Clear Street Group Inc. grew its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 106.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,411 shares of the retailer’s stock after purchasing an additional 7,931 shares during the quarter. Clear Street Group Inc.’s holdings in Costco Wholesale were worth $13,290,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Hurley Capital LLC lifted its holdings in shares of Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after purchasing an additional 18 shares in the last quarter. Entrust Financial LLC purchased a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $31,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Costco Wholesale during the third quarter valued at approximately $34,000. Joseph Group Capital Management purchased a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $33,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Costco Wholesale during the third quarter valued at approximately $36,000. Institutional investors own 68.48% of the company’s stock.
Analyst Ratings Changes
COST has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their price target on 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. Roth Mkm increased their price target on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft increased their price target on Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Mizuho set a $1,100.00 price target on Costco Wholesale in a research report on Monday, June 1st. Finally, BTIG Research reaffirmed a “buy” rating and set a $1,125.00 price target on shares of Costco Wholesale in a research report on Friday, May 29th. Twenty-two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,060.41.
Key Costco Wholesale News
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 earnings forecasts for Costco, signaling expectations for stronger profitability ahead.
- Positive Sentiment: Commentary in 24/7 Wall St. emphasized Costco’s membership-fee model as a resilient source of recurring revenue that can support long-term earnings growth.
- Positive Sentiment: Barchart coverage noted Costco as one of the retail names rewarding shareholders with a higher dividend, reinforcing the company’s capital-return appeal.
- Neutral Sentiment: Coverage that Costco offers shopping without a membership in limited cases is mainly informational and not likely to materially affect the stock.
- Neutral Sentiment: The Iowa court decision involving a former Costco manager appears to be a legal headline with limited direct impact on the company’s overall financial outlook.
- Negative Sentiment: Bloomberg reported rising plastic input costs may lead to higher prices for consumer goods later this year, which could add inflation pressure to Costco’s retail environment and potentially squeeze margins or demand.
Costco Wholesale Price Performance
Shares of NASDAQ COST opened at $982.35 on Friday. The stock has a market cap of $435.65 billion, a PE ratio of 49.41, a price-to-earnings-growth ratio of 4.76 and a beta of 0.88. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The stock has a fifty day moving average of $1,005.34 and a 200-day moving average of $966.74.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly 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). The company had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter last year, the firm posted $4.28 earnings per share. Equities research analysts anticipate that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.
Costco Wholesale Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, May 1st. Costco Wholesale’s dividend payout ratio (DPR) is presently 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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