Costco Wholesale Corporation $COST Shares Purchased by Saiph Capital LLC

Saiph Capital LLC boosted its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 137.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,323 shares of the retailer’s stock after purchasing an additional 767 shares during the quarter. Costco Wholesale makes up approximately 0.4% of Saiph Capital LLC’s holdings, making the stock its 28th largest position. Saiph Capital LLC’s holdings in Costco Wholesale were worth $1,238,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of COST. Palisade Asset Management LLC increased its holdings in shares of Costco Wholesale by 1.4% in the 4th quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock valued at $605,000 after acquiring an additional 10 shares during the last quarter. Graybill Wealth Management LTD. increased its stake in Costco Wholesale by 0.3% in the fourth quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock valued at $2,754,000 after purchasing an additional 10 shares during the last quarter. Wealth Effects LLC grew its position in shares of Costco Wholesale by 1.2% in the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer’s stock valued at $871,000 after buying an additional 10 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. grew its holdings in shares of Costco Wholesale by 1.8% during the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer’s stock worth $549,000 after purchasing an additional 10 shares during the last quarter. Finally, First National Bank of Hutchinson increased its position in Costco Wholesale by 0.9% during the first quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock worth $1,094,000 after buying an additional 10 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Costco Wholesale

In other news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction dated 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 directly owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

COST has been the topic of a number of recent research reports. Truist Financial lifted their price objective on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Bank of America increased their price target 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. BTIG Research reiterated a “buy” rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a research report on Friday, May 29th. DA Davidson reissued 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, Sanford C. Bernstein upped their price objective on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research 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 assigned a Sell rating to the stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average target price of $1,059.53.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Membership monetization remains a key growth driver. Growth in Executive memberships, improving digital conversion and rising membership-fee income could support margins and earnings even if retail sales growth moderates. Can Costco Stock Reach New Highs in Member Monetization?
• Positive Sentiment: Analysts remain generally favorable. Costco has an average “Moderate Buy” recommendation, which may provide support while investors assess the company’s recent share weakness. Costco Wholesale Receives Average Recommendation of Moderate Buy
• Positive Sentiment: Customer loyalty and expansion support the long-term case. North American membership renewal rates of 92.2%, strong cash generation and a broad warehouse expansion plan reinforce Costco’s competitive position and potential for future earnings growth. Is Now a Good Time to Buy Costco Wholesale Stock?
• Neutral Sentiment: Recent industry coverage compares Costco’s quarterly performance with other non-discretionary retailers, offering context but no clearly identified new company-specific catalyst. Q2 Earnings Highs and Lows: Costco Versus Retail Peers
• Negative Sentiment: Valuation remains the principal risk. Costco trades at more than 40 times forward earnings, leaving limited room for execution disappointments. The shares have also lagged the broader S&P 500, while TJX Companies is presented as a potentially better-value retail investment. Should Investors Be Concerned That Costco Stock Trades at Over 40 Times Forward Earnings?

Costco Wholesale Stock Down 0.8%

COST opened at $953.50 on Tuesday. The company has a market cap of $422.86 billion, a price-to-earnings ratio of 47.96, a PEG ratio of 4.57 and a beta of 0.87. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The business’s fifty day moving average is $949.34 and its two-hundred day moving average is $981.20. 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 (NASDAQ:COST) last posted its 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). 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 for the quarter, compared to analysts’ expectations of $70.12 billion. During the same quarter last year, the business posted $4.28 earnings per share. Analysts anticipate that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, July 24th. 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 presently 29.58%.

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.