Costco Wholesale Corporation $COST Shares Sold by Jag Capital Management LLC

Jag Capital Management LLC reduced its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 25.1% during the 4th quarter, Holdings Channel reports. The firm owned 16,411 shares of the retailer’s stock after selling 5,504 shares during the quarter. Costco Wholesale makes up about 1.5% of Jag Capital Management LLC’s holdings, making the stock its 25th largest holding. Jag Capital Management LLC’s holdings in Costco Wholesale were worth $14,152,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV grew its holdings in Costco Wholesale by 1.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,184 shares of the retailer’s stock valued at $1,884,000 after purchasing an additional 40 shares during the period. Harvest Portfolios Group Inc. grew its holdings in Costco Wholesale by 37.5% in the fourth quarter. Harvest Portfolios Group Inc. now owns 75,686 shares of the retailer’s stock valued at $65,267,000 after purchasing an additional 20,641 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Costco Wholesale in the fourth quarter valued at approximately $401,000. PNC Financial Services Group Inc. grew its holdings in Costco Wholesale by 7.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 626,294 shares of the retailer’s stock valued at $540,078,000 after purchasing an additional 44,684 shares during the period. Finally, GSA Capital Partners LLP grew its holdings in Costco Wholesale by 54.1% in the fourth quarter. GSA Capital Partners LLP now owns 3,911 shares of the retailer’s stock valued at $3,373,000 after purchasing an additional 1,373 shares during the period. 68.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Claudine Adamo sold 730 shares of Costco Wholesale 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 transaction of $732,204.60. Following the transaction, the executive vice president owned 6,121 shares in the company, 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 filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on COST. Jefferies Financial Group reissued a “buy” rating and issued a $1,050.00 price objective on shares of Costco Wholesale in a report on Thursday, March 5th. JPMorgan Chase & Co. raised their target price on Costco Wholesale from $1,060.00 to $1,110.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. TD Cowen restated a “buy” rating on shares of Costco Wholesale in a research report on Friday, March 6th. BTIG Research restated a “buy” rating and issued a $1,115.00 target price on shares of Costco Wholesale in a research report on Thursday, March 5th. Finally, Mizuho raised their target price on Costco Wholesale from $1,065.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Twenty-two investment 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,049.27.

Costco Wholesale Stock Performance

NASDAQ COST opened at $1,094.32 on Wednesday. The company has a market cap of $485.50 billion, a PE ratio of 56.91, a price-to-earnings-growth ratio of 5.30 and a beta of 0.92. The stock’s 50 day simple moving average is $1,004.71 and its 200-day simple moving average is $957.59. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59.

Costco Wholesale (NASDAQ:COST) last released its 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 business had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $4.02 earnings per share. As a group, equities research analysts anticipate that Costco Wholesale Corporation will post 20.31 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a dividend of $1.47 per share. The ex-dividend date was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is 30.58%.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco raised its quarterly dividend by 13% to $1.47 per share, marking 22 straight years of dividend increases and signaling confidence in cash generation. This helped push shares to new highs. Where Will Costco Stock Be In 2028?
• Positive Sentiment: Analysts turned more constructive ahead of the company’s May 28 earnings report, with Oppenheimer lifting its price target to $1,160 after strong April sales and the dividend hike. Costco (COST) Stock Gains as Analysts Raise Price Targets Before Quarterly Report
• Positive Sentiment: Costco’s April sales reinforced its defensive appeal, with 11.6% comparable sales growth and 18.8% digital sales growth as value-focused shoppers kept buying in bulk. Costco’s April Sales Reinforce Its Case as the Ultimate Defensive Stock
• Positive Sentiment: New food-court items, including chicken strips, are generating customer buzz and social media attention that may support traffic and membership loyalty. Forget chicken fingers, Costco quietly adds new food court item
• Neutral Sentiment: Several articles discuss whether Costco should split its stock now that shares are above $1,000, but management has not announced any split. Costco’s Stock Keeps Breaking the $1,000 Threshold — Don’t Expect a Stock Split

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.