Seamount Financial Group Inc. Cuts Stake in Costco Wholesale Corporation $COST

Seamount Financial Group Inc. reduced its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 44.1% during the first quarter, Holdings Channel reports. The fund owned 1,823 shares of the retailer’s stock after selling 1,436 shares during the period. Seamount Financial Group Inc.’s holdings in Costco Wholesale were worth $1,816,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in shares of Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after purchasing an additional 2,172 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after purchasing an additional 130 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Costco Wholesale by 4.5% during the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after buying an additional 165 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its position in Costco Wholesale by 1.1% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after buying an additional 23 shares during the period. Finally, Schnieders Capital Management LLC. boosted its position in Costco Wholesale by 2.2% during the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after buying an additional 182 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction 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 completion of the transaction, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

COST has been the topic of several analyst reports. Roth Mkm lifted their price objective on Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a report on Friday, May 29th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. Citigroup assumed coverage on Costco Wholesale in a research report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 price target on the stock. Daiwa Securities Group lifted their price target on Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Finally, Telsey Advisory Group boosted their price objective on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a research report on Thursday, April 9th. 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 currently has an average rating of “Moderate Buy” and an average target price of $1,061.45.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $951.67 on Friday. The stock’s 50 day simple moving average is $991.42 and its two-hundred day simple moving average is $972.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The stock has a market cap of $422.05 billion, a price-to-earnings ratio of 47.87, a PEG ratio of 4.48 and a beta of 0.88. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last posted its earnings results 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). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The firm had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. During the same quarter last year, the company posted $4.28 EPS. As a group, analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

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

Costco Wholesale News Summary

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

• Positive Sentiment: Costco is still expanding its warehouse footprint, with new store plans reported in Florida, South Carolina and Southern California, reinforcing the company’s long-term growth story. Costco plans to build new warehouse in southern Hillsborough County
• Positive Sentiment: Analysts remain upbeat on Costco’s earnings power, with Erste Group raising FY2027 EPS estimates above consensus, signaling confidence in the retailer’s ability to keep growing profits.
• Positive Sentiment: Several articles continue to frame Costco as a strong long-term compounder, supported by its membership model, cash generation, and resilient value proposition for consumers. Costco (COST) Stock Looks Strong On Returns But Expensive On Earnings
• Neutral Sentiment: Discussion around a possible 2026 stock split is generating attention, but it does not change Costco’s fundamentals and management has historically been cautious about splitting the stock. With Costco Trading Under $1,000, Is a Stock Split Still on the Table for 2026?
• Neutral Sentiment: One comparison piece versus Amazon and a holiday-closure story versus Sam’s Club are more about consumer habits and retail strategy than a direct change in Costco’s outlook. Growth Stock Showdown: Is Costco or Amazon the Better Buy Right Now?
• Negative Sentiment: Some commentary warns Costco may be expensive on earnings and could face execution risks if fuel-related traffic tailwinds weaken, which could limit upside if growth slows. Costco’s Secret Growth Engine May Be Running Out of Gas

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.