Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,050.00 at Evercore ISI

Costco Wholesale (NASDAQ:COST) had its target price lifted by Evercore ISI from $1,025.00 to $1,050.00 in a report issued on Tuesday, MarketBeat.com reports. The brokerage currently has an outperform rating on the retailer’s stock.

A number of other analysts have also recently weighed in on the stock. Truist Financial decreased their price target on shares of Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating for the company in a research report on Friday, December 12th. JPMorgan Chase & Co. upped their target price on Costco Wholesale from $1,000.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $1,044.00 target price on Costco Wholesale in a report on Thursday, January 8th. Oppenheimer boosted their price target on Costco Wholesale from $1,050.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company increased their price objective on shares of Costco Wholesale from $900.00 to $950.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,009.00.

Costco Wholesale Stock Down 2.6%

Shares of NASDAQ COST opened at $971.23 on Tuesday. The stock has a market capitalization of $431.10 billion, a PE ratio of 52.02, a P/E/G ratio of 5.26 and a beta of 1.01. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average of $917.30 and a 200-day moving average of $931.14. Costco Wholesale has a 52-week low of $844.06 and a 52-week high of $1,078.23.

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

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, January 30th. Costco Wholesale’s dividend payout ratio is 27.85%.

Insider Activity at Costco Wholesale

In related news, EVP Javier Polit sold 2,049 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $867.21, for a total value of $1,776,913.29. Following the completion of the sale, the executive vice president directly owned 10,748 shares of the company’s stock, valued at $9,320,773.08. The trade was a 16.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP James C. Klauer sold 1,500 shares of the company’s stock in a transaction that occurred on 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 sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,915 shares of company stock worth $6,317,097 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

Institutional investors have recently made changes to their positions in the company. Soundwatch Capital LLC lifted its position in shares of Costco Wholesale by 635.7% in the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after buying an additional 2,206 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in Costco Wholesale during the second quarter worth about $31,000. Hurley Capital LLC lifted its holdings in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after acquiring an additional 18 shares during the last quarter. Entrust Financial LLC acquired a new position in Costco Wholesale in the fourth quarter valued at approximately $31,000. Finally, Joseph Group Capital Management acquired a new position in Costco Wholesale in the fourth quarter valued at approximately $33,000. 68.48% of the stock is currently owned by institutional investors.

More Costco Wholesale News

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

• Positive Sentiment: Analysts raised targets and reiterated bullish ratings — Evercore ISI bumped its price target to $1,050 and kept an “outperform” call, and JPMorgan raised its target to $1,050 with an “overweight” rating; these lifts imply upside vs. the current price and may underpin investor interest. Evercore ISI price target raise The Fly
• Positive Sentiment: Institutional buying: RFG Advisory increased its stake in COST (small position increase disclosed), which signals continued fund-level confidence in the business. RFG Advisory buys Costco shares
• Positive Sentiment: Local development pipeline: city approvals moving forward for a new Costco at Seminole Towne Center, which supports long-term footprint expansion and sales growth. Sanford moves forward with Costco development
• Positive Sentiment: Dividend speculation: commentary on the possibility of another large special dividend can buoy investor demand (special dividends historically lift sentiment). Will Costco treat investors to another special dividend?
• Neutral Sentiment: Interest and coverage pieces (Zacks, Yahoo, Motley Fool) highlight Costco as a trending name and discuss January sales strength and upcoming Q2 results — these drive attention but don’t change fundamentals immediately. Zacks trending stock piece
• Neutral Sentiment: Short-interest data in the feed is effectively zero/invalid and provides no meaningful bearish pressure (no actionable signal).
• Negative Sentiment: Consumer issues: reports that some gift cards sold at Costco are now worthless could hurt member trust and generate negative headlines. Some gift cards sold at Costco are now worthless
• Negative Sentiment: Recall and safety warnings: a nationwide recall update with warnings of “severe” reactions raises potential liability and PR risk; such stories can pressure the stock near-term until resolved. Costco recall update

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.