Costco Wholesale Corporation $COST Shares Sold by Omega Financial Group LLC

Omega Financial Group LLC decreased its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 38.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 975 shares of the retailer’s stock after selling 618 shares during the quarter. Omega Financial Group LLC’s holdings in Costco Wholesale were worth $841,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of COST. Hurley Capital LLC raised its holdings in Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after purchasing an additional 18 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale in the 3rd quarter worth about $34,000. Collier Financial acquired a new position in Costco Wholesale in the 3rd quarter worth about $35,000. AXS Investments LLC acquired a new position in Costco Wholesale in the 3rd quarter worth about $36,000. Finally, Imprint Wealth LLC acquired a new position in Costco Wholesale in the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Oppenheimer upped their price target on Costco Wholesale from $1,050.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. UBS Group set a $1,175.00 price target on Costco Wholesale in a report on Friday, March 6th. TD Cowen reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Friday, March 6th. Mizuho upped their price target on Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Finally, Wells Fargo & Company boosted their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,045.97.

Insiders Place Their Bets

In related news, EVP Claudine Adamo sold 730 shares of the 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 value of $732,204.60. Following the completion of the transaction, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Costco Wholesale Price Performance

COST stock opened at $1,014.38 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59. The business has a 50 day simple moving average of $997.26 and a 200-day simple moving average of $947.11. The firm has a market capitalization of $450.03 billion, a PE ratio of 52.75, a price-to-earnings-growth ratio of 4.95 and a beta of 0.99. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data 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 company had revenue of $69.60 billion during 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 firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.02 earnings per share. Equities research analysts anticipate that Costco Wholesale Corporation will post 20.31 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be given a $1.47 dividend. The ex-dividend date is Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.04%.

Key Costco Wholesale News

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

• Positive Sentiment: Local expansion — Haltom City won a Costco Business Center with an attached fuel station, signaling continued footprint growth and fuel-margin revenue opportunities in a new market. Haltom City lands Costco Business Center, fuel station in major economic win
• Positive Sentiment: New store momentum — A Pensacola Costco has a tentative opening date, underscoring steady unit growth that supports longer-term sales and membership expansion. Pensacola’s Costco has an opening date. Sort of.
• Positive Sentiment: Strategic rollout — Costco says it aims to open dozens more warehouses in the coming years, a clear growth plan that supports revenue and membership metrics. Expansion cadence is a direct driver of sales growth. Costco aims for dozens more warehouses in coming years: Here’s when the newest open
• Positive Sentiment: Shareholder return — The board approved a ~13% quarterly dividend increase to $1.47 per share, raising the annualized payout and making the stock more attractive to income-focused investors. Costco (COST) Approves Quarterly Dividend Increase Amid Robust Sales Growth
• Positive Sentiment: Investor bullishness — Analysis pieces argue that Costco remains a sector leader and that buying on recent pullbacks could be compelling for long-term investors, supporting demand for the stock. With Costco Down 7% From Its All-Time High, Could Buying Now Set You Up for Life?
• Neutral Sentiment: Market context — Coverage notes COST outperformed a weak market session, reflecting defensive demand but not changing fundamentals. Short-term price action may be tied to market rotation rather than new company catalysts. Costco (COST) Ascends While Market Falls: Some Facts to Note
• Neutral Sentiment: Valuation discussion — Several analyst/opinion pieces question whether COST is “too expensive” near $1,000 a share despite strong fundamentals; valuation concerns could temper further rapid upside. Is Costco’s Stock Too Expensive Now?
• Negative Sentiment: Rising competition — BJ’s Wholesale Club is expanding in Texas with new locations and low gas prices, representing localized competitive pressure that could affect membership and fuel margins in those markets. New BJ’s locations Texas: Club rivaling Costco, Sam’s expands to Texas

Costco Wholesale Company 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.