New York Life Investment Management LLC increased its position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,747 shares of the retailer’s stock after buying an additional 539 shares during the quarter. New York Life Investment Management LLC’s holdings in Costco Wholesale were worth $52,385,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its holdings in Costco Wholesale by 1,586.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock worth $980,857,000 after acquiring an additional 1,070,005 shares during the last quarter. Amundi boosted its holdings in shares of Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after purchasing an additional 986,182 shares during the period. Voloridge Investment Management LLC grew its stake in shares of Costco Wholesale by 112.2% in the third quarter. Voloridge Investment Management LLC now owns 477,425 shares of the retailer’s stock worth $441,919,000 after purchasing an additional 252,453 shares during the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in Costco Wholesale during the 4th quarter valued at about $213,362,000. Finally, Worldquant Millennium Advisors LLC increased its holdings in Costco Wholesale by 638.7% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 227,310 shares of the retailer’s stock valued at $225,023,000 after purchasing an additional 196,537 shares during the period. 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: Costco acquired a 55-acre site in Fort Myers, Florida, signaling room for a major new warehouse or related retail development and supporting its expansion strategy. Costco Acquires 55-Acre Site in Fort Myers, Marking One of Southwest Florida’s Largest and Highest-Value Land Sales
- Positive Sentiment: New commentary highlighted Costco’s strong membership economics, noting 82.1 million paid memberships and an 89.7% global renewal rate, which suggests resilient recurring revenue even as inflation pressures households. Inflation Just Hit 3.8% and Nine Out of Ten Costco Members Re-Up Every Year. Here Is Why That Math Matters.
- Positive Sentiment: Additional bullish coverage emphasized Costco’s durable business model and continued store-growth potential, reinforcing investor confidence in the company’s long-term earnings power. Costco Just Signed Off on a Massive Retail Real Estate Deal in Florida. Here’s What Investors Need to Know About Costco’s Store Growth Goals.
- Neutral Sentiment: One analyst note argued Costco remains a strong company but is still trading at a premium valuation, which may temper enthusiasm even with solid fundamentals. Costco: Strong Fundamentals Meet Growth Premium – A Hold Entering FQ3’26
- Negative Sentiment: Another Seeking Alpha piece raised a bearish view on Costco, suggesting valuation remains a reason to sell despite the company’s operational strength. Costco: Another Reason To Sell (Besides The Valuation)
Insider Transactions at Costco Wholesale
Costco Wholesale Stock Performance
Costco Wholesale stock opened at $1,041.25 on Friday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,067.08. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $461.95 billion, a P/E ratio of 54.15, a PEG ratio of 5.09 and a beta of 0.92. The stock’s 50 day moving average is $1,000.06 and its 200 day moving average is $954.40.
Costco Wholesale (NASDAQ:COST – Get Free Report) last released its earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, topping the consensus estimate of $4.55 by $0.03. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. During the same period in the previous year, the company posted $4.02 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, equities research analysts predict that Costco Wholesale Corporation will post 20.32 earnings per share for the current fiscal year.
Costco Wholesale Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio (DPR) is presently 30.58%.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on COST shares. Deutsche Bank Aktiengesellschaft increased their price objective on Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wells Fargo & Company raised their target price on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 9th. UBS Group set a $1,175.00 target price on shares of Costco Wholesale in a research note on Friday, March 6th. Weiss Ratings raised shares of Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 17th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Twenty-two investment 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.
Read Our Latest Research Report on COST
About Costco Wholesale
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.
Read More
- Five stocks we like better than Costco Wholesale
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
