Mmbg Investment Advisors CO. Buys 2,299 Shares of Costco Wholesale Corporation $COST

Key Points

• Mmbg Investment Advisors increased its Costco stake by 35.9% in the fourth quarter, buying 2,299 additional shares and bringing its total holding to 8,708 shares worth about $7.51 million.
• Costco reported better-than-expected quarterly earnings, with EPS of $4.58 and revenue of $69.60 billion, both topping analyst estimates and rising from the prior year.
• The company also raised its quarterly dividend to $1.47 per share from $1.30, while analysts currently rate the stock a consensus Moderate Buy with a target price of $1,052.60.

Mmbg Investment Advisors CO. boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 35.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,708 shares of the retailer's stock after buying an additional 2,299 shares during the period. Mmbg Investment Advisors CO.'s holdings in Costco Wholesale were worth $7,509,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in Costco Wholesale by 12.3% in the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer's stock worth $18,165,000 after buying an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Costco Wholesale by 13.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer's stock valued at $1,029,000 after purchasing an additional 130 shares during the period. Sivia Capital Partners LLC increased its position in Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer's stock valued at $3,814,000 after purchasing an additional 165 shares during the period. Pinnacle Wealth Planning Services Inc. increased its position in Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer's stock valued at $2,089,000 after purchasing an additional 23 shares during the period. Finally, Schnieders Capital Management LLC. grew its position in shares of Costco Wholesale by 2.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer's stock worth $8,416,000 after buying an additional 182 shares during the period. Hedge funds and other institutional investors own 68.48% of the company's stock.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $1,028.24 on Tuesday. The stock's fifty day moving average price is $1,008.37 and its 200-day moving average price is $960.97. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The firm has a market cap of $456.18 billion, a P/E ratio of 53.47, a P/E/G ratio of 5.06 and a beta of 0.92.

Costco Wholesale (NASDAQ:COST - Get Free Report) last posted its earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.55 by $0.03. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The company had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. During the same quarter in the previous year, the firm earned $4.02 earnings per share. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities research analysts expect that Costco Wholesale Corporation will post 20.33 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $1.47 dividend. This is a boost from Costco Wholesale's previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale's dividend payout ratio is 30.58%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the firm's stock in a transaction dated 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 owned 6,121 shares of the company's stock, valued at approximately $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on COST shares. Mizuho upped their target price on shares of 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. Roth Mkm reaffirmed a "sell" rating on shares of Costco Wholesale in a research report on Wednesday, February 4th. DA Davidson reissued a "neutral" rating and issued a $1,000.00 target price on shares of Costco Wholesale in a report on Friday, April 10th. Truist Financial increased their price objective on shares of Costco Wholesale from $926.00 to $977.00 and gave the company a "hold" rating in a report on Friday, March 6th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $1,192.00 target price on shares of Costco Wholesale in a research report on Tuesday, May 12th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Costco Wholesale has a consensus rating of "Moderate Buy" and a consensus target price of $1,052.60.

Costco Wholesale News Roundup

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

• Positive Sentiment: Analysts are highlighting Costco’s AI and digital investments as a driver of faster sales growth, especially through stronger e-commerce traffic and app personalization that could support long-term revenue gains.
• Positive Sentiment: Several articles frame Costco as a “recession-proof” dividend stock and a long-term hold, pointing to its membership model, steady cash generation, and history of dividend increases as reasons investors continue to favor the shares.
• Positive Sentiment: Pre-earnings coverage suggests Wall Street expects another solid quarter, and options traders are pricing in a meaningful move around the report, which often keeps the stock active ahead of results.
• Positive Sentiment: Commentary from Jim Cramer remains upbeat on Costco, reinforcing investor confidence in the retailer’s durable business model and consistent execution.
• Neutral Sentiment: Holiday-related coverage about Memorial Day store hours and shopping deals is mainly informational, but it keeps Costco in the consumer spotlight heading into a busy retail period.
• Neutral Sentiment: Lifestyle stories about Costco products and shopping behavior are not likely to move the stock materially, though they underscore the company’s strong brand engagement and customer interest.

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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