Mission Financial Group LLC Acquires New Position in Costco Wholesale Corporation $COST

Key Points

• Mission Financial Group acquired 1,344 Costco shares valued at approximately $1.26 million, making Costco 1.0% of its portfolio and its 21st-largest holding.
• Institutional investors own 68.48% of Costco, while the stock trades at a premium valuation with a price-to-earnings ratio of 46.55. Costco recently paid a quarterly dividend of $1.47, equivalent to a 0.6% annualized yield.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $1,059.53, although ratings range from “Sell” to “Buy.”

Mission Financial Group LLC bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,344 shares of the retailer's stock, valued at approximately $1,257,000. Costco Wholesale comprises 1.0% of Mission Financial Group LLC's portfolio, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COST. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Costco Wholesale during the 4th quarter worth $27,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale in the fourth quarter valued at $28,000. C M Bidwell & Associates Ltd. acquired a new position in Costco Wholesale in the second quarter valued at $28,000. Mcguire Capital Advisors Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at $28,000. Finally, Burk Holdings LLC purchased a new position in Costco Wholesale during the second quarter worth about $30,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $925.41 on Friday. The company has a market cap of $410.40 billion, a price-to-earnings ratio of 46.55, a price-to-earnings-growth ratio of 3.85 and a beta of 0.86. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The stock's 50-day moving average is $944.31 and its 200-day moving average is $978.18.

Costco Wholesale Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Roth Capital raised their price target on Costco Wholesale from $769.00 to $781.00 and gave the stock a "sell" rating in a research note on Friday, May 29th. The Goldman Sachs Group increased their price objective on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a "buy" rating in a report on Friday, May 29th. BTIG Research reiterated a "buy" rating and set a $1,125.00 price objective on shares of Costco Wholesale in a report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, July 9th. Finally, Sanford C. Bernstein boosted their target price on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an "outperform" rating in a report on Friday, May 29th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,059.53.

Costco Wholesale News Summary

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

• Positive Sentiment: Strong August and fiscal-year sales: Costco reported August net sales of $23.70 billion, up 9.9% year over year. Fourth-quarter sales rose 11.3% to $93.9 billion, while fiscal-year sales increased 10.2% to $297.3 billion. Total comparable sales grew 8.4% for August and the fiscal year, and digitally enabled sales rose 17.9% for the month and 20.9% for the year. Costco August Sales Results
• Positive Sentiment: Analysts remain constructive: BTIG reaffirmed its Buy rating with a $1,125 price target, while Bank of America maintained a Buy rating and a $1,200 target. These targets imply substantial upside and suggest analysts believe Costco’s membership model and sales momentum support its premium valuation. BTIG Costco Rating
• Neutral Sentiment: Mixed analyst signal: DA Davidson reaffirmed a Neutral rating but lifted its price target to $1,000, indicating limited conviction even while acknowledging potential appreciation.
• Neutral Sentiment: Long-term optimism: Commentary argues Costco could eventually surpass Home Depot and Lowe’s in market value if it sustains membership growth, warehouse expansion and consistent execution. This is a long-range thesis rather than a near-term catalyst. Costco Long-Term Valuation Forecast
• Negative Sentiment: DOJ beef-pricing investigation: The Justice Department is requesting records from Costco and other major retailers regarding beef prices, costs, margins and purchasing strategies. The inquiry creates potential legal, regulatory and operational risks, although no wrongdoing has been established. DOJ Beef Price Inquiry
• Negative Sentiment: Costco Next shutdown: The abrupt ending of the online Costco Next marketplace disappointed some members and raises questions about the company’s digital strategy, though the direct financial effect appears limited. Costco Next Shutdown

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of Costco Wholesale stock in a transaction that occurred 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 transaction, the director directly owned 4,779 shares of the company's stock, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company's stock.

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.

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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