SVB Wealth LLC Decreases Stock Holdings in Costco Wholesale Corporation $COST

SVB Wealth LLC reduced its position in Costco Wholesale Corporation (NASDAQ:COST) by 27.3% during the first quarter, Holdings Channel reports. The institutional investor owned 8,911 shares of the retailer’s stock after selling 3,346 shares during the quarter. SVB Wealth LLC’s holdings in Costco Wholesale were worth $8,879,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Palisade Asset Management LLC lifted its position in Costco Wholesale by 1.4% during the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock valued at $605,000 after acquiring an additional 10 shares during the last quarter. Graybill Wealth Management LTD. increased its position in shares of Costco Wholesale by 0.3% during the fourth quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock worth $2,754,000 after purchasing an additional 10 shares in the last quarter. Lbmc Investment Advisors LLC increased its position in shares of Costco Wholesale by 0.5% during the fourth quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer’s stock worth $1,760,000 after purchasing an additional 10 shares in the last quarter. Somerset Group LLC lifted its holdings in shares of Costco Wholesale by 0.3% during the 3rd quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock valued at $3,906,000 after purchasing an additional 11 shares during the last quarter. Finally, Hughes Financial Services LLC lifted its holdings in shares of Costco Wholesale by 4.3% during the 3rd quarter. Hughes Financial Services LLC now owns 268 shares of the retailer’s stock valued at $245,000 after purchasing an additional 11 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of COST stock opened at $957.68 on Wednesday. The firm has a market capitalization of $424.71 billion, a price-to-earnings ratio of 48.17, a price-to-earnings-growth ratio of 4.61 and a beta of 0.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The business has a fifty day moving average of $997.76 and a 200 day moving average of $969.87. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last posted 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 firm had revenue of $70.53 billion for 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 in the previous year, the firm posted $4.28 EPS. As a group, research analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $1.47 dividend. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 1st. Costco Wholesale’s payout ratio is currently 29.58%.

Key Costco Wholesale News

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

• Positive Sentiment: Analysts and financial coverage say Costco’s membership model looks stronger, citing high renewal rates, executive upgrades, and solid membership-fee growth that could support future earnings. Is Costco Wholesale’s Membership Model Getting Even Stronger?
• Positive Sentiment: New store approvals and openings in Macon and Pensacola reinforce Costco’s continued warehouse expansion, which can drive long-term membership growth and sales. Coming Soon: New Costco approved for Macon Here’s when you can step inside Pensacola’s first Costco
• Positive Sentiment: Coverage of Costco adding frozen Greek yogurt cups and other popular items highlights the retailer’s ability to keep members engaged with new, value-oriented products. Costco adds frozen Greek yogurt cups from brand customers call ‘top tier’
• Positive Sentiment: Several consumer-facing stories about savings, electronics, and discounted gift cards underline Costco’s appeal as a value destination, which supports traffic and retention. 10 Of The Coolest New Costco Electronics Of 2026 (So Far) Discover 5 Costco perks that can save retirees over $500 annually Costco Is Selling PlayStation Gift Cards At An Unbeatable Price
• Neutral Sentiment: Broader retail news about Amazon Prime Day and inflation is drawing attention to consumer spending and pricing pressure, but it is not directly specific to Costco’s near-term fundamentals. Amazon’s Prime Day sale could spur $26.3B in US e-commerce As Inflation Hits 3-Year High, These 2 ETFs Are Designed to Hedge Against Rising Costs
• Negative Sentiment: One report notes Costco members voicing inventory complaints, while a separate article on overstocked retailers suggests excess inventory and inflation remain challenges across retail, which could pressure margins if conditions worsen. Costco members voice surprising inventory complaint Retailers Overstocked to Avoid Tariffs. Then Inflation Hit.

Analysts Set New Price Targets

Several research analysts recently weighed in on COST shares. Sanford C. Bernstein boosted their target price on Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Oppenheimer increased their price target on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Jefferies Financial Group reissued a “buy” rating and issued a $1,050.00 price target on shares of Costco Wholesale in a report on Thursday, March 5th. Weiss Ratings upgraded Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Finally, Bank of America increased their price objective on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,061.45.

Costco Wholesale 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.