Truist Financial Cuts Costco Wholesale (NASDAQ:COST) Price Target to $955.00

Costco Wholesale (NASDAQ:COST) had its target price trimmed by Truist Financial from $1,011.00 to $955.00 in a report published on Friday, MarketBeat.com reports. The brokerage currently has a hold rating on the retailer’s stock.

COST has been the topic of a number of other reports. JPMorgan Chase & Co. reduced their price target on shares of Costco Wholesale from $1,100.00 to $1,015.00 and set an “overweight” rating on the stock in a research report on Friday. Mizuho lowered their price objective on shares of Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating for the company in a research report on Friday. Citigroup began coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 price objective on the stock. Oppenheimer reissued an “outperform” rating and issued a $1,160.00 target price on shares of Costco Wholesale in a report on Wednesday, September 16th. Finally, Raymond James Financial decreased their target price on Costco Wholesale from $1,100.00 to $1,050.00 and set an “outperform” rating for the company in a research note on Friday. Twenty-two analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,045.67.

Costco Wholesale Price Performance

Shares of COST stock opened at $922.77 on Friday. The firm has a fifty day moving average of $933.96 and a two-hundred day moving average of $967.60. The firm has a market cap of $409.23 billion, a P/E ratio of 44.45, a P/E/G ratio of 3.86 and a beta of 0.86. Costco Wholesale has a 1-year low of $844.06 and a 1-year high of $1,096.50. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62.

Costco Wholesale (NASDAQ:COST) last released its earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.21. The company had revenue of $95.72 billion for the quarter, compared to the consensus estimate of $94.97 billion. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. As a group, research analysts anticipate that Costco Wholesale will post 22.57 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a dividend of $1.47 per share. The ex-dividend date was Friday, July 24th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is currently 28.32%.

Hedge Funds Weigh In On Costco Wholesale

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Costco Wholesale during the 4th quarter valued at $27,000. Lifetime Wealth Management P.C. bought a new position in shares of Costco Wholesale in the fourth quarter worth $28,000. C M Bidwell & Associates Ltd. bought a new position in shares of Costco Wholesale in the second quarter worth $28,000. Burk Holdings LLC acquired a new position in shares of Costco Wholesale during the second quarter valued at $30,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Costco Wholesale during the second quarter valued at $30,000. 68.48% of the stock is owned by institutional investors.

Costco Wholesale News Roundup

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

• Positive Sentiment: Quarterly beat and resilient demand: Costco reported $6.75 in adjusted EPS versus a $6.54 consensus estimate and revenue of $95.72 billion versus expectations of $94.97 billion. Net income rose 14.9% year over year, while comparable sales increased 9.4%, reflecting continued demand for essential goods amid economic uncertainty. Costco fourth-quarter earnings
• Positive Sentiment: Digital and membership engagement remain healthy: Digitally enabled comparable sales surged 19.5%, supported by broad-based gains across categories. Costco also highlighted younger members, strong renewal rates and plans to accelerate digital investment. Costco Q4 earnings call highlights
• Positive Sentiment: Expansion supports the long-term growth story: Management plans to open 33 new warehouses in fiscal 2027, while pharmacy, gasoline and international operations contributed to the latest results. Analysts including Goldman Sachs, UBS and Bernstein remain constructive, despite adjusting some price targets. Costco expansion plans
• Neutral Sentiment: Tariff refunds boosted earnings: A $184 million tariff refund contributed approximately $0.15 per share to fourth-quarter EPS. Costco said most of the money will be reinvested in lower prices for produce, meat, beverages and other merchandise, which may support customer loyalty but makes the earnings beat less reflective of recurring profitability. Costco tariff refunds
• Negative Sentiment: Membership growth is the key concern: Analysts noted that membership-fee growth has slowed significantly. Because recurring membership income is central to Costco’s valuation and future guidance, investors may require continued gains in members and renewal rates to justify the stock’s elevated earnings multiple.
• Negative Sentiment: Valuation and cost pressures temper enthusiasm: With a price-to-earnings ratio above 46, some analysts argue that much of Costco’s execution is already priced in. Rising memory-component costs also led to a $152 million electronics-related charge, while several firms lowered price targets following the report. Costco valuation analysis

About Costco Wholesale

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.