Krilogy Financial LLC Raises Position in Costco Wholesale Corporation $COST

Krilogy Financial LLC lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 19.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,810 shares of the retailer’s stock after acquiring an additional 614 shares during the period. Krilogy Financial LLC’s holdings in Costco Wholesale were worth $3,761,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in COST. Kennebec Savings Bank boosted its stake in Costco Wholesale by 2.4% in the 1st quarter. Kennebec Savings Bank now owns 1,430 shares of the retailer’s stock worth $1,425,000 after buying an additional 34 shares during the last quarter. WealthBridge Capital Management LLC increased its stake in shares of Costco Wholesale by 2.6% during the 1st quarter. WealthBridge Capital Management LLC now owns 720 shares of the retailer’s stock valued at $718,000 after acquiring an additional 18 shares during the last quarter. Signal Advisors Wealth LLC lifted its holdings in shares of Costco Wholesale by 17.3% during the 1st quarter. Signal Advisors Wealth LLC now owns 1,022 shares of the retailer’s stock worth $1,018,000 after acquiring an additional 151 shares during the period. Stonebridge Financial Group LLC MO lifted its holdings in shares of Costco Wholesale by 1.9% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 579 shares of the retailer’s stock worth $577,000 after acquiring an additional 11 shares during the period. Finally, Sovereign Financial Group Inc. boosted its position in shares of Costco Wholesale by 2.1% in the first quarter. Sovereign Financial Group Inc. now owns 1,816 shares of the retailer’s stock worth $1,810,000 after acquiring an additional 37 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on COST. Mizuho set a $1,100.00 target price on shares of Costco Wholesale in a report on Monday, June 1st. Wells Fargo & Company increased their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Sanford C. Bernstein lifted their price target on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a research note on Monday, March 2nd. Finally, BTIG Research restated a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a report on Friday, May 29th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,061.45.

Costco Wholesale Stock Up 0.3%

COST opened at $960.78 on Thursday. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm has a 50 day moving average price of $997.36 and a 200 day moving average price of $970.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The company has a market cap of $426.09 billion, a PE ratio of 48.33, a price-to-earnings-growth ratio of 4.64 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results 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 net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. During the same period last year, the firm earned $4.28 earnings per share. Sell-side analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a $1.47 dividend. The ex-dividend date was Friday, May 1st. This represents a $5.88 annualized dividend and a yield of 0.6%. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s payout ratio is currently 29.58%.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Several analysts and market commentators remained constructive on Costco, highlighting its resilient membership model, digital gains, and global expansion as reasons it may outperform other retailers. Costco vs. Target: Which Discount Retailer Holds More Promise?
• Positive Sentiment: Costco also drew favorable valuation/upside coverage, with one report calling for about 10% upside and a path toward $1,000 per share, reinforcing the idea that the recent pullback may be an entry point. Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside
• Positive Sentiment: News that Costco is opening two new locations this week, plus approval for another warehouse site, underscores continued store-count expansion and long-term growth potential. Costco is opening 2 new locations this week. See where ‘I can say it’s a Costco’ | engineer says as P&Z approves rezoning for wholesale warehouse
• Positive Sentiment: Coverage comparing Costco with Target emphasized that Costco’s quarterly sales are now more than double Target’s, with seasonal sales strength highlighting the power of its warehouse model. Target vs. Costco: What Their Revenue Trends Tell Investors
• Neutral Sentiment: Articles also framed Costco as a defensive stock that could hold up well during a market correction, which supports investor confidence but is not company-specific news. Costco, Exxon, and 17 More Winners if the Market Drops
• Neutral Sentiment: Recent commentary noted strong sales growth and high membership renewals, but also said the stock fell anyway, suggesting investors may be weighing valuation after a strong run. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
• Neutral Sentiment: Additional pieces about new products, store openings, and shopping trends mainly reinforce Costco’s brand strength and traffic drivers, but are less likely to move the stock on their own.

Costco Wholesale Company Profile

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.