Thoroughbred Financial Services LLC Sells 547 Shares of Costco Wholesale Corporation $COST

Thoroughbred Financial Services LLC reduced its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,729 shares of the retailer’s stock after selling 547 shares during the period. Thoroughbred Financial Services LLC’s holdings in Costco Wholesale were worth $7,527,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Brown Wealth Management LLC increased its position in Costco Wholesale by 3.7% in the 3rd quarter. Brown Wealth Management LLC now owns 305 shares of the retailer’s stock worth $282,000 after buying an additional 11 shares during the period. Caliber Wealth Management LLC KS increased its position in Costco Wholesale by 1.7% in the 3rd quarter. Caliber Wealth Management LLC KS now owns 655 shares of the retailer’s stock worth $606,000 after buying an additional 11 shares during the period. Somerset Group LLC increased its position in Costco Wholesale by 0.3% in the 3rd quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock worth $3,906,000 after buying an additional 11 shares during the period. Hughes Financial Services LLC increased its position in Costco Wholesale by 4.3% in the 3rd quarter. Hughes Financial Services LLC now owns 268 shares of the retailer’s stock worth $245,000 after buying an additional 11 shares during the period. Finally, Bank & Trust Co increased its position in Costco Wholesale by 18.3% in the 4th quarter. Bank & Trust Co now owns 71 shares of the retailer’s stock worth $61,000 after buying an additional 11 shares during the period. 68.48% of the stock is owned by institutional investors.

Costco Wholesale Stock Performance

COST opened at $1,003.69 on Thursday. The stock has a market cap of $445.29 billion, a PE ratio of 52.19, a P/E/G ratio of 4.93 and a beta of 0.92. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The stock’s 50 day simple moving average is $1,008.29 and its 200-day simple moving average is $962.02.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Wednesday, March 11th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The business had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $4.02 earnings per share. Sell-side analysts forecast that Costco Wholesale Corporation will post 20.33 EPS for the current year.

Costco Wholesale Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. This is a positive change 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 currently 30.58%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the sale, the executive vice president directly owned 6,121 shares in the company, valued at $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on COST. Mizuho lifted their price target on Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Evercore set a $1,100.00 price target on Costco Wholesale in a research report on Monday, March 2nd. Raymond James Financial boosted their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Rothschild & Co Redburn boosted their price objective on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Finally, Bank of America assumed coverage on Costco Wholesale in a research report on Friday, February 27th. They set a “buy” rating and a $1,185.00 price objective on the stock. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,052.60.

Key Costco Wholesale News

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

• Positive Sentiment: Wall Street remains generally constructive on Costco ahead of earnings, with analysts expecting another solid quarter, forecast changes pointing to continued revenue and EPS growth, and a history of beating estimates in most recent quarters. Article Title
• Positive Sentiment: Recent commentary highlighted Costco’s defensive appeal, strong digital engagement, and robust executive membership trends, which support the view that the business is still growing despite a tougher consumer backdrop. Article Title
• Positive Sentiment: Higher gas prices may be helping traffic and memberships at Costco, reinforcing the bull case that the company can continue to benefit from value-focused shopping behavior. Article Title
• Neutral Sentiment: Multiple previews say investors are closely watching Costco’s earnings and consumer demand trends, making this more of a wait-and-see setup than a catalyst from a single headline. Article Title
• Neutral Sentiment: Costco is being compared with the broader market and with rivals like Sam’s Club, but the competitive-news angle is not yet a direct fundamental hit to COST. Article Title
• Negative Sentiment: Shares have been slipping ahead of the report as investors de-risk into earnings, with the stock also facing valuation pressure after a strong run. Article Title
• Negative Sentiment: A federal jury ruling in a disability discrimination case adds a small legal overhang and keeps compliance risk in focus, even if the financial impact appears limited. Article Title

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.