Andra AP fonden Has $51.21 Million Holdings in Costco Wholesale Corporation $COST

Andra AP fonden cut its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 12.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,742 shares of the retailer’s stock after selling 7,880 shares during the period. Costco Wholesale makes up approximately 0.6% of Andra AP fonden’s investment portfolio, making the stock its 28th largest holding. Andra AP fonden’s holdings in Costco Wholesale were worth $51,209,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Costco Wholesale in the 4th quarter valued at about $27,000. Lifetime Wealth Management P.C. bought a new stake in Costco Wholesale during the fourth quarter worth about $28,000. C M Bidwell & Associates Ltd. bought a new stake in Costco Wholesale during the second quarter worth about $28,000. Burk Holdings LLC acquired a new position in Costco Wholesale during the second quarter valued at approximately $30,000. Finally, Manning & Napier Advisors LLC acquired a new position in Costco Wholesale during the second quarter valued at approximately $30,000. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Stock Performance

Shares of NASDAQ:COST traded up $3.18 on Tuesday, hitting $901.66. The company had a trading volume of 791,601 shares, compared to its average volume of 2,175,244. The stock has a market cap of $399.87 billion, a price-to-earnings ratio of 45.37, a P/E/G ratio of 3.76 and a beta of 0.86. The stock has a 50 day moving average price of $935.99 and a 200 day moving average price of $970.20. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17.

Costco Wholesale Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, July 24th. Costco Wholesale’s dividend payout ratio is currently 29.58%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings lowered Costco Wholesale from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, September 2nd. Oppenheimer reissued an “outperform” rating and issued a $1,160.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 16th. DA Davidson restated a “neutral” rating and set a $1,000.00 target price on shares of Costco Wholesale in a report on Thursday, September 3rd. Bank of America dropped their price target on shares of Costco Wholesale from $1,200.00 to $1,095.00 and set a “buy” rating on the stock in a research report on Wednesday, September 16th. Finally, UBS Group reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,052.65.

Key Costco Wholesale News

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

• Positive Sentiment: Earnings could provide a near-term catalyst. Wall Street expects investors to focus on revenue, comparable-store sales, membership trends, traffic, and margins. Recent coverage suggests Costco’s top-line performance is likely to be solid, while the key question is whether results and guidance can justify its premium valuation. Costco Q4 earnings estimates
• Positive Sentiment: Nationwide DoorDash delivery expands Costco’s convenience offering. Same-day delivery is now available from all U.S. Costco warehouses, potentially increasing member engagement, digital sales, and shopping frequency. The benefit must be weighed against delivery-related costs and fees. Costco nationwide same-day delivery
• Positive Sentiment: Expansion remains a long-term growth support. Reports that Costco plans to open 10 U.S. stores over the next two months point to continued warehouse expansion and additional membership and sales opportunities. Costco store expansion
• Neutral Sentiment: Popular food-court items are returning for a limited time. The return of Costco’s twisted churro and other fan-favorite offerings may reinforce customer loyalty and traffic, but the financial impact is likely too small to materially affect the stock. Retail stocks face key tests
• Negative Sentiment: High valuation leaves little room for disappointment. With a P/E above 45, Costco needs strong comparable sales, membership growth, and profitability to support its share price. Analysts also warn that the stock is approaching bear-market territory, increasing sensitivity to an earnings miss or cautious outlook. Costco stock and earnings outlook
• Negative Sentiment: Higher interest rates could pressure discretionary spending and valuation multiples. Costco, Walmart, and Target are being assessed against a more challenging consumer and interest-rate backdrop, which could weigh on spending and make premium-priced retail stocks less attractive. Fed rate hike impact on retailers

Costco Wholesale Company Profile

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.