Costco Wholesale Corporation $COST Shares Sold by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH trimmed its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,439 shares of the retailer’s stock after selling 659 shares during the quarter. Costco Wholesale accounts for about 4.5% of North Point Portfolio Managers Corp OH’s investment portfolio, making the stock its 3rd biggest position. North Point Portfolio Managers Corp OH’s holdings in Costco Wholesale were worth $25,348,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of COST. Diamant Asset Management Inc. boosted its stake in shares of Costco Wholesale by 99,278.0% during the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after buying an additional 6,720,130 shares during the last quarter. Norges Bank bought a new stake in shares of Costco Wholesale in the fourth quarter worth $5,195,415,000. Corient Private Wealth LLC increased its stake in shares of Costco Wholesale by 838.9% in the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after buying an additional 5,472,968 shares during the last quarter. Cardano Risk Management B.V. raised its holdings in Costco Wholesale by 907.1% in the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock valued at $1,539,346,000 after acquiring an additional 1,607,833 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in Costco Wholesale by 1,586.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after acquiring an additional 1,070,005 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on COST. UBS Group raised their price objective on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Weiss Ratings lowered shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Daiwa Securities Group increased their price target on shares of Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Bank of America lifted their price target on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Costco Wholesale presently has an average rating of “Moderate Buy” and an average target price of $1,061.45.

Insider Buying and Selling

In other news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was 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 of the company’s stock, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by insiders.

Costco Wholesale Trading Down 1.2%

Costco Wholesale stock opened at $924.67 on Thursday. The firm’s 50-day moving average is $992.50 and its 200-day moving average is $972.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The company has a market cap of $410.07 billion, a P/E ratio of 46.51, a PEG ratio of 4.53 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last posted its quarterly 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 business had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same period last year, the firm posted $4.28 earnings per share. On average, equities analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

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

More Costco Wholesale News

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

• Positive Sentiment: Analysts see Costco’s large cash position, low debt, and steady membership-fee stream as advantages that could help it keep investing through retail headwinds and support future growth. Can Costco Outgrow Retail Headwinds on Balance Sheet Strength?
• Positive Sentiment: Commentary also highlighted stronger executive membership penetration, which can boost higher-margin fee income and improve Costco’s sales mix, with additional growth potential from China expansion. Costco’s Executive Penetration Could Unlock More Earnings
• Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Costco, signaling continued confidence in the company’s earnings power beyond the current fiscal year. Costco Wholesale Corporation (NASDAQ:COST)
• Positive Sentiment: Articles focused on Costco’s growing footprint, including new Texas warehouse openings, reinforcing the company’s steady unit expansion and brand strength with consumers. Costco cashes in on 2 new Texas warehouses opening this summer. Here’s where
• Neutral Sentiment: Several recent consumer-focused articles and opinion pieces about Costco products and shopping habits are not likely to move the stock much on their own. 7 Costco finds that help you save on warm-weather essentials
• Neutral Sentiment: One recent bullish article argued Costco can generate long-term passive income and capital appreciation, but this is more a thesis piece than a new catalyst. Want $3,000 in Annual Passive Income? Invest $146,000 in Costco in July and Wait 10 Years.
• Negative Sentiment: Multiple recent write-ups warn that Costco’s valuation is expensive, with some analysts saying the stock’s strong multi-year run has left limited upside unless growth accelerates further. Costco (COST) Stock Looks Strong On Returns But Expensive On Earnings
• Negative Sentiment: Bearish commentary also suggested Costco may have more downside if investors keep focusing on slowing growth versus its premium earnings multiple. Costco Stock: More Pain To Come

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.