Petra Financial Advisors Inc. Sells 573 Shares of Costco Wholesale Corporation $COST

Petra Financial Advisors Inc. trimmed its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 31.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226 shares of the retailer’s stock after selling 573 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Costco Wholesale were worth $1,222,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after buying an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC boosted 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 valued at $1,029,000 after acquiring an additional 130 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings 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 in the last quarter. Pinnacle Wealth Planning Services Inc. grew its position in Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock worth $2,089,000 after acquiring an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in Costco Wholesale by 2.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock worth $8,416,000 after acquiring an additional 182 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. UBS Group increased their target price on Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Bank of America boosted their price target on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Telsey Advisory Group upped their price objective on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a research note on Thursday, April 9th. Roth Capital raised their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a report on Friday, May 29th. Finally, Weiss Ratings downgraded shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,059.07.

Insider Buying and Selling

In related news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% 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 insiders.

Costco Wholesale Stock Down 0.7%

Shares of NASDAQ:COST opened at $929.22 on Wednesday. The firm has a market cap of $412.09 billion, a P/E ratio of 46.74, a P/E/G ratio of 4.52 and a beta of 0.88. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The business has a fifty day simple moving average of $972.60 and a 200 day simple moving average of $979.28. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The company had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter last year, the firm posted $4.28 EPS. Analysts predict that Costco Wholesale Corporation will post 20.42 earnings per share for the current year.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, July 24th. Costco Wholesale’s payout ratio is currently 29.58%.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco is being praised for its long runway for expansion, with analysts pointing to plans for 26 net-new warehouses in fiscal 2026 and a broader international pipeline. Why Costco’s Warehouse Growth Story Is Far From Over
• Positive Sentiment: New store-opening reports, including more locations coming in 2026 and a new Clarksville site, reinforce Costco’s continued footprint expansion and should support revenue growth expectations. 8 more Costco stores are coming in 2026. Is Ohio getting one? Costco coming to Freedom Farms in Clarksville
• Positive Sentiment: Costco’s pharmacy and prescription-service expansion could make memberships more valuable and increase customer loyalty and visit frequency. Costco expands pharmacy, prescription services for members
• Positive Sentiment: Coverage around new premium items, such as Laifen hair dryers in stores, suggests Costco is still expanding its product assortment and strengthening its appeal to higher-spending members. Costco (COST) Brings Laifen Hair Dryer To Stores In Its Biggest US Retail Push
• Neutral Sentiment: Several articles framed Costco as a strong long-term compounder and a potential future trillion-dollar company, which is supportive sentiment but not a near-term catalyst. Prediction: Costco Will Join the $1 Trillion Club by 2033
• Neutral Sentiment: Other commentary focused on Costco as a high-quality dividend or retirement holding, while also noting valuation concerns versus peers; this keeps the stock in the spotlight but does not change the business outlook immediately. Costco Is a Compelling Investment Opportunity, but This Stock Could Be an Even Better Buy Costco Is a No-Brainer Buy for Retirement Investors Right Now
• Negative Sentiment: Some coverage highlighted that COST has pulled back from recent highs and remains expensive on earnings metrics, which may be weighing on near-term trading. Price Prediction: Will Costco Hit a New-High This Year?
• Negative Sentiment: One report noted the stock edged lower even as Costco reportedly plans standalone gas stations, suggesting investors may be taking a cautious approach to the expansion news. Costco Stock (COST) Drops despite Bet on Stand-Alone Gas Stations in Sales Push

Costco Wholesale 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.