Costco Wholesale Corporation $COST Stock Holdings Increased by Carderock Capital Management Inc.

Key Points

• Carderock Capital increased its Costco stake by 11.4% in the second quarter, purchasing 1,105 additional shares. The fund now owns 10,821 shares valued at approximately $10.1 million, representing 2.2% of its portfolio.
• Institutional investors own 68.48% of Costco, although director Kenneth D. Denman sold 885 shares for about $847,000. Costco shares opened at $947.85, with a market capitalization of roughly $420.4 billion.
• Costco reported quarterly revenue of $70.53 billion and earnings of $4.93 per share, narrowly missing consensus EPS estimates. The company declared a quarterly dividend of $1.47, while analysts maintain a “Moderate Buy” consensus and an average price target of $1,059.07.

Carderock Capital Management Inc. boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 11.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,821 shares of the retailer's stock after purchasing an additional 1,105 shares during the period. Costco Wholesale makes up approximately 2.2% of Carderock Capital Management Inc.'s holdings, making the stock its 17th biggest position. Carderock Capital Management Inc.'s holdings in Costco Wholesale were worth $10,123,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer's stock worth $18,165,000 after purchasing an additional 2,172 shares during the period. Revolve Wealth Partners LLC raised its holdings in Costco Wholesale by 13.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer's stock worth $1,029,000 after buying an additional 130 shares during the period. Sivia Capital Partners LLC raised its holdings in Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer's stock worth $3,814,000 after buying an additional 165 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its stake in Costco Wholesale by 1.1% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer's stock valued at $2,089,000 after buying an additional 23 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in Costco Wholesale by 2.2% during the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer's stock valued at $8,416,000 after buying an additional 182 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the sale, the director owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.10% of the company's stock.

Costco Wholesale Trading Down 0.7%

Shares of NASDAQ COST opened at $947.85 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The business has a 50-day moving average price of $952.84 and a two-hundred day moving average price of $982.44. The firm has a market capitalization of $420.35 billion, a PE ratio of 47.68, a PEG ratio of 4.61 and a beta of 0.87.

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 $4.94 by ($0.01). The business had revenue of $70.53 billion during the quarter, compared to analyst estimates 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 in the prior year, the company earned $4.28 EPS. As a group, analysts predict that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, July 24th. Costco Wholesale's dividend payout ratio is currently 29.58%.

Analyst Ratings Changes

COST has been the topic of several analyst reports. Weiss Ratings downgraded shares of Costco Wholesale from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, June 23rd. Wells Fargo & Company upped their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an "equal weight" rating in a research report on Thursday, April 9th. Citigroup began coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They issued a "neutral" rating and a $1,020.00 price objective for the company. Royal Bank Of Canada initiated coverage on shares of Costco Wholesale in a research report on Monday, July 13th. They set a "sector perform" rating and a $1,000.00 price objective on the stock. Finally, Guggenheim reissued a "neutral" rating on shares of Costco Wholesale in a research note on Monday, June 1st. Twenty-two 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 currently has an average rating of "Moderate Buy" and a consensus target price of $1,059.07.

More Costco Wholesale News

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

• Positive Sentiment: Costco is expanding its store footprint with construction underway for a new location near Kuna and Meridian, Idaho. The opening could support future sales, membership growth and regional convenience. Costco construction underway near Kuna border
• Positive Sentiment: The company’s low gasoline prices are designed to attract shoppers and increase warehouse visits. Although fuel itself generates limited profit, the strategy can indirectly lift merchandise sales, memberships and overall customer retention. Costco keeps its gas super cheap for a very specific reason
• Positive Sentiment: Analysts highlighted a 92.2% U.S.-Canada renewal rate, growth in Executive memberships and improving digital retention. These trends reinforce Costco’s recurring-revenue model and suggest customer loyalty remains strong despite changes in membership mix. Costco's Renewal Trends Point to Lasting Customer Loyalty
• Positive Sentiment: Reported changes aimed at resolving members’ biggest pain points could help Costco protect membership sales and retention, which are central to its profitability. Costco's changes fix members' biggest problems
• Neutral Sentiment: Positive attention around a frozen food item highlights Costco’s ability to generate value-oriented consumer engagement, but the product buzz is unlikely to materially affect near-term earnings. One of Costco's best frozen items
• Negative Sentiment: Costco reportedly agreed to a $14 million settlement involving allegedly misleading “fake urgency” emails. The financial impact appears manageable for a company of Costco’s size, but the matter creates legal, compliance and reputational concerns. Costco's $14M settlement over fake urgency emails

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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