Compound Planning Inc. Buys 781 Shares of Costco Wholesale Corporation $COST

Compound Planning Inc. lifted its stake in Costco Wholesale Corporation (NASDAQ:COST) by 8.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,732 shares of the retailer’s stock after purchasing an additional 781 shares during the period. Compound Planning Inc.’s holdings in Costco Wholesale were worth $8,392,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of COST. Palisade Asset Management LLC grew its holdings in shares of Costco Wholesale by 1.4% during the 4th quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock worth $605,000 after acquiring an additional 10 shares during the period. Graybill Wealth Management LTD. raised its position in shares of Costco Wholesale by 0.3% in the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock worth $2,754,000 after acquiring an additional 10 shares in the last quarter. Lbmc Investment Advisors LLC lifted its stake in shares of Costco Wholesale by 0.5% in the 4th quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer’s stock valued at $1,760,000 after purchasing an additional 10 shares during the period. Somerset Group LLC lifted its stake in shares of Costco Wholesale by 0.3% in the 3rd quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock valued at $3,906,000 after purchasing an additional 11 shares during the period. Finally, Hughes Financial Services LLC boosted its position in shares of Costco Wholesale by 4.3% during the third quarter. Hughes Financial Services LLC now owns 268 shares of the retailer’s stock valued at $245,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Costco continues to show strong underlying demand, with May sales growth, high membership renewal rates, and faster-growing digital/e-commerce channels supporting the long-term growth story. How Investors May Respond To Costco (COST) Digital Momentum Amid Valuation Jitters And Macro Uncertainty
• Positive Sentiment: Costco lowered prices on some Kirkland Signature items, reinforcing its value proposition for inflation-conscious shoppers and potentially helping traffic and member loyalty. Why Weakness in Dividend-Paying Costco Stock Is a Strong Buying Opportunity
• Positive Sentiment: A new Costco gas station was approved in a Bay Area city, adding another potential traffic driver and incremental fuel-related sales opportunity. This Bay Area city approves new Costco gas station
• Neutral Sentiment: Citigroup initiated coverage with a neutral rating and a $1,020 price target, which is above the recent trading level but does not signal a strong near-term catalyst. Benzinga coverage of Citigroup initiation
• Negative Sentiment: Analyst commentary is divided, with one report noting that Costco shares fell after Citi and Bernstein issued conflicting views, adding to uncertainty around the stock’s premium valuation. Costco Stock (COST) Drops as Analysts Can’t Agree on the Big-Box Retailer
• Negative Sentiment: Several recent articles focus on whether Costco’s stock is too expensive near the $1,000 level, reflecting valuation jitters that can pressure shares when growth expectations are already high. Costco at $1,000: A Timeless Business, Is the Stock Still a Buy or a Bubble?

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on COST. Citigroup started coverage on shares of Costco Wholesale in a research report on Thursday. They issued a “neutral” rating and a $1,020.00 target price on the stock. TD Cowen restated a “buy” rating and issued a $1,175.00 price target on shares of Costco Wholesale in a research note on Wednesday, June 3rd. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Roth Mkm increased their target price on Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research note on Friday, May 29th. Finally, BTIG Research reissued a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Friday, May 29th. 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,061.45.

Costco Wholesale Stock Down 1.5%

COST stock opened at $951.45 on Friday. The stock has a market capitalization of $421.95 billion, a P/E ratio of 47.86, a P/E/G ratio of 4.68 and a beta of 0.88. 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 business has a fifty day moving average price of $1,001.77 and a 200-day moving average price of $969.14.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. During the same period last year, the business earned $4.28 earnings per share. Equities analysts forecast 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. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is presently 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.