Wealthspire Advisors LLC Raises Holdings in Costco Wholesale Corporation $COST

Wealthspire Advisors LLC grew its position in Costco Wholesale Corporation (NASDAQ:COST) by 24.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,435 shares of the retailer’s stock after buying an additional 3,979 shares during the quarter. Wealthspire Advisors LLC’s holdings in Costco Wholesale were worth $17,622,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Hurley Capital LLC lifted its stake in shares of Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after purchasing an additional 18 shares during the last quarter. Entrust Financial LLC purchased a new stake in shares of Costco Wholesale during the 4th quarter worth $31,000. Joseph Group Capital Management purchased a new stake in shares of Costco Wholesale during the 4th quarter worth $33,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Costco Wholesale during the 3rd quarter worth $34,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Costco Wholesale during the 3rd quarter worth $36,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Costco Wholesale News Summary

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

• Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 earnings forecasts for Costco, signaling expectations for stronger profitability ahead.
• Positive Sentiment: Commentary in 24/7 Wall St. emphasized Costco’s membership-fee model as a resilient source of recurring revenue that can support long-term earnings growth.
• Positive Sentiment: Barchart coverage noted Costco as one of the retail names rewarding shareholders with a higher dividend, reinforcing the company’s capital-return appeal.
• Neutral Sentiment: Coverage that Costco offers shopping without a membership in limited cases is mainly informational and not likely to materially affect the stock.
• Neutral Sentiment: The Iowa court decision involving a former Costco manager appears to be a legal headline with limited direct impact on the company’s overall financial outlook.
• Negative Sentiment: Bloomberg reported rising plastic input costs may lead to higher prices for consumer goods later this year, which could add inflation pressure to Costco’s retail environment and potentially squeeze margins or demand.

Costco Wholesale Trading Up 0.7%

Shares of NASDAQ:COST opened at $982.35 on Friday. The business’s 50-day moving average is $1,005.34 and its 200 day moving average is $966.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The firm has a market capitalization of $435.65 billion, a P/E ratio of 49.41, a P/E/G ratio of 4.73 and a beta of 0.88. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last announced 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). The firm had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the prior year, the company posted $4.28 earnings per share. On average, research analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on COST. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Evercore set a $1,100.00 price objective on Costco Wholesale in a research note on Monday, March 2nd. TD Cowen restated a “buy” rating and set a $1,175.00 price objective on shares of Costco Wholesale in a research note on Wednesday, June 3rd. BMO Capital Markets upped their price objective on Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Raymond James Financial upped their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,060.41.

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.