SPX Gestao de Recursos Ltda Buys Shares of 1,600 Costco Wholesale Corporation $COST

SPX Gestao de Recursos Ltda purchased a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,600 shares of the retailer’s stock, valued at approximately $1,497,000.

Several other hedge funds have also made changes to their positions in COST. Palisade Asset Management LLC grew its holdings in shares of Costco Wholesale by 1.4% in the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock valued at $605,000 after purchasing an additional 10 shares in the last quarter. Graybill Wealth Management LTD. lifted its holdings in Costco Wholesale by 0.3% during the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock worth $2,754,000 after buying an additional 10 shares in the last quarter. Wealth Effects LLC boosted its position in Costco Wholesale by 1.2% in the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer’s stock valued at $871,000 after buying an additional 10 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in Costco Wholesale by 1.8% in the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer’s stock valued at $549,000 after buying an additional 10 shares during the period. Finally, First National Bank of Hutchinson grew its stake in shares of Costco Wholesale by 0.9% in the first quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock worth $1,094,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

COST has been the topic of a number of recent research reports. Mizuho set a $1,100.00 price objective on Costco Wholesale in a research report on Monday, June 1st. UBS Group boosted their target price on Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. DA Davidson restated a “neutral” rating and set a $1,000.00 price target on shares of Costco Wholesale in a report on Thursday, June 4th. Truist Financial lifted their price objective on Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $1,120.00 price objective on shares of Costco Wholesale in a research report on Thursday, August 6th. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,059.53.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $960.01 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The company has a fifty day simple moving average of $946.44 and a 200-day simple moving average of $980.87. The stock has a market cap of $425.75 billion, a P/E ratio of 48.29, a price-to-earnings-growth ratio of 4.62 and a beta of 0.87. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $70.12 billion. During the same period last year, the company earned $4.28 EPS. Equities analysts expect that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were issued a $1.47 dividend. The ex-dividend date was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is presently 29.58%.

Insider Activity at Costco Wholesale

In related news, Director Kenneth D. Denman sold 885 shares of the business’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 transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: AI-driven digital opportunity: Costco’s rising AI-generated search traffic reportedly has its highest conversion rate, suggesting AI visibility could become a meaningful catalyst for online sales growth. Will Costco’s AI Search Growth Become a Meaningful Sales Catalyst?
• Positive Sentiment: Continued consumer value appeal: Articles highlighting Costco’s money-saving grocery products, bulk-buying strategies and popular school snacks reinforce the retailer’s value proposition and could support membership loyalty and sales. 7 Costco Grocery Items That Can Save You Hundreds of Dollars Annually
• Neutral Sentiment: Institutional buying: Golden Reserve Retirement LLC increased its COST position by 133.9%, purchasing 592 additional shares. However, the resulting holding of only 1,034 shares is too small to represent a significant market signal. Golden Reserve Retirement LLC Increases Position in Costco
• Neutral Sentiment: Short-interest data provides no clear signal: Reported short interest was zero, with an unusable percentage-change figure and a zero-day days-to-cover ratio, indicating the data does not meaningfully explain trading activity.
• Negative Sentiment: Tariff-refund litigation remains an overhang: Costco is contesting a customer lawsuit over refunds of certain IEEPA duties, while attorneys argue that Costco’s recovery of some duties weakens its case against issuing member refunds. Potential refunds and legal costs could pressure margins. Costco Fights Customer’s Tariff Suit as Refunds Flow In
• Negative Sentiment: Valuation sensitivity: Investor Michael Burry reportedly characterized Costco as “permacostly,” highlighting concern that COST’s elevated earnings multiple leaves less room for disappointment. The latest quarterly EPS also narrowly missed consensus, despite revenue exceeding expectations.
• Neutral Sentiment: Costco’s planned 24-hour closure on September 7 is a routine holiday-related event and is unlikely to materially affect the investment outlook. Costco Will Shut Down for 24 Hours on September 7

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.