SoundView Advisors Inc. Sells 972 Shares of Costco Wholesale Corporation $COST

SoundView Advisors Inc. lessened its position in Costco Wholesale Corporation (NASDAQ:COST) by 34.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,880 shares of the retailer’s stock after selling 972 shares during the quarter. Costco Wholesale comprises about 0.6% of SoundView Advisors Inc.’s investment portfolio, making the stock its 18th biggest position. SoundView Advisors Inc.’s holdings in Costco Wholesale were worth $1,621,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after acquiring an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after purchasing an additional 130 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock worth $3,814,000 after buying an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in Costco Wholesale by 1.1% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after buying an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in shares of Costco Wholesale by 2.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after buying an additional 182 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on COST. The Goldman Sachs Group decreased their price target on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft increased 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 report on Thursday, May 7th. Wells Fargo & Company lifted their target price on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Thursday, April 9th. UBS Group upped their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $1,050.00 price target on shares of Costco Wholesale in a research report on Thursday, March 5th. Twenty-two 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. Based on data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average target price of $1,052.60.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: UBS raised its price target on Costco to $1,275 and reiterated a buy rating, signaling confidence in the company’s growth and earnings power. UBS adjusts price target on Costco Wholesale to $1,275 from $1,205, maintains buy rating
• Positive Sentiment: Analysts continue to back Costco ahead of its fiscal Q3 report, saying the company is likely to deliver strong results despite macro pressures. Costco Expected to Deliver Strong Q3 Results Despite Macro Pressures, UBS Says
• Positive Sentiment: Recent articles highlight continued momentum in Costco’s stock, including record highs and renewed split speculation, reflecting strong investor enthusiasm. Costco Stock Tops $1,000 as Split Speculation Builds
• Neutral Sentiment: Costco is expanding its real estate footprint, with new land purchases and rezoning efforts tied to potential warehouse openings in Upstate New York and Central Georgia, which could support future growth but are unlikely to move the stock today. Costco buys $15.6 million in more Upstate NY land from Pyramid
• Neutral Sentiment: Some articles were largely consumer-interest pieces, including Costco’s new dessert, ethnic grocery selection, and the company’s membership/value proposition; these add to brand visibility but are not major stock drivers. Costco pays new members to join with rare offer
• Negative Sentiment: The main pressure point is valuation: with Costco already near record territory, some investors worry there is limited upside unless upcoming earnings clearly exceed lofty expectations. Costco Q3 Preview: Shares Are A Hold As Expectations Run High
• Negative Sentiment: Headlines about a tax dispute in Japan and broader retail competition, including Kroger’s planned price cuts, add a small amount of near-term noise and margin pressure concerns. Costco hit with 1.5 billion yen tab for undeclared consumption tax

Costco Wholesale Price Performance

Shares of COST stock opened at $1,050.45 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The firm has a fifty day moving average of $1,007.14 and a 200-day moving average of $959.65. The firm has a market capitalization of $466.04 billion, a price-to-earnings ratio of 54.63, a price-to-earnings-growth ratio of 5.28 and a beta of 0.92.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share for the quarter, topping the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.02 earnings per share. On average, equities research analysts forecast that Costco Wholesale Corporation will post 20.33 earnings per share for the current 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 issued 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 dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is 30.58%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 6,121 shares in the company, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.