CPC Advisors LLC Has $422,000 Stake in Costco Wholesale Corporation $COST

CPC Advisors LLC lowered its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 86.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 424 shares of the retailer’s stock after selling 2,669 shares during the quarter. CPC Advisors LLC’s holdings in Costco Wholesale were worth $422,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. FORA Capital LLC acquired a new stake in shares of Costco Wholesale during the 3rd quarter worth approximately $2,781,000. World Investment Advisors increased its stake in shares of Costco Wholesale by 8.4% in the 4th quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock valued at $15,835,000 after acquiring an additional 1,560 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Costco Wholesale by 24.5% during the 4th quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock valued at $121,098,000 after acquiring an additional 27,625 shares during the period. Curtis Advisory Group LLC lifted its position in shares of Costco Wholesale by 56.7% during the 4th quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock valued at $3,911,000 after acquiring an additional 1,641 shares during the period. Finally, Mariner LLC boosted its stake in Costco Wholesale by 1.5% during the third quarter. Mariner LLC now owns 399,894 shares of the retailer’s stock worth $370,140,000 after acquiring an additional 5,937 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on COST. Raymond James Financial raised their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. BTIG Research reissued a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a research report on Friday, May 29th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft raised their target price on Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Daiwa Securities Group upped their price target on Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,061.45.

Costco Wholesale Stock Performance

NASDAQ COST opened at $951.35 on Tuesday. The company has a market cap of $421.90 billion, a P/E ratio of 47.85, a PEG ratio of 4.61 and a beta of 0.88. The company has a fifty day simple moving average of $998.58 and a 200 day simple moving average of $969.62. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last released 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). 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 for the quarter, compared to analyst estimates of $70.12 billion. During the same quarter in the previous year, the company posted $4.28 EPS. Sell-side analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

Costco Wholesale News Roundup

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

• Positive Sentiment: Analysts and market commentary said Costco’s membership model looks even stronger, citing higher renewal rates, executive upgrades, and solid fee income growth that point to durable customer loyalty and steady recurring revenue. Is Costco Wholesale’s Membership Model Getting Even Stronger?
• Positive Sentiment: Higher fuel prices may be sending more shoppers to Costco gas stations, which can increase in-store traffic and support a spillover lift in merchandise sales. 1 Big Catalyst for Costco Stock Right Now
• Positive Sentiment: One article argued that Costco’s low-price model can remain resilient even if the Fed keeps rates elevated, because value-oriented shopping tends to hold up well in inflationary periods. 1 Reason Why the Fed’s Decision to Keep Interest Rates Steady Is No Match for Costco Stock
• Neutral Sentiment: Costco is also getting attention as a potential beneficiary of heavy summer spending and online competition, but the articles focus more on Amazon’s Prime Day and broader retail activity than on a direct new catalyst for Costco. Amazon’s Prime Day sale could spur $26.3B in US e-commerce
• Neutral Sentiment: There was also chatter about Costco’s CFO and the timing of a possible special dividend, but the discussion did not confirm any new payout decision, so it is more of a speculation-driven headline than a clear catalyst. Costco’s CFO just answered the special-dividend question
• Negative Sentiment: One report noted that some Costco members are raising inventory complaints, which could hint at occasional merchandising or availability issues that may frustrate shoppers. Costco members voice surprising inventory complaint
• Negative Sentiment: A Fortune report said quartz countertop fabrication has caused serious lung disease among workers, including in jobs tied to Costco kitchens, which could add reputational or legal pressure. Your quartz countertop is the new asbestos — for the workers who cut it

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.