waypoint wealth counsel Sells 1,163 Shares of Costco Wholesale Corporation $COST

Key Points

• Waypoint Wealth Counsel sharply reduced its Costco stake in the first quarter, selling 1,163 shares and cutting its position by 79.1% to just 307 shares worth about $306,000.
• Costco continues to attract strong analyst support, with firms like Bernstein and Bank of America raising price targets and the stock carrying a Moderate Buy consensus rating from analysts.
• The company posted mixed recent results: quarterly EPS missed estimates by a penny, but revenue topped expectations, and Costco also raised its quarterly dividend to $1.47 per share.

waypoint wealth counsel cut its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 79.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 307 shares of the retailer's stock after selling 1,163 shares during the period. waypoint wealth counsel's holdings in Costco Wholesale were worth $306,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of COST. Brighton Jones LLC boosted its position in Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer's stock valued at $18,165,000 after acquiring an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer's stock worth $1,029,000 after acquiring an additional 130 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Costco Wholesale by 4.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer's stock worth $3,814,000 after acquiring an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer's stock worth $2,089,000 after purchasing an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Costco Wholesale by 2.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer's stock worth $8,416,000 after purchasing an additional 182 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the sale, the director 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 available at this link. 0.10% of the stock is owned by company insiders.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Bernstein named Costco one of its top retail picks for the rest of 2026, reinforcing the view that the company remains a long-term winner thanks to its strong membership model, resilient traffic, and steady share gains. Costco Stock (COST) Crowned Top Retail Pick for the Rest of 2026 — Here’s Why
• Positive Sentiment: New coverage highlighted Costco’s AI efforts, noting that the company is using artificial intelligence to improve product listings and search, with digital traffic reportedly tripling and conversion rates strengthening. Costco (COST) Is Using AI To Triple Digital Traffic And Lift Conversions
• Positive Sentiment: Several articles pointed to Costco’s durable growth drivers, including high membership renewal rates, new warehouse openings, fuel stations, and e-commerce expansion, supporting the bull case for continued earnings growth. Can Costco Stock Reach $1,000 by the End of 2026?
• Neutral Sentiment: Costco-related lifestyle and product stories, including new bakery and bagel items, may help keep customers engaged, but they are unlikely to materially move the stock on their own. Costco shoppers are craving a hot new bakery item: ‘Give me 30’
• Neutral Sentiment: Citi’s resumed coverage with a Neutral rating and $1,020 target suggests Costco is viewed as a strong business, but with limited upside at current levels, which can temper enthusiasm near-term. Citi Resumes Coverage of Costco (COST)
• Negative Sentiment: Some commentary raised valuation and growth concerns, arguing that Costco’s premium multiple leaves less room for upside and that one of its key growth engines could be slowing, helping explain why the shares slipped despite positive headlines. Costco's secret growth engine may be running out of gas

Costco Wholesale Trading Down 0.6%

Shares of NASDAQ:COST opened at $946.68 on Tuesday. The business's 50-day moving average is $995.26 and its 200 day moving average is $971.53. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm has a market capitalization of $419.83 billion, a P/E ratio of 47.62, a P/E/G ratio of 4.61 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its quarterly earnings results 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). 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 prior year, the business posted $4.28 EPS. On average, research analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on COST shares. Sanford C. Bernstein lifted their target price on Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an "outperform" rating in a research note on Friday, May 29th. Bank of America increased their price target on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a "buy" rating in a research report on Friday, May 29th. Truist Financial raised their price target on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a "hold" rating in a report on Friday, May 29th. Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Monday, March 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an "overweight" rating in a research note on Friday, April 17th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,061.45.

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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