Global Retirement Partners LLC Invests $19.32 Million in Costco Wholesale Corporation $COST

Global Retirement Partners LLC bought a new stake in Costco Wholesale Corporation (NASDAQ:COST) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,651 shares of the retailer’s stock, valued at approximately $19,318,000.

Other hedge funds have also modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Costco Wholesale during the fourth quarter worth $27,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Costco Wholesale in the fourth quarter valued at $28,000. Lifetime Wealth Management P.C. acquired a new stake in Costco Wholesale during the 4th quarter valued at $28,000. Entrust Financial LLC acquired a new stake in Costco Wholesale during the 4th quarter valued at $31,000. Finally, Joseph Group Capital Management purchased a new stake in Costco Wholesale during the 4th quarter worth $33,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $934.66 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm’s 50-day simple moving average is $945.92 and its 200-day simple moving average is $980.16. The firm has a market cap of $414.50 billion, a PE ratio of 47.02, a price-to-earnings-growth ratio of 4.55 and a beta of 0.87.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The firm had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same quarter last year, the business posted $4.28 earnings per share. Equities analysts forecast that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th 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, July 24th. Costco Wholesale’s payout ratio is 29.58%.

Insider Activity

In related news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred 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 approximately $4,575,653.55. This represents a 15.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco’s membership program remains a key long-term growth engine, with recurring membership revenue and renewal strength potentially supporting profitability and cash flow. Costco Has a Secret Growth Engine
• Positive Sentiment: Analysts and commentators continue to view Costco as a durable long-term compounder; one projection suggests a $10,000 investment could grow to $13,400 over five years, although that is an opinion rather than company guidance. Costco Five-Year Investment Projection
• Positive Sentiment: Costco is expanding its physical footprint with a new Celina, Texas, warehouse, while a delivery upgrade could improve convenience and sales of popular merchandise. Costco Celina Warehouse
• Positive Sentiment: A partnership with SCAN Health Plan to offer Medicare Advantage and supplemental plans could create an additional member-engagement and revenue opportunity, though the financial impact is not yet clear. Costco and SCAN Medicare Partnership
• Neutral Sentiment: New projects in Newington, New Hampshire, involving Costco and other companies are advancing, but the report provides limited information on Costco’s direct financial benefit. Newington Projects Advance
• Negative Sentiment: Costco’s premium valuation leaves little room for disappointment: the company recently reported quarterly EPS of $4.93, narrowly missing the $4.94 consensus estimate, despite revenue exceeding expectations. Its P/E ratio near 47 also increases sensitivity to weaker-than-expected results. Costco Stock Performance and Key Facts
• Negative Sentiment: Costco is refunding certain tariff duties while defending a related class-action lawsuit. Refund costs, possible liabilities, and reputational concerns may weigh on investor sentiment. Costco Tariff Refunds and Lawsuit
• Negative Sentiment: Competitive pressure is increasing as JCPenney targets the same value-oriented, “treasure hunt” retail appeal, potentially challenging Costco’s customer engagement at the margin. JCPenney Targets Costco’s Retail Strategy

Analysts Set New Price Targets

A number of brokerages have commented on COST. HC Wainwright reiterated a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Mizuho set a $1,100.00 target price on Costco Wholesale in a research note on Monday, June 1st. Guggenheim reaffirmed a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Oppenheimer boosted their price target on Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Finally, Bank of America increased their price target on Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a report on Friday, May 29th. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,059.53.

About Costco Wholesale

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.