Rakuten Investment Management Inc. grew its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 28,648.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,221 shares of the retailer’s stock after buying an additional 81,935 shares during the quarter. Costco Wholesale accounts for approximately 0.2% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 24th biggest holding. Rakuten Investment Management Inc.’s holdings in Costco Wholesale were worth $71,355,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of COST. Brighton Jones LLC lifted its position in shares of Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after buying an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Costco Wholesale by 13.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after acquiring an additional 130 shares during the period. Sivia Capital Partners LLC grew its position in shares of Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after acquiring an additional 165 shares during the period. Pinnacle Wealth Planning Services Inc. grew its position in shares of Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after acquiring an additional 23 shares during the period. Finally, Schnieders Capital Management LLC. grew its position in shares of Costco Wholesale by 2.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after acquiring an additional 182 shares during the period. Institutional investors own 68.48% of the company’s stock.
Analyst Ratings Changes
COST has been the topic of several research analyst reports. Sanford C. Bernstein upped their price objective on Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Mizuho set a $1,100.00 price objective on Costco Wholesale in a research note on Monday, June 1st. Weiss Ratings upgraded Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Evercore set a $1,100.00 price objective on Costco Wholesale in a research note on Monday, March 2nd. Finally, Truist Financial upped their price objective on Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research note 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,060.41.
Costco Wholesale News Roundup
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Analysts and market commentators highlighted Costco’s strong membership model, record gasoline sales, and expanding e-commerce and wellness offerings as signs that the company continues to deepen customer loyalty and drive higher spending. Costco Leans On Gasoline, E Commerce And Wellness To Deepen Member Value
- Positive Sentiment: Several pieces argued that Costco still looks like a premium growth story, with steady comparable sales, strong cash generation, and digital sales gaining more credit from investors. Can Costco Stock Break $1,100 by 2027?
- Positive Sentiment: Zacks described Costco as a top long-term growth stock, reinforcing the view that its scale, membership strength, and recurring demand make it attractive to growth-oriented investors. Why Costco (COST) is a Top Growth Stock for the Long-Term
- Positive Sentiment: Coverage of Costco’s Pensacola warehouse opening underscored the company’s continued expansion and dominance in the warehouse-club market, which supports the bull case for future revenue growth. Costco’s dominance shows why its Pensacola debut matters
- Neutral Sentiment: Other articles mostly repeated the same positive thesis—trending stock status, digital sales outpacing the core business, and strong investor interest—without adding major new company-specific catalysts. Costco Wholesale Corporation (COST) Shows How Digitally Enabled Sales Are Outrunning Its Core Business
- Negative Sentiment: One broader retail article focused on Walmart’s slowing core U.S. business, which could keep investors cautious about the retail sector even as Costco continues to stand out. The Number That Could Test Walmart Stock
Costco Wholesale Price Performance
Costco Wholesale stock opened at $979.45 on Tuesday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. 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 business’s 50 day simple moving average is $1,004.63 and its 200 day simple moving average is $967.91. The company has a market cap of $434.37 billion, a price-to-earnings ratio of 49.27, a PEG ratio of 4.76 and a beta of 0.88.
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.94 by ($0.01). The company had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same quarter in the prior year, the company earned $4.28 EPS. Sell-side analysts forecast that Costco Wholesale Corporation will post 20.38 EPS 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 given a dividend of $1.47 per share. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, May 1st. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.
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.
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