Costco Wholesale (NASDAQ:COST – Free Report) had its price objective upped by Daiwa Securities Group from $917.00 to $975.00 in a research report sent to investors on Tuesday,MarketScreener reports. The brokerage currently has a neutral rating on the retailer’s stock.
A number of other research analysts have also recently commented on COST. Roth Mkm reiterated a “sell” rating on shares of Costco Wholesale in a research report on Wednesday, February 4th. Truist Financial boosted their price objective on shares of Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a report on Friday, March 6th. JPMorgan Chase & Co. upped their price objective on shares of Costco Wholesale from $1,050.00 to $1,060.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. DA Davidson reaffirmed a “neutral” rating and set a $1,000.00 target price on shares of Costco Wholesale in a report on Friday, March 6th. Finally, Telsey Advisory Group lifted their target price on shares of Costco Wholesale from $1,100.00 to $1,125.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Twenty-two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Costco Wholesale has a consensus rating of “Moderate Buy” and a consensus target price of $1,039.13.
Check Out Our Latest Analysis on Costco Wholesale
Costco Wholesale Trading Down 0.8%
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. 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 for 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 company’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $4.02 EPS. Equities analysts anticipate that Costco Wholesale will post 18.03 EPS for the current fiscal year.
Costco Wholesale Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, January 30th. Costco Wholesale’s dividend payout ratio is 27.04%.
Insider Transactions at Costco Wholesale
In other news, EVP James C. Klauer sold 1,500 shares of the firm’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 transaction, the executive vice president owned 44,837 shares in the company, valued at approximately $42,101,943. This trade represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Teresa A. Jones sold 850 shares of Costco Wholesale stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the transaction, the executive vice president directly owned 4,228 shares in the company, valued at approximately $4,169,907.28. The trade was a 16.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 6,915 shares of company stock valued at $6,317,097. 0.10% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Costco Wholesale
A number of hedge funds have recently modified their holdings of COST. Vanguard Group Inc. raised its position in Costco Wholesale by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 43,620,717 shares of the retailer’s stock valued at $37,615,889,000 after purchasing an additional 165,349 shares during the last quarter. State Street Corp grew its position in shares of Costco Wholesale by 0.5% in the 2nd quarter. State Street Corp now owns 18,325,416 shares of the retailer’s stock worth $18,141,062,000 after buying an additional 90,107 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Costco Wholesale by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 10,388,519 shares of the retailer’s stock worth $8,919,573,000 after buying an additional 26,690 shares during the last quarter. Morgan Stanley increased its stake in shares of Costco Wholesale by 1.1% during the fourth quarter. Morgan Stanley now owns 9,523,423 shares of the retailer’s stock valued at $8,212,433,000 after buying an additional 107,775 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of 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 during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Trending Headlines about Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: BTIG raised its price target to $1,125 (from $1,115) and kept a Buy rating after Costco’s Q2 beat, citing strong membership income and traffic — a supportive signal for upside. Read More.
- Positive Sentiment: Several outlets/reporting services published higher price targets (including one noting a raise to $1,315), showing continued analyst bullishness and a range of upside scenarios priced in by some firms. Read More.
- Positive Sentiment: Tax/tariff news: a federal trade‑court ruling could generate tariff refunds that management says it may pass to members as lower prices — this would reinforce Costco’s value proposition and membership stickiness. Read More.
- Positive Sentiment: Operational momentum: February comparable‑store sales were strong (Zacks cites comps up ~7.9%) and e‑commerce grew double digits, supporting the premium valuation on fundamental grounds. Read More.
- Neutral Sentiment: Daiwa raised its target to $975 but kept a Neutral rating — a modestly positive PT move offset by a non‑bullish stance. Read More.
- Neutral Sentiment: Truist nudged its target higher to $977 (from $926) but reiterated a Hold, noting membership growth remains a constraint — mixed signal for near‑term upside. Read More.
- Neutral Sentiment: Company expansion note: Costco is building another standalone gas station — incremental revenue/traffic detail that is likely modestly accretive over time. Read More.
- Neutral Sentiment: Wide coverage pieces (Fool, Seeking Alpha) continue to debate valuation vs. peers (Walmart, Home Depot) — helpful context but not an immediate catalyst. Read More.
- Negative Sentiment: Goldman Sachs cut its price target to $1,088, which, along with comments about premium valuation, adds near‑term downside risk if growth disappoints. Read More.
- Negative Sentiment: Valuation/expectations: some analysts and writeups (Seeking Alpha coverage noted) view shares as fairly valued — combined with membership‑growth headwinds this can pressure the stock when sentiment weakens. Read More.
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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