Argos Wealth Advisors LLC Makes New $622,000 Investment in Costco Wholesale Corporation $COST

Argos Wealth Advisors LLC purchased a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 722 shares of the retailer’s stock, valued at approximately $622,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Costco Wholesale by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 43,620,717 shares of the retailer’s stock valued at $37,615,889,000 after purchasing an additional 165,349 shares in the last quarter. Amundi boosted its position in Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock valued at $2,893,697,000 after purchasing an additional 986,182 shares in the last quarter. Fisher Asset Management LLC boosted its position in Costco Wholesale by 1.1% during the third quarter. Fisher Asset Management LLC now owns 3,145,241 shares of the retailer’s stock valued at $2,911,331,000 after purchasing an additional 34,826 shares in the last quarter. American Century Companies Inc. boosted its position in Costco Wholesale by 8.5% during the third quarter. American Century Companies Inc. now owns 1,619,703 shares of the retailer’s stock valued at $1,499,246,000 after purchasing an additional 127,495 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Costco Wholesale by 0.7% during the third quarter. Principal Financial Group Inc. now owns 1,210,837 shares of the retailer’s stock valued at $1,120,787,000 after purchasing an additional 8,259 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 posted strong April sales trends, with reports citing 11.6% comparable sales growth, 13% net sales growth, and an 18.8% rise in digitally enabled comps, reinforcing confidence in the company’s membership-driven model and e-commerce expansion.
• Positive Sentiment: TD Cowen issued a bullish view after visiting Costco’s headquarters, suggesting the retailer still has room to grow and that the stock’s recent strength may be supported by fundamentals rather than just market momentum. Article Title
• Positive Sentiment: Several pieces pointed to Costco as a defensive, high-quality retailer with durable demand and strong customer loyalty, which may be attracting investors looking for stability amid broader consumer uncertainty.
• Neutral Sentiment: Some coverage framed Costco as a “hold” or questioned whether the stock’s valuation is already rich, implying that much of the good news may already be priced in. Article Title
• Neutral Sentiment: Other articles discussed long-term growth themes such as digital perks, food court changes, and broader consumer-staples positioning, but these were more informational than immediate stock catalysts.
• Negative Sentiment: Valuation remains a concern, with multiple articles noting that Costco trades at a premium and may warrant patience if growth slows or margins come under pressure.
• Negative Sentiment: Some commentary suggested Costco has underperformed the broader market over the past year, which could temper enthusiasm despite its strong operating performance. Article Title

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Roth Mkm reiterated a “sell” rating on shares of Costco Wholesale in a research note on Wednesday, February 4th. Oppenheimer increased their price target on Costco Wholesale from $1,050.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. BMO Capital Markets increased their price target on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $1,050.00 price target on shares of Costco Wholesale in a research note on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft increased their price target 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. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,047.27.

Costco Wholesale Stock Up 2.2%

Shares of COST stock opened at $1,021.88 on Wednesday. The stock has a 50 day moving average of $998.78 and a 200 day moving average of $952.99. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The stock has a market cap of $453.36 billion, a P/E ratio of 53.14, a P/E/G ratio of 4.92 and a beta of 0.92. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share for the quarter, beating the consensus estimate of $4.55 by $0.03. The company had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the business earned $4.02 earnings per share. As a group, sell-side analysts expect that Costco Wholesale Corporation will post 20.32 EPS for the current year.

Costco Wholesale Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be issued a $1.47 dividend. The ex-dividend date of this dividend is Friday, May 1st. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is 30.58%.

Insider Buying and Selling

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the sale, the executive vice president directly owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.10% of the company’s 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.