PKO Investment Management Joint Stock Co Lowers Holdings in Costco Wholesale Corporation $COST

Key Points

• PKO Investment Management cut its Costco stake by 36.9% in the first quarter, selling 7,011 shares and ending with 12,000 shares worth about $11.96 million.
• Wall Street remains broadly constructive on Costco, with multiple analysts raising price targets and the stock carrying a Moderate Buy consensus rating.
• Costco recently reported Q1 EPS of $4.93, slightly below estimates, but revenue of $70.53 billion topped expectations; the company also increased its quarterly dividend to $1.47 per share.

PKO Investment Management Joint Stock Co decreased its position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 36.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,000 shares of the retailer's stock after selling 7,011 shares during the quarter. Costco Wholesale makes up 1.0% of PKO Investment Management Joint Stock Co's holdings, making the stock its 23rd largest holding. PKO Investment Management Joint Stock Co's holdings in Costco Wholesale were worth $11,957,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Costco Wholesale in the fourth quarter worth about $27,000. Mcguire Capital Advisors Inc. purchased a new position in Costco Wholesale during the 4th quarter valued at about $28,000. Hurley Capital LLC raised its holdings in shares of Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer's stock valued at $31,000 after purchasing an additional 18 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in shares of Costco Wholesale in the 4th quarter valued at about $28,000. Finally, Entrust Financial LLC bought a new stake in shares of Costco Wholesale in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 68.48% of the company's stock.

Key Costco Wholesale News

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

• Positive Sentiment: Analysts and financial coverage say Costco’s membership model looks stronger, citing high renewal rates, executive upgrades, and solid membership-fee growth that could support future earnings. Is Costco Wholesale's Membership Model Getting Even Stronger?
• Positive Sentiment: New store approvals and openings in Macon and Pensacola reinforce Costco’s continued warehouse expansion, which can drive long-term membership growth and sales. Coming Soon: New Costco approved for Macon Here's when you can step inside Pensacola's first Costco
• Positive Sentiment: Coverage of Costco adding frozen Greek yogurt cups and other popular items highlights the retailer’s ability to keep members engaged with new, value-oriented products. Costco adds frozen Greek yogurt cups from brand customers call 'top tier'
• Positive Sentiment: Several consumer-facing stories about savings, electronics, and discounted gift cards underline Costco’s appeal as a value destination, which supports traffic and retention. 10 Of The Coolest New Costco Electronics Of 2026 (So Far) Discover 5 Costco perks that can save retirees over $500 annually Costco Is Selling PlayStation Gift Cards At An Unbeatable Price
• Neutral Sentiment: Broader retail news about Amazon Prime Day and inflation is drawing attention to consumer spending and pricing pressure, but it is not directly specific to Costco’s near-term fundamentals. Amazon’s Prime Day sale could spur $26.3B in US e-commerce As Inflation Hits 3-Year High, These 2 ETFs Are Designed to Hedge Against Rising Costs
• Negative Sentiment: One report notes Costco members voicing inventory complaints, while a separate article on overstocked retailers suggests excess inventory and inflation remain challenges across retail, which could pressure margins if conditions worsen. Costco members voice surprising inventory complaint Retailers Overstocked to Avoid Tariffs. Then Inflation Hit.

Wall Street Analyst Weigh In

COST has been the topic of a number of recent research reports. UBS Group increased 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 note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Raymond James Financial increased their target price on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. DA Davidson reiterated a "neutral" rating and issued a $1,000.00 price target on shares of Costco Wholesale in a report on Thursday, June 4th. Finally, BMO Capital Markets boosted their price target on Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,061.45.

Costco Wholesale Trading Up 0.7%

NASDAQ COST opened at $957.68 on Wednesday. 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 firm has a market cap of $424.71 billion, a PE ratio of 48.17, a price-to-earnings-growth ratio of 4.61 and a beta of 0.88. The company has a 50 day moving average price of $997.76 and a 200 day moving average price of $969.87. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50.

Costco Wholesale (NASDAQ:COST - Get Free Report) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts' consensus estimates of $4.94 by ($0.01). The firm had revenue of $70.53 billion for the quarter, compared to analysts' expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the previous year, the company earned $4.28 EPS. As a group, sell-side analysts forecast that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $1.47 per share. The ex-dividend date was Friday, May 1st. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. This is a boost from Costco Wholesale's previous quarterly dividend of $1.30. Costco Wholesale's dividend payout ratio (DPR) is currently 29.58%.

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.

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