Consolidated Capital Management LLC Has $6.68 Million Stock Position in Costco Wholesale Corporation $COST

Key Points

• Consolidated Capital Management cut its Costco stake by 17% in the fourth quarter, selling 1,584 shares and leaving it with 7,750 shares worth about $6.68 million.
• Costco shares were down 3.9% in Friday trading, and the stock remains expensive by traditional measures with a P/E ratio of 49.73 and a market cap of about $424 billion.
• Costco recently posted mixed quarterly results: revenue topped expectations at $70.53 billion, but EPS of $4.93 narrowly missed estimates. The company also raised its quarterly dividend to $1.47 per share.

Consolidated Capital Management LLC reduced its stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 17.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,750 shares of the retailer's stock after selling 1,584 shares during the quarter. Costco Wholesale accounts for 2.0% of Consolidated Capital Management LLC's holdings, making the stock its 19th biggest holding. Consolidated Capital Management LLC's holdings in Costco Wholesale were worth $6,683,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. FORA Capital LLC acquired a new stake in shares of Costco Wholesale during the third quarter valued at about $2,781,000. World Investment Advisors boosted its stake in shares of Costco Wholesale by 8.4% during the fourth quarter. World Investment Advisors now owns 20,081 shares of the retailer's stock valued at $15,835,000 after purchasing an additional 1,560 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Costco Wholesale by 24.5% during the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer's stock valued at $121,098,000 after purchasing an additional 27,625 shares in the last quarter. Curtis Advisory Group LLC boosted its stake in shares of Costco Wholesale by 56.7% during the fourth quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer's stock valued at $3,911,000 after purchasing an additional 1,641 shares in the last quarter. Finally, Mariner LLC boosted its stake in shares of Costco Wholesale by 1.5% during the third quarter. Mariner LLC now owns 399,894 shares of the retailer's stock valued at $370,140,000 after purchasing an additional 5,937 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Costco Wholesale Trading Down 3.9%

Shares of COST stock opened at $956.32 on Friday. The company has a market cap of $424.27 billion, a P/E ratio of 49.73, a PEG ratio of 4.71 and a beta of 0.92. The stock has a 50 day simple moving average of $1,007.80 and a two-hundred day simple moving average of $962.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts' consensus estimates of $4.95 by ($0.02). The business had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.13 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.During the same quarter in the previous year, the firm posted $4.28 earnings per share. Research analysts forecast that Costco Wholesale Corporation will post 20.36 earnings per share for the current year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued 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 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale's dividend payout ratio is presently 30.58%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the sale, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.10% of the company's stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco posted strong third-quarter results, with revenue of $70.53 billion topping estimates and same-store sales rising 9.8%, showing that members are still spending on essentials and value-focused purchases.
• Positive Sentiment: Gasoline sales were a standout, with Costco’s gas stations setting all-time or record volume levels as drivers sought lower-priced fuel amid elevated energy costs. Article Title
• Positive Sentiment: Digital growth and membership strength continued to support results, helping offset margin pressure and reinforcing Costco’s value-driven model.
• Positive Sentiment: Several Wall Street firms raised price targets or reiterated bullish ratings, including Bank of America, Goldman Sachs, Bernstein, BTIG, and Morgan Stanley, signaling confidence in Costco’s long-term fundamentals.
• Neutral Sentiment: DA Davidson reaffirmed a neutral rating with a $1,000 target, suggesting modest upside but not a strong catalyst for a re-rating.
• Neutral Sentiment: Costco said it will return U.S. tariff refunds to members “in some form,” which may help customer loyalty but does not yet provide a clear financial boost.
• Negative Sentiment: EPS of $4.93 missed consensus by a small margin, and investors appear focused on the earnings shortfall more than the sales beat.
• Negative Sentiment: Margin pressure from higher costs and a premium valuation have prompted some traders to sell after the report, limiting enthusiasm despite the strong top-line performance.

Analyst Ratings Changes

A number of brokerages have recently commented on COST. Gordon Haskett lifted their price target on Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. The Goldman Sachs Group lifted their price target on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a "buy" rating in a research note on Friday. Evercore set a $1,100.00 price objective on Costco Wholesale in a research report on Monday, March 2nd. Mizuho raised their price objective on Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an "outperform" rating in a research report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Twenty-one 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. According to MarketBeat, Costco Wholesale currently has an average rating of "Moderate Buy" and an average target price of $1,056.32.

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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