&PARTNERS grew its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 13.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 113,002 shares of the retailer’s stock after buying an additional 13,686 shares during the quarter. Costco Wholesale makes up approximately 0.5% of &PARTNERS’s portfolio, making the stock its 29th biggest position. &PARTNERS’s holdings in Costco Wholesale were worth $97,353,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Hurley Capital LLC grew its stake in Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after buying an additional 18 shares in the last quarter. Entrust Financial LLC purchased a new position in Costco Wholesale in the 4th quarter worth approximately $31,000. Joseph Group Capital Management purchased a new position in Costco Wholesale in the 4th quarter worth approximately $33,000. Imprint Wealth LLC purchased a new position in Costco Wholesale in the 3rd quarter worth approximately $36,000. Finally, Redmont Wealth Advisors LLC purchased a new position in Costco Wholesale in the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently issued reports on COST. Oppenheimer upped their price objective on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a research note on Monday, March 2nd. Weiss Ratings raised shares of Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Mizuho set a $1,100.00 price objective on shares of Costco Wholesale in a research note on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of 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 given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and an average price target of $1,060.41.
Costco Wholesale Trading Up 0.7%
Shares of COST opened at $986.68 on Wednesday. The stock has a market capitalization of $437.57 billion, a P/E ratio of 49.63, a PEG ratio of 4.74 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. The firm has a fifty day simple moving average of $1,004.06 and a two-hundred day simple moving average of $968.46. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly 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). The firm had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the previous year, the company earned $4.28 EPS. On average, research analysts anticipate that Costco Wholesale Corporation will post 20.38 EPS for the current year.
Costco Wholesale Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is currently 29.58%.
Trending Headlines about Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Zacks highlighted Costco’s growing traffic, stronger comparable sales, and gas-driven member engagement, reinforcing that its value proposition is still attracting shoppers. Costco’s Growing Traffic Shows the Power of Its Value Strategy
- Positive Sentiment: Another Zacks note said Costco screens well for earnings acceleration, pointing to rising EPS growth trends that can support further upside in the shares. Costco & 2 Earnings Acceleration Stocks to Watch for Solid Upside
- Positive Sentiment: Yahoo Finance and other commentary emphasized Costco’s record gasoline sales, e-commerce growth, wellness offerings, and ongoing store expansion, all of which reinforce the company’s long-term growth story. Costco Leans On Gasoline, E Commerce And Wellness To Deepen Member Value
- Positive Sentiment: Several articles framed Costco as a top long-term growth name and suggested the stock still has room to run if membership strength and comparable sales remain solid. Why Costco (COST) is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Costco remains a heavily watched stock, with investor attention amplified by bullish price-target speculation and debate over whether the company can break above $1,100 over time. Can Costco Stock Break $1,100 by 2027?
- Negative Sentiment: Despite the constructive outlook, one market note said Costco was among retailers that fell even as lower oil prices could have helped consumers, showing the stock can still be pressured by broader rotation or lack of immediate catalyst. It Wasn’t a Strait of Hormuz Relief Rally, After All
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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