Costco Wholesale Corporation $COST Stock Position Reduced by Resona Asset Management Co. Ltd.

Key Points

• Resona Asset Management reduced its Costco stake by 2.4% in the second quarter, selling 4,307 shares and retaining 172,759 shares valued at approximately $161.9 million. Institutional investors collectively own 68.48% of Costco.
• Costco reported quarterly revenue of $70.53 billion, exceeding estimates, though earnings per share of $4.93 narrowly missed expectations by one cent. The company also maintains a $1.47 quarterly dividend, equivalent to a 0.6% yield.
• Analysts hold a “Moderate Buy” consensus with an average price target of $1,059.53, but Costco’s elevated valuation—a P/E ratio near 48—could leave the stock vulnerable if sales growth moderates or margins weaken.

Resona Asset Management Co. Ltd. lessened its stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 172,759 shares of the retailer's stock after selling 4,307 shares during the quarter. Costco Wholesale accounts for about 0.8% of Resona Asset Management Co. Ltd.'s holdings, making the stock its 21st biggest position. Resona Asset Management Co. Ltd.'s holdings in Costco Wholesale were worth $161,949,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Costco Wholesale in the fourth quarter worth $27,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale during the fourth quarter worth $28,000. Mcguire Capital Advisors Inc. acquired a new stake in Costco Wholesale during the fourth quarter valued at $28,000. Entrust Financial LLC acquired a new stake in Costco Wholesale during the fourth quarter valued at $31,000. Finally, Joseph Group Capital Management acquired a new stake in Costco Wholesale during the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 68.48% of the company's stock.

Costco Wholesale Trading Down 0.0%

Shares of COST stock opened at $961.05 on Monday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a market cap of $426.21 billion, a PE ratio of 48.34, a price-to-earnings-growth ratio of 4.57 and a beta of 0.87. 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 business's 50 day moving average is $949.77 and its two-hundred day moving average is $981.32.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same quarter in the previous year, the firm posted $4.28 earnings per share. Equities analysts predict that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale's dividend payout ratio (DPR) is 29.58%.

More Costco Wholesale News

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

• Positive Sentiment: Market-share gains in Canada: Costco is now Canada’s second-largest grocery store chain, indicating continued customer adoption and potential for international growth. Costco Wholesale Is Now Canada’s Second Largest Grocery Store Chain
• Positive Sentiment: Resilient value proposition: Analysts continue to highlight Costco’s ability to attract and retain members through low prices, including inexpensive gasoline. This value positioning could support demand as consumers remain selective. Retail Stocks Poised for an Earnings Beat
• Positive Sentiment: Expansion remains a growth driver: Seven additional U.S. locations are planned for 2026, adding warehouse capacity and supporting membership and sales growth over time. Seven New Costco Locations Coming in 2026
• Neutral Sentiment: Tariff-refund uncertainty: Costco says it will return tariff-related refunds to customers, but the timing and mechanics remain unclear. The policy may reinforce customer goodwill, although refunds could create temporary administrative and cash-flow considerations. Costco Tariff Refunds
• Neutral Sentiment: Operational and competitive updates: Costco will close U.S. warehouses on September 7 for Labor Day, while rival BJ’s continues expanding. These developments are unlikely to materially change near-term earnings but highlight ongoing competitive dynamics. Costco Labor Day Closure
• Negative Sentiment: Valuation remains a concern: Despite a recent pullback, Costco’s roughly 48-times P/E ratio leaves limited room for execution misses. Moderating sales growth and potential margin pressure could keep investors cautious, particularly after the latest quarter narrowly missed EPS expectations. Is Costco Stock Worth Buying Now or Still Too Pricey to Touch?

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on COST shares. DA Davidson reaffirmed a "neutral" rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research report on Thursday, June 4th. Sanford C. Bernstein lifted their price target on Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an "outperform" rating in a report on Friday, May 29th. Roth Capital boosted their price target on Costco Wholesale from $769.00 to $781.00 and gave the company a "sell" rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $1,120.00 price objective on shares of Costco Wholesale in a report on Thursday, August 6th. Finally, UBS Group raised their price objective on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Twenty-two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,059.53.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director owned 4,779 shares of the company's stock, valued at $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

About Costco Wholesale

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.

Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST - Free Report).

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