Costco Wholesale Corporation $COST Position Trimmed by Jericho Financial LLP

Jericho Financial LLP trimmed its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 11.1% during the first quarter, Holdings Channel reports. The firm owned 4,245 shares of the retailer’s stock after selling 532 shares during the quarter. Costco Wholesale comprises 2.7% of Jericho Financial LLP’s portfolio, making the stock its 21st largest holding. Jericho Financial LLP’s holdings in Costco Wholesale were worth $4,230,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of COST. FORA Capital LLC acquired a new stake in shares of Costco Wholesale in the 3rd quarter worth approximately $2,781,000. World Investment Advisors raised its holdings in Costco Wholesale by 8.4% during the fourth quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock worth $15,835,000 after purchasing an additional 1,560 shares in the last quarter. Teacher Retirement System of Texas lifted its position in Costco Wholesale by 24.5% in the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock worth $121,098,000 after purchasing an additional 27,625 shares during the period. Curtis Advisory Group LLC boosted its stake in Costco Wholesale by 56.7% during the 4th quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock valued at $3,911,000 after purchasing an additional 1,641 shares in the last quarter. Finally, Perryman Financial Advisory Inc. AD bought a new position in Costco Wholesale during the 4th quarter valued at $9,300,000. 68.48% of the stock is currently owned by institutional investors.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Several articles highlighted Costco’s strong underlying business, including robust recent results, high membership renewal rates, and ongoing expansion initiatives such as digital and retail-media efforts that could support longer-term growth. Costco Wholesale (COST) Posts Strong Results, Is It Fully Priced?
• Positive Sentiment: Coverage also pointed to Costco’s scale advantage and continued sales momentum, with commentary noting fiscal 2025 revenue of about $275.24 billion and a Q3 FY2026 update that suggests the company’s growth engine is still working well. Costco’s $250 Billion Expansion Strategy Keeps Delivering Results
• Positive Sentiment: Analyst- and investor-focused articles remained constructive on Costco’s long-term compounding ability and its potential to expand into areas like retail media, reinforcing the view that the business still has multiple growth levers. Can Costco Stock Build a Meaningful Retail Media Business?
• Neutral Sentiment: Several pieces were largely commentary or retrospective pieces about Costco’s past returns, which may support sentiment but do not add new fundamental information for investors. If You’d Invested $10,000 in Costco 10 Years Ago, Here’s How Much You’d Have Today
• Negative Sentiment: One newly surfaced lawsuit alleges Costco sold Orgain protein supplements contaminated with heavy metals, creating a potential legal and reputational overhang even though the financial impact is still unclear. Hagens Berman: Consumer Lawsuit Against Costco Alleges Toxic Heavy Metals in Orgain Protein Supplements

Costco Wholesale Stock Down 0.3%

Shares of Costco Wholesale stock opened at $947.50 on Wednesday. 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 $420.20 billion, a P/E ratio of 47.66, a P/E/G ratio of 4.60 and a beta of 0.88. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average price of $987.83 and a 200 day moving average price of $974.59.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The business had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter in the prior year, the company earned $4.28 EPS. As a group, analysts expect that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal 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 given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s payout ratio is currently 29.58%.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares of the company’s stock, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. HC Wainwright reissued a “buy” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Bank of America lifted their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Citigroup assumed coverage on shares of Costco Wholesale in a research report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 price objective for the company. DA Davidson reaffirmed a “neutral” rating and issued a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, June 4th. Finally, Roth Capital boosted their target price on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a report on Friday, May 29th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,061.45.

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.