United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys 4,761 Shares of Costco Wholesale Corporation $COST

Key Points

• United Super increased its Costco stake by 8.3% in the second quarter, buying 4,761 shares to hold 62,219 shares valued at approximately $58.2 million. Institutional investors collectively own 68.48% of the company.
• Costco shares opened at $956.12, with a market capitalization of about $424 billion and a P/E ratio of 48.09. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $1,059.53.
• Director Kenneth D. Denman sold 885 shares for approximately $847,343, reducing his position by 15.62%. Costco also reported quarterly revenue above estimates but narrowly missed earnings expectations, while tariff-related refunds and litigation remain potential risks.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 8.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,219 shares of the retailer's stock after acquiring an additional 4,761 shares during the quarter. Costco Wholesale comprises about 1.0% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's investment portfolio, making the stock its 27th biggest holding. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings in Costco Wholesale were worth $58,204,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in COST. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Costco Wholesale during the 4th quarter valued at $27,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Costco Wholesale in the 4th quarter worth $28,000. Lifetime Wealth Management P.C. purchased a new position in shares of Costco Wholesale in the 4th quarter worth $28,000. Manning & Napier Advisors LLC grew its holdings in shares of Costco Wholesale by 750.0% in the first quarter. Manning & Napier Advisors LLC now owns 34 shares of the retailer's stock worth $34,000 after acquiring an additional 30 shares during the period. Finally, Entrust Financial LLC bought a new stake in shares of Costco Wholesale in the fourth quarter worth $31,000. 68.48% of the stock is currently owned by institutional investors.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco’s membership program is being highlighted as an underappreciated growth engine. Recurring membership fees support profitability and customer loyalty, potentially providing a durable catalyst if renewal rates and membership growth remain strong. Costco Has a Secret Growth Engine
• Positive Sentiment: Costco’s partnership with SCAN Health Plan to offer a limited selection of Medicare Advantage and Medicare Supplemental plans gives the retailer a potential new membership and services opportunity. The near-term financial impact is unclear, but the initiative could broaden Costco’s ecosystem and customer reach. Healthcare CEO partnering with Costco outlines Medicare offerings
• Neutral Sentiment: Golden Reserve Retirement increased its Costco position by 133.9%, purchasing 592 additional shares. The investment signals confidence, but the resulting holding of only 1,034 shares is too small to materially affect Costco’s outlook. Golden Reserve increases Costco position
• Neutral Sentiment: Consumer-focused articles highlighting savings, popular products and school snacks reinforce Costco’s value proposition, but they do not provide new financial information likely to move the stock. Coverage also reported zero short interest, though the figures appear incomplete or unreliable.
• Negative Sentiment: Costco is refunding customers for duties it says were unlawfully collected on certain tariffed goods while fighting a related class-action lawsuit. Refund costs, possible legal liabilities and reputational damage could pressure results, although the refunds may help preserve customer trust. Why Is Costco Refunding Tariff Duties?

Insider Activity

In related news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares of the company's stock, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company's stock.

Costco Wholesale Stock Down 0.4%

Shares of NASDAQ COST opened at $956.12 on Thursday. The firm's 50-day moving average price is $946.25 and its 200-day moving average price is $980.63. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $424.02 billion, a price-to-earnings ratio of 48.09, a P/E/G ratio of 4.57 and a beta of 0.87. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($0.01). The company had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same period in the previous year, the firm earned $4.28 earnings per share. On average, equities research analysts anticipate that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale's dividend payout ratio is currently 29.58%.

Analyst Ratings Changes

A number of research firms have weighed in on COST. Roth Capital increased their target price on Costco Wholesale from $769.00 to $781.00 and gave the company a "sell" rating in a report on Friday, May 29th. Truist Financial boosted their target price on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a "hold" rating in a research report on Friday, May 29th. JPMorgan Chase & Co. reduced their price target on Costco Wholesale from $1,110.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, July 9th. Royal Bank Of Canada assumed coverage on shares of Costco Wholesale in a research report on Monday, July 13th. They set a "sector perform" rating and a $1,000.00 price objective on the stock. Finally, The Goldman Sachs Group boosted their price target on Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,059.53.

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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