Costco Wholesale Corporation (NASDAQ:COST) Receives $1,056.03 Average Price Target from Brokerages

Shares of Costco Wholesale Corporation (NASDAQ:COST) have been given a consensus rating of “Moderate Buy” by the thirty-four research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and twenty-two have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $1,052.6452.

Several brokerages have weighed in on COST. TD Cowen reaffirmed a “buy” rating and issued a $1,175.00 target price on shares of Costco Wholesale in a research report on Wednesday, June 3rd. Truist Financial boosted their price target on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a report on Friday, May 29th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Oppenheimer restated an “outperform” rating and set a $1,160.00 price target on shares of Costco Wholesale in a research report on Wednesday. Finally, Sanford C. Bernstein set a $1,144.00 price objective on shares of Costco Wholesale in a report on Friday, September 4th.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

Hedge funds have recently made changes to their positions in the business. Wellington Altus USA Inc. grew its holdings in Costco Wholesale by 16.3% in the 2nd quarter. Wellington Altus USA Inc. now owns 1,166 shares of the retailer’s stock worth $1,162,000 after buying an additional 163 shares in the last quarter. Reynders McVeigh Capital Management LLC increased its position in Costco Wholesale by 1.7% in the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 10,721 shares of the retailer’s stock valued at $10,030,000 after acquiring an additional 182 shares during the period. Bullseye Investment Management LLC bought a new stake in Costco Wholesale during the 2nd quarter valued at $35,000. Talon Private Wealth LLC raised its stake in Costco Wholesale by 21.7% during the 2nd quarter. Talon Private Wealth LLC now owns 1,033 shares of the retailer’s stock valued at $966,000 after acquiring an additional 184 shares in the last quarter. Finally, Marathon Wealth Advisors LLC boosted its position in Costco Wholesale by 1.2% during the 2nd quarter. Marathon Wealth Advisors LLC now owns 5,858 shares of the retailer’s stock worth $5,480,000 after acquiring an additional 67 shares during the period. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Up 0.0%

Shares of NASDAQ COST opened at $893.93 on Friday. Costco Wholesale has a 12-month low of $844.06 and a 12-month high of $1,096.50. The company has a market cap of $396.44 billion, a price-to-earnings ratio of 44.97, a price-to-earnings-growth ratio of 3.72 and a beta of 0.86. 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 stock’s 50 day simple moving average is $936.97 and its 200 day simple moving average is $971.73.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, July 24th. Costco Wholesale’s payout ratio is presently 29.58%.

Costco Wholesale News Summary

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

• Positive Sentiment: Nationwide delivery expansion: Costco is expanding same-day delivery through DoorDash across U.S. warehouses and Uber Eats across 47 states, reaching nearly 600 locations. The initiative could improve convenience, increase digital sales and support membership retention at a time when membership growth is slowing. Costco and DoorDash Launch Same-Day Delivery in US
• Positive Sentiment: Underlying business remains resilient: UBS highlighted the durability of Costco’s membership-based model, while BofA said its value strategy may help it attract consumers amid economic uncertainty. Fiscal 2026 sales reportedly reached $297.3 billion, up 10.2% year over year. Costco Wholesale’s Business Model Remains Durable Ahead of Fiscal Q4
• Positive Sentiment: Continued store growth: Costco announced an opening date for its long-awaited Camarillo, California, warehouse and is expected to open several additional stores, supporting long-term sales and membership expansion. Long-awaited Costco Wholesale Camarillo site gets opening date
• Neutral Sentiment: Earnings are the next major catalyst: Costco will report fiscal fourth-quarter results on September 24. Analysts expect earnings growth but are divided on whether the company can meet estimates, while investors may also watch for a potential special dividend.
• Negative Sentiment: Margin and valuation concerns remain: BofA cut its price target to $1,095 from $1,200 because of rising supply-chain costs, although it maintained a Buy rating. Other commentary warns that Costco’s high earnings multiple and relatively low dividend yield leave limited room for disappointment. Costco faces margin pressure as BofA cuts price target
• Negative Sentiment: Membership trends are a risk: Reports indicate membership declined year over year, making the delivery partnerships an important effort to rebuild engagement. Competition from Aldi and other value-focused retailers could further pressure customer growth.
• Negative Sentiment: Higher input costs: Costco nearly doubled the price of Kirkland motor oil and limited purchases amid global supply pressures, highlighting potential inflationary and customer-satisfaction risks. Costco raises prices of Kirkland motor oil

Costco Wholesale Company Profile

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.