Wealthspire Advisors LLC Buys 3,979 Shares of Costco Wholesale Corporation $COST

Wealthspire Advisors LLC increased its stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 24.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 20,435 shares of the retailer's stock after purchasing an additional 3,979 shares during the quarter. Wealthspire Advisors LLC's holdings in Costco Wholesale were worth $17,622,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Hurley Capital LLC increased its position in shares of Costco Wholesale by 120.0% during 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 during the last quarter. Entrust Financial LLC bought a new position in shares of Costco Wholesale during the 4th quarter valued at approximately $31,000. Joseph Group Capital Management bought a new position in shares of Costco Wholesale during the 4th quarter valued at approximately $33,000. Abich Financial Wealth Management LLC bought a new position in shares of Costco Wholesale during the 3rd quarter valued at approximately $34,000. Finally, Imprint Wealth LLC bought a new position in shares of Costco Wholesale during the 3rd quarter valued at approximately $36,000. Institutional investors own 68.48% of the company's stock.

Analyst Upgrades and Downgrades

COST has been the topic of several analyst reports. Raymond James Financial boosted 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. Truist Financial boosted their target price on Costco Wholesale from $977.00 to $1,011.00 and gave the company a "hold" rating in a research report on Friday, May 29th. Mizuho set a $1,100.00 target price on Costco Wholesale in a research report on Monday, June 1st. BMO Capital Markets boosted their price objective on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an "outperform" rating in a report on Friday, March 6th. Finally, Oppenheimer boosted their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an "outperform" rating in a report on Tuesday, May 19th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,060.41.

More Costco Wholesale News

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.

Costco Wholesale Price Performance

COST opened at $982.35 on Friday. The business has a fifty day moving average of $1,005.34 and a 200 day moving average of $966.74. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. 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 stock has a market cap of $435.65 billion, a P/E ratio of 49.41, a PEG ratio of 4.73 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its 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 firm had revenue of $70.53 billion during the quarter, compared to analysts' expectations of $70.12 billion. During the same quarter in the prior year, the company posted $4.28 earnings per share. As a group, sell-side analysts anticipate that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $1.47 dividend. 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 positive change from Costco Wholesale's previous quarterly dividend of $1.30. Costco Wholesale's dividend payout ratio (DPR) is currently 29.58%.

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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