77 and its two-hundred day simple moving average is $969.14.

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

Costco Wholesale Increases Dividend

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

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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