Hodges Capital Management Inc. Sells 1,253 Shares of Costco Wholesale Corporation $COST

Hodges Capital Management Inc. trimmed its position in Costco Wholesale Corporation (NASDAQ:COST) by 23.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,204 shares of the retailer’s stock after selling 1,253 shares during the period. Hodges Capital Management Inc.’s holdings in Costco Wholesale were worth $4,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Costco Wholesale in the fourth quarter valued at about $27,000. Lifetime Wealth Management P.C. bought a new position in Costco Wholesale during the fourth quarter worth about $28,000. Mcguire Capital Advisors Inc. acquired a new stake in Costco Wholesale in the 4th quarter worth about $28,000. Entrust Financial LLC acquired a new stake in Costco Wholesale in the 4th quarter worth about $31,000. Finally, Joseph Group Capital Management bought a new stake in Costco Wholesale in the 4th quarter valued at about $33,000. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Down 0.1%

COST opened at $950.25 on Tuesday. The stock has a market capitalization of $421.42 billion, a price-to-earnings ratio of 47.80, a P/E/G ratio of 4.61 and a beta of 0.88. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company has a 50-day simple moving average of $990.38 and a 200 day simple moving average of $973.36.

Costco Wholesale (NASDAQ:COST) last issued its earnings results 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 firm had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same quarter in the previous year, the firm posted $4.28 earnings per share. Analysts predict that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale’s payout ratio is 29.58%.

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 completion of the transaction, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Roth Mkm increased their target price on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. The Goldman Sachs Group lifted their price target on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Mizuho set a $1,100.00 price target on Costco Wholesale in a research note on Monday, June 1st. Weiss Ratings downgraded Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,061.45.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Analysts and market writers continue to highlight Costco as a resilient, long-term compounder with strong membership loyalty, steady cash generation, and a durable business model that can hold up well in a weaker consumer environment. Is Costco Wholesale Corporation (COST) a Durable Long-Term Compounder?
• Positive Sentiment: Costco is being viewed as a beneficiary of investors’ preference for defensive, high-quality retail names, with articles pointing to its resilience during economic uncertainty and strong appeal as a reliable consumer staple-like retailer. Costco Wholesale Corporation (COST) Benefits from Investors’ Focus on Resilient Businesses
• Positive Sentiment: Costco is expanding its retail media efforts through Google Commerce Media and YouTube, which could create a new higher-margin revenue stream if member engagement keeps growing. Can Costco Stock Build a Meaningful Retail Media Business?
• Neutral Sentiment: Several pieces compare Costco with Walmart and discuss which retailer is the better buy, but these are mostly valuation and business-model debates rather than new company-specific catalysts. Costco vs Walmart: What’s the Better Retail Stock to Buy Right Now?
• Neutral Sentiment: Consumer-focused headlines about Costco’s food court items, milk pricing, and broader retail resilience are more about shopper behavior and brand interest than a direct earnings driver. Are Costco’s famous food court franks available for bulk purchase?
• Negative Sentiment: One article argues Costco lacks the same valuation appeal as another preferred stock pick, which underscores investor concerns that COST may already be priced for perfection. When I Try to Imagine the Best Investment Opportunity for the Next 10 Years, Costco Stock Just Doesn’t Make the Cut. That’s Why I Keep Coming Back to This Stock.

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.