Independent Solutions Wealth Management LLC Sells 9,742 Shares of Costco Wholesale Corporation $COST

Independent Solutions Wealth Management LLC trimmed its position in Costco Wholesale Corporation (NASDAQ:COST) by 46.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,363 shares of the retailer’s stock after selling 9,742 shares during the quarter. Costco Wholesale makes up 1.8% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Independent Solutions Wealth Management LLC’s holdings in Costco Wholesale were worth $9,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the company. Staley Capital Advisers Inc. increased its stake in Costco Wholesale by 24.3% in the fourth quarter. Staley Capital Advisers Inc. now owns 512 shares of the retailer’s stock valued at $442,000 after acquiring an additional 100 shares during the last quarter. Guardian Capital LLC bought a new position in Costco Wholesale in the fourth quarter valued at approximately $2,539,000. Chancellor Financial Group WB LP increased its stake in Costco Wholesale by 0.8% in the fourth quarter. Chancellor Financial Group WB LP now owns 1,423 shares of the retailer’s stock valued at $1,227,000 after acquiring an additional 11 shares during the last quarter. Evergreen Wealth Partners LLC bought a new position in Costco Wholesale in the fourth quarter valued at approximately $1,790,000. Finally, Security National Bank increased its stake in Costco Wholesale by 3.0% in the fourth quarter. Security National Bank now owns 7,080 shares of the retailer’s stock valued at $6,105,000 after acquiring an additional 205 shares during the last quarter. 68.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group decreased their price objective on shares of Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Jefferies Financial Group reissued a “buy” rating and issued a $1,050.00 price objective on shares of Costco Wholesale in a research note on Thursday, March 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $1,192.00 target price on shares of Costco Wholesale in a research note on Tuesday. Telsey Advisory Group boosted their target price on shares of Costco Wholesale from $1,125.00 to $1,135.00 and gave the stock an “outperform” rating in a research note on Thursday, April 9th. Finally, Truist Financial boosted their target price on shares of Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a research note on Friday, March 6th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Costco opened a long-awaited warehouse in New Braunfels, Texas, adding to its store base and reinforcing investor confidence in continued unit growth and market expansion. Long-awaited Costco Wholesale now open in New Braunfels
• Positive Sentiment: Another report confirmed the New Braunfels store is now open for business, underscoring Costco’s ongoing rollout of new locations that can support membership and revenue growth. Costco Wholesale now open for business in New Braunfels
• Positive Sentiment: Analysts and market commentary continue to favor Costco’s membership-driven model, saying it benefits from resilient grocery demand and supports steady growth even in a volatile retail backdrop. WMT or COST: Which Retail Giant Looks More Attractive Now?
• Positive Sentiment: Costco’s purchase of a 55-acre property in Florida suggests the company is still investing in significant long-term store growth, which investors typically view as a sign of confidence in future demand. Costco Just Signed Off on a Massive Retail Real Estate Deal in Florida. Here’s What Investors Need to Know About Costco’s Store Growth Goals.
• Neutral Sentiment: Articles debating whether Costco is still a good buy after its multi-year rally mostly reinforce that the stock remains a quality business but is expensive, making the reaction more about valuation than any new fundamental change. Is It Too Late To Consider Costco Wholesale (COST) After Its Strong Multi Year Rally
• Neutral Sentiment: Coverage on Costco’s food court chicken tender launch is generating consumer buzz, but the main takeaway is mixed, with some concerns about whether it replaces a favorite item rather than clearly boosting the investment outlook. Costco food court chicken tender launch sparks concerns over item replacement
• Negative Sentiment: Some recent commentary flags Costco’s premium valuation and argues the stock may be difficult to justify at current levels, which can temper enthusiasm despite strong fundamentals. Costco: Strong Fundamentals Meet Growth Premium – A Hold Entering FQ3’26
• Negative Sentiment: Another Seeking Alpha piece argues there is a reason to sell Costco beyond valuation, adding to the cautious tone around the stock’s elevated price level. Costco: Another Reason To Sell (Besides The Valuation)

Costco Wholesale Stock Performance

NASDAQ COST opened at $1,048.95 on Friday. The firm’s fifty day moving average price is $1,000.90 and its two-hundred day moving average price is $955.06. The stock has a market cap of $465.37 billion, a PE ratio of 54.55, a PEG ratio of 5.16 and a beta of 0.92. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,067.08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. The company had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. Costco Wholesale’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.02 earnings per share. On average, equities analysts expect that Costco Wholesale Corporation will post 20.31 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, May 1st. Costco Wholesale’s dividend payout ratio (DPR) is presently 30.58%.

Insider Activity at Costco Wholesale

In other news, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction on Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the transaction, the executive vice president owned 6,121 shares in the company, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

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.