Consolidated Capital Management LLC Has $6.68 Million Holdings in Costco Wholesale Corporation $COST

Consolidated Capital Management LLC lessened its position in Costco Wholesale Corporation (NASDAQ:COST) by 17.0% in the fourth quarter, HoldingsChannel reports. The fund owned 7,750 shares of the retailer’s stock after selling 1,584 shares during the quarter. Costco Wholesale makes up approximately 2.0% of Consolidated Capital Management LLC’s holdings, making the stock its 19th largest holding. Consolidated Capital Management LLC’s holdings in Costco Wholesale were worth $6,683,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Hurley Capital LLC grew its stake in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after acquiring an additional 18 shares during the period. Entrust Financial LLC acquired a new stake in Costco Wholesale in the fourth quarter valued at approximately $31,000. Abich Financial Wealth Management LLC purchased a new position in shares of Costco Wholesale during the third quarter valued at approximately $34,000. Collier Financial purchased a new position in shares of Costco Wholesale during the third quarter valued at approximately $35,000. Finally, Joseph Group Capital Management purchased a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Activity at Costco Wholesale

In other 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 transaction of $732,204.60. Following the transaction, the executive vice president owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This represents a 10.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Costco Wholesale Stock Down 3.9%

Shares of NASDAQ COST opened at $956.32 on Friday. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59. The business’s fifty day moving average price is $1,007.80 and its 200-day moving average price is $962.48. The stock has a market capitalization of $424.27 billion, a PE ratio of 49.73, a P/E/G ratio of 4.71 and a beta of 0.92.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.95 by ($0.02). Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The firm had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.13 billion. During the same period in the prior year, the company earned $4.28 EPS. On average, equities research analysts anticipate that Costco Wholesale Corporation will post 20.36 EPS for the current year.

Costco Wholesale Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s payout ratio is currently 30.58%.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Costco posted strong third-quarter results, with revenue of $70.53 billion topping estimates and same-store sales rising 9.8%, showing that members are still spending on essentials and value-focused purchases.
• Positive Sentiment: Gasoline sales were a standout, with Costco’s gas stations setting all-time or record volume levels as drivers sought lower-priced fuel amid elevated energy costs. Article Title
• Positive Sentiment: Digital growth and membership strength continued to support results, helping offset margin pressure and reinforcing Costco’s value-driven model.
• Positive Sentiment: Several Wall Street firms raised price targets or reiterated bullish ratings, including Bank of America, Goldman Sachs, Bernstein, BTIG, and Morgan Stanley, signaling confidence in Costco’s long-term fundamentals.
• Neutral Sentiment: DA Davidson reaffirmed a neutral rating with a $1,000 target, suggesting modest upside but not a strong catalyst for a re-rating.
• Neutral Sentiment: Costco said it will return U.S. tariff refunds to members “in some form,” which may help customer loyalty but does not yet provide a clear financial boost.
• Negative Sentiment: EPS of $4.93 missed consensus by a small margin, and investors appear focused on the earnings shortfall more than the sales beat.
• Negative Sentiment: Margin pressure from higher costs and a premium valuation have prompted some traders to sell after the report, limiting enthusiasm despite the strong top-line performance.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on COST shares. Weiss Ratings raised Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 17th. The Goldman Sachs Group lifted their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research report on Friday. Roth Mkm lifted their target price on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research report on Friday. Gordon Haskett lifted their target price on Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. Finally, Rothschild & Co Redburn lifted their target price 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. Twenty-one 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. According to MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and a consensus target price of $1,056.32.

About Costco Wholesale

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.