Triglav Investments D.O.O. Buys Shares of 1,900 Costco Wholesale Corporation $COST

Key Points

• Triglav Investments D.O.O. opened a new position in Costco during the fourth quarter, buying 1,900 shares valued at about $1.64 million.
• Institutional ownership remains very high, with major firms like Vanguard, Geode Capital Management, and Amundi also adding to their Costco stakes; overall, institutions and hedge funds own 68.48% of the stock.
• Analysts remain broadly bullish after Costco’s latest results and recent dividend increase, with the stock posting $70.53 billion in revenue for the quarter, raising its dividend to $1.47 per share, and prompting multiple price-target hikes.

Triglav Investments D.O.O. bought a new stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,900 shares of the retailer's stock, valued at approximately $1,638,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COST. Vanguard Group Inc. boosted its position in shares of Costco Wholesale by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 43,620,717 shares of the retailer's stock worth $37,615,889,000 after buying an additional 165,349 shares during the period. Geode Capital Management LLC boosted its position in shares of Costco Wholesale by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 10,388,519 shares of the retailer's stock worth $8,919,573,000 after buying an additional 26,690 shares during the period. Amundi boosted its position in shares of Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer's stock worth $2,893,697,000 after buying an additional 986,182 shares during the period. Fisher Asset Management LLC boosted its position in shares of Costco Wholesale by 1.0% during the fourth quarter. Fisher Asset Management LLC now owns 3,176,286 shares of the retailer's stock worth $2,739,039,000 after buying an additional 31,045 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Costco Wholesale by 8.5% during the third quarter. American Century Companies Inc. now owns 1,619,703 shares of the retailer's stock worth $1,499,246,000 after buying an additional 127,495 shares during the period. 68.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Costco Wholesale

In other news, EVP Claudine Adamo sold 730 shares of Costco Wholesale 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 transaction, the executive vice president directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COST. BMO Capital Markets increased their price target on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Raymond James Financial increased their price target 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. Rothschild & Co Redburn increased their price target on Costco Wholesale from $890.00 to $1,000.00 and gave the company a "neutral" rating in a research report on Tuesday, February 17th. BTIG Research restated a "buy" rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a research note on Friday. Finally, Weiss Ratings upgraded Costco Wholesale from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, March 17th. Twenty-one equities 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's stock. According to data from MarketBeat.com, Costco Wholesale has a consensus rating of "Moderate Buy" and an average target price of $1,056.32.

More Costco Wholesale News

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

• Positive Sentiment: Costco posted strong third-quarter results, with revenue of $70.53 billion topping estimates and same-store sales rising 9.8%, showing that members are still spending on essentials and value-focused purchases.
• Positive Sentiment: Gasoline sales were a standout, with Costco’s gas stations setting all-time or record volume levels as drivers sought lower-priced fuel amid elevated energy costs. Article Title
• Positive Sentiment: Digital growth and membership strength continued to support results, helping offset margin pressure and reinforcing Costco’s value-driven model.
• Positive Sentiment: Several Wall Street firms raised price targets or reiterated bullish ratings, including Bank of America, Goldman Sachs, Bernstein, BTIG, and Morgan Stanley, signaling confidence in Costco’s long-term fundamentals.
• Neutral Sentiment: DA Davidson reaffirmed a neutral rating with a $1,000 target, suggesting modest upside but not a strong catalyst for a re-rating.
• Neutral Sentiment: Costco said it will return U.S. tariff refunds to members “in some form,” which may help customer loyalty but does not yet provide a clear financial boost.
• Negative Sentiment: EPS of $4.93 missed consensus by a small margin, and investors appear focused on the earnings shortfall more than the sales beat.
• Negative Sentiment: Margin pressure from higher costs and a premium valuation have prompted some traders to sell after the report, limiting enthusiasm despite the strong top-line performance.

Costco Wholesale Stock Down 3.9%

Shares of COST opened at $956.32 on Friday. The company has a market capitalization of $424.27 billion, a PE ratio of 49.73, a PEG ratio of 4.90 and a beta of 0.92. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The stock's 50-day moving average price is $1,007.80 and its two-hundred day moving average price is $962.48. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.98 by ($0.05). The company had revenue of $70.53 billion for the quarter, compared to analyst estimates of $69.68 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.During the same period in the previous year, the firm posted $4.28 earnings per share. On average, analysts anticipate that Costco Wholesale Corporation will post 20.33 EPS for the current 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 given a $1.47 dividend. This is a boost from Costco Wholesale's previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, May 1st. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale's dividend payout ratio is 30.58%.

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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