Etesian Wealth Advisors Inc. cut its position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 14.7% during the 1st quarter, HoldingsChannel reports. The firm owned 5,639 shares of the retailer’s stock after selling 973 shares during the quarter. Costco Wholesale makes up about 1.8% of Etesian Wealth Advisors Inc.’s investment portfolio, making the stock its 14th largest position. Etesian Wealth Advisors Inc.’s holdings in Costco Wholesale were worth $5,619,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FORA Capital LLC acquired a new position in Costco Wholesale during the 3rd quarter worth $2,781,000. World Investment Advisors increased its holdings in shares of Costco Wholesale by 8.4% during the fourth quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock valued at $15,835,000 after purchasing an additional 1,560 shares during the period. Teacher Retirement System of Texas increased its holdings in shares of Costco Wholesale by 24.5% during the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock valued at $121,098,000 after purchasing an additional 27,625 shares during the period. Curtis Advisory Group LLC raised its stake in shares of Costco Wholesale by 56.7% during the fourth 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 stake in shares of Costco Wholesale during the fourth quarter valued at about $9,300,000. 68.48% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Bernstein named Costco one of its top retail picks for the rest of 2026, reinforcing the view that the company remains a long-term winner thanks to its strong membership model, resilient traffic, and steady share gains. Costco Stock (COST) Crowned Top Retail Pick for the Rest of 2026 — Here’s Why
- Positive Sentiment: New coverage highlighted Costco’s AI efforts, noting that the company is using artificial intelligence to improve product listings and search, with digital traffic reportedly tripling and conversion rates strengthening. Costco (COST) Is Using AI To Triple Digital Traffic And Lift Conversions
- Positive Sentiment: Several articles pointed to Costco’s durable growth drivers, including high membership renewal rates, new warehouse openings, fuel stations, and e-commerce expansion, supporting the bull case for continued earnings growth. Can Costco Stock Reach $1,000 by the End of 2026?
- Neutral Sentiment: Costco-related lifestyle and product stories, including new bakery and bagel items, may help keep customers engaged, but they are unlikely to materially move the stock on their own. Costco shoppers are craving a hot new bakery item: ‘Give me 30’
- Neutral Sentiment: Citi’s resumed coverage with a Neutral rating and $1,020 target suggests Costco is viewed as a strong business, but with limited upside at current levels, which can temper enthusiasm near-term. Citi Resumes Coverage of Costco (COST)
- Negative Sentiment: Some commentary raised valuation and growth concerns, arguing that Costco’s premium multiple leaves less room for upside and that one of its key growth engines could be slowing, helping explain why the shares slipped despite positive headlines. Costco’s secret growth engine may be running out of gas
Costco Wholesale Trading Down 0.6%
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly 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 business had revenue of $70.53 billion during the quarter, compared to analyst estimates 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 last year, the firm posted $4.28 EPS. On average, research analysts anticipate 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. Investors of record on Friday, May 1st were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend 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 presently 29.58%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on COST shares. The Goldman Sachs Group increased their target price on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Raymond James Financial boosted their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Evercore set a $1,100.00 price target on shares of Costco Wholesale in a research note on Monday, March 2nd. TD Cowen reiterated a “buy” rating and issued a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Finally, UBS Group raised their price objective on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,061.45.
Read Our Latest Analysis on Costco Wholesale
Insider Activity
In other news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the sale, the director directly owned 4,779 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by insiders.
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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