Perryman Financial Advisory Inc. AD Acquires New Position in Costco Wholesale Corporation $COST

Key Points

• Perryman Financial Advisory disclosed a new fourth-quarter position in Costco, buying 10,785 shares valued at about $9.3 million. The stake represents roughly 1.4% of the firm’s holdings and ranks as its 17th largest position.
• Institutional interest in Costco remains high, with hedge funds and asset managers owning 68.48% of the company’s shares. Several other investors recently initiated or increased positions in the stock.
• Analysts remain generally positive on Costco, with a Moderate Buy consensus and an average price target of about $1,060.41. The company also recently raised its quarterly dividend to $1.47 per share, although its latest earnings slightly missed EPS estimates.

Perryman Financial Advisory Inc. AD acquired a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,785 shares of the retailer's stock, valued at approximately $9,300,000. Costco Wholesale accounts for about 1.4% of Perryman Financial Advisory Inc. AD's holdings, making the stock its 17th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of COST. Hurley Capital LLC increased its position in Costco Wholesale by 120.0% during the third quarter. Hurley Capital LLC now owns 33 shares of the retailer's stock worth $31,000 after purchasing an additional 18 shares during the last quarter. Entrust Financial LLC acquired a new position in Costco Wholesale during the fourth quarter worth approximately $31,000. Joseph Group Capital Management acquired a new position in Costco Wholesale during the fourth quarter worth approximately $33,000. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale during the third quarter worth approximately $34,000. Finally, Imprint Wealth LLC acquired a new position in Costco Wholesale during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 68.48% of the company's stock.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 earnings forecasts for Costco, signaling expectations for stronger profitability ahead.
• Positive Sentiment: Commentary in 24/7 Wall St. emphasized Costco’s membership-fee model as a resilient source of recurring revenue that can support long-term earnings growth.
• Positive Sentiment: Barchart coverage noted Costco as one of the retail names rewarding shareholders with a higher dividend, reinforcing the company’s capital-return appeal.
• Neutral Sentiment: Coverage that Costco offers shopping without a membership in limited cases is mainly informational and not likely to materially affect the stock.
• Neutral Sentiment: The Iowa court decision involving a former Costco manager appears to be a legal headline with limited direct impact on the company’s overall financial outlook.
• Negative Sentiment: Bloomberg reported rising plastic input costs may lead to higher prices for consumer goods later this year, which could add inflation pressure to Costco’s retail environment and potentially squeeze margins or demand.

Analysts Set New Price Targets

Several brokerages recently commented on COST. UBS Group upped their price target on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. DA Davidson reaffirmed a "neutral" rating and set a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, June 4th. JPMorgan Chase & Co. upped their price target on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an "overweight" rating in a research report on Friday, April 17th. Guggenheim reaffirmed a "neutral" rating on shares of Costco Wholesale in a research report on Monday, June 1st. Finally, Weiss Ratings raised shares of Costco Wholesale from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, June 4th. 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's stock. Based on data from MarketBeat, Costco Wholesale has an average rating of "Moderate Buy" and an average price target of $1,060.41.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $982.35 on Monday. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The firm has a fifty day moving average of $1,005.34 and a 200-day moving average of $967.31. The firm has a market capitalization of $435.65 billion, a P/E ratio of 49.41, a PEG ratio of 4.76 and a beta of 0.88. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same period in the previous year, the company earned $4.28 EPS. As a group, analysts predict that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale's previous quarterly dividend of $1.30. Costco Wholesale's dividend payout ratio (DPR) is 29.58%.

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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