Costco Wholesale (NASDAQ:COST – Free Report) had its target price upped by Mizuho from $1,065.00 to $1,100.00 in a research report report published on Thursday morning,MarketScreener reports. The firm currently has an outperform rating on the retailer’s stock.
Other equities research analysts also recently issued research reports about the company. UBS Group set a $1,175.00 price target on Costco Wholesale in a research report on Friday, March 6th. DA Davidson reaffirmed a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research report on Friday, April 10th. BMO Capital Markets upped their target price on Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Bank of America began coverage on Costco Wholesale in a research report on Friday, February 27th. They issued a “buy” rating and a $1,185.00 target price for the company. Finally, Gordon Haskett upped their target price on Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and a consensus price target of $1,044.30.
Get Our Latest Stock Report on COST
Costco Wholesale Stock Performance
Costco Wholesale (NASDAQ:COST – Get Free Report) last released its earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, beating the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion during the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.02 earnings per share. Equities research analysts anticipate that Costco Wholesale will post 18.03 earnings per share for the current year.
Costco Wholesale Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, May 1st. Costco Wholesale’s payout ratio is presently 27.04%.
Insider Activity
In related news, EVP Claudine Adamo sold 730 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the transaction, the executive vice president owned 6,121 shares in the company, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Teresa A. Jones sold 850 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total value of $838,321.00. Following the completion of the transaction, the executive vice president owned 4,228 shares in the company, valued at approximately $4,169,907.28. This trade represents a 16.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.
Institutional Trading of Costco Wholesale
Several institutional investors and hedge funds have recently bought and sold shares of COST. Norges Bank acquired a new stake in Costco Wholesale during the fourth quarter valued at approximately $5,195,415,000. Corient Private Wealth LLC raised its stake in Costco Wholesale by 838.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock valued at $5,282,182,000 after buying an additional 5,472,968 shares in the last quarter. Cardano Risk Management B.V. raised its stake in Costco Wholesale by 907.1% during the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock valued at $1,539,346,000 after buying an additional 1,607,833 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Costco Wholesale by 1,586.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after buying an additional 1,070,005 shares in the last quarter. Finally, Amundi raised its stake in Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock valued at $2,893,697,000 after buying an additional 986,182 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.
Key Stories Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Board raises quarterly dividend to $1.47 (annualized $5.88), signaling strong cash flow and executive confidence; ex-dividend/record dates set and investors reacted favorably. Costco announces dividend increase
- Positive Sentiment: Mizuho raised its price target to $1,100 and maintained an Outperform rating, giving an upside view that supports buying interest. Mizuho increases price target
- Positive Sentiment: Telsey Advisory Group and Wells Fargo have also lifted targets or reiterated positive views, underscoring steady execution and supporting momentum in the stock. Telsey and Wells Fargo raise targets
- Positive Sentiment: Company expansion and product moves — a new store format planned for the west side of a major metroplex and exclusive product rollouts (e.g., Aussie Miracle Curls jumbo pack) highlight growth and differentiated merchandising. New store format for Metroplex
- Neutral Sentiment: Analysts and checks show Costco “selling a lot of gas,” which boosts transaction counts and basket sizes — but commentary notes a “catch” (durability/price sensitivity of gas-driven traffic) that makes the benefit uneven. Gas sales boost but with caveat
- Neutral Sentiment: Coverage pieces note Costco’s Japan expansion and membership model as durable long-term positives, but these are longer-horizon drivers rather than immediate catalysts. Japan growth story
- Negative Sentiment: Local competition — reports that Sam’s Club and BJ’s are gaining traction in some markets — could pressure share gains in contested trade areas and is a watch item for market-share risk. Competitors gaining traction
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.
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