Continuum Advisory LLC Sells 669 Shares of Costco Wholesale Corporation $COST

Continuum Advisory LLC lowered its stake in Costco Wholesale Corporation (NASDAQ:COST) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,526 shares of the retailer’s stock after selling 669 shares during the quarter. Continuum Advisory LLC’s holdings in Costco Wholesale were worth $6,105,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC grew its holdings in Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after buying an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Costco Wholesale by 13.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after acquiring an additional 130 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after acquiring an additional 165 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in shares of Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after acquiring an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its holdings in shares of Costco Wholesale by 2.2% in the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after purchasing an additional 182 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $934.66 on Friday. The company has a market capitalization of $414.50 billion, a PE ratio of 47.02, a P/E/G ratio of 4.55 and a beta of 0.87. The company has a 50-day simple moving average of $945.92 and a two-hundred day simple moving average of $980.16. Costco Wholesale Corporation has a one year low of $844.06 and a one year 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.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share 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 business had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same period in the previous year, the business earned $4.28 EPS. Research analysts expect that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a dividend of $1.47 per share. The ex-dividend date was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

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

Insider Activity

In related news, Director Kenneth D. Denman sold 885 shares of the 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 completion of the transaction, the director directly owned 4,779 shares of the company’s stock, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

COST has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,120.00 price target on shares of Costco Wholesale in a research note on Thursday, August 6th. Mizuho set a $1,100.00 target price on shares of Costco Wholesale in a report on Monday, June 1st. TD Cowen restated a “buy” rating and set a $1,175.00 target price on shares of Costco Wholesale in a research report on Wednesday, June 3rd. Sanford C. Bernstein lifted their price target on Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Finally, The Goldman Sachs Group boosted their price objective on Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus 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.