Thrivent Financial for Lutherans Trims Holdings in Costco Wholesale Corporation $COST

Thrivent Financial for Lutherans reduced its position in Costco Wholesale Corporation (NASDAQ:COST) by 2.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,199 shares of the retailer’s stock after selling 1,119 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Costco Wholesale were worth $47,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Soundwatch Capital LLC boosted its stake in Costco Wholesale by 635.7% in the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after buying an additional 2,206 shares in the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in shares of Costco Wholesale in the 2nd quarter valued at $31,000. Financial Connections Group Inc. grew its holdings in shares of Costco Wholesale by 975.0% during the 2nd quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock valued at $42,000 after purchasing an additional 39 shares during the last quarter. Frazier Financial Advisors LLC raised its position in Costco Wholesale by 72.0% in the 2nd quarter. Frazier Financial Advisors LLC now owns 43 shares of the retailer’s stock worth $43,000 after purchasing an additional 18 shares during the period. Finally, Marquette Asset Management LLC lifted its stake in Costco Wholesale by 2,200.0% in the third quarter. Marquette Asset Management LLC now owns 46 shares of the retailer’s stock worth $43,000 after purchasing an additional 44 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Russell D. Miller sold 1,500 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $916.32, for a total value of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. This represents a 15.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP James C. Klauer sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $939.00, for a total value of $1,408,500.00. Following the completion of the transaction, the executive vice president owned 44,837 shares in the company, valued at $42,101,943. The trade was a 3.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 9,315 shares of company stock valued at $8,549,409. Company insiders own 0.10% of the company’s stock.

Costco Wholesale Price Performance

Shares of COST opened at $968.36 on Tuesday. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,078.23. The firm has a market cap of $429.83 billion, a PE ratio of 51.87, a P/E/G ratio of 5.62 and a beta of 1.01. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $908.15 and a two-hundred day simple moving average of $929.27.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.07. The company had revenue of $67.31 billion during the quarter, compared to analyst estimates of $67.03 billion. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business posted $4.04 earnings per share. On average, equities analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, January 30th. Costco Wholesale’s dividend payout ratio is currently 27.85%.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $1,100 price target, signaling continued analyst confidence and upside vs. the current level. Telsey reaffirmation and $1,100 PT
• Positive Sentiment: New store investment: a roughly $37M Costco build in New Braunfels is progressing ahead of an April opening — expansion that supports future sales and membership growth. $37M New Braunfels construction
• Positive Sentiment: Operations/UX improvements: recent changes to speed up shopping for members can raise throughput and sales per visit. Shopping faster and easier for members
• Positive Sentiment: Media bullishness: commentators including Jim Cramer have highlighted Costco’s recent momentum, which can lift sentiment and buying interest. Jim Cramer says ‘Been a Good Bounce’
• Neutral Sentiment: Industry comparisons and stock-picking pieces (e.g., Motley Fool) examine Costco vs. Walmart — useful context but not an immediate price driver. Costco vs. Walmart analysis
• Neutral Sentiment: Reported short-interest data appears inconsistent (zeros/NaN), so there’s no clear indication of a large short-squeeze or meaningful short pressure from the published figure.
• Negative Sentiment: Product recall: Costco recalled mini beignets across multiple states for mislabeling that creates an allergy risk — a reputational and potential liability headwind, though likely small relative to company scale. Costco recalls mini beignets after packaging mix-up
• Negative Sentiment: Analyst downgrade: an InvestorPlace update included a downgrade of Costco in its blue-chip rankings, which can create short-term selling pressure among model/benchmark investors. FedEx Upgraded, Costco Downgraded

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Costco Wholesale from $1,025.00 to $1,027.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. BTIG Research assumed coverage on Costco Wholesale in a research report on Tuesday, October 14th. They set a “buy” rating and a $1,115.00 price target on the stock. Guggenheim reaffirmed a “neutral” rating on shares of Costco Wholesale in a research note on Monday, December 22nd. Mizuho set a $1,000.00 target price on shares of Costco Wholesale and gave the stock an “outperform” rating in a report on Monday, January 5th. Finally, Roth Mkm set a $769.00 target price on Costco Wholesale and gave the stock a “sell” rating in a research note on Monday, December 15th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $996.00.

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.