Costco Wholesale (NASDAQ:COST) Given New $1,100.00 Price Target at Oppenheimer

Costco Wholesale (NASDAQ:COST) had its target price increased by Oppenheimer from $1,050.00 to $1,100.00 in a report released on Thursday, Marketbeat Ratings reports. Oppenheimer currently has an outperform rating on the retailer’s stock.

COST has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Costco Wholesale in a research report on Monday, December 29th. Roth Mkm restated a “sell” rating on shares of Costco Wholesale in a research note on Wednesday. TD Cowen reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Friday, December 12th. Telsey Advisory Group reiterated an “outperform” rating and issued a $1,100.00 price target on shares of Costco Wholesale in a report on Monday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday, October 9th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,006.19.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $989.29 on Thursday. Costco Wholesale has a 52 week low of $844.06 and a 52 week high of $1,078.23. 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 stock has a market cap of $439.12 billion, a P/E ratio of 52.99, a price-to-earnings-growth ratio of 5.85 and a beta of 1.01. The stock has a 50 day moving average of $912.84 and a 200-day moving average of $930.22.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The business had revenue of $67.31 billion during the quarter, compared to analyst estimates of $67.03 billion. During the same quarter in the previous year, the firm earned $4.04 earnings per share. The business’s revenue was up 8.3% compared to the same quarter last year. On average, analysts expect 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 will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be given a dividend of $1.30 per share. The ex-dividend date is Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s payout ratio is currently 27.85%.

Insider Activity

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 sale, the executive vice president directly owned 8,240 shares of the company’s stock, valued at $7,550,476.80. This trade represents a 15.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Susan L. Decker sold 458 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $955.00, for a total value of $437,390.00. Following the completion of the sale, the director owned 8,532 shares in the company, valued at $8,148,060. The trade was a 5.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,915 shares of company stock worth $6,317,097 over the last 90 days. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new stake in Costco Wholesale during the 2nd quarter valued at $5,692,035,000. Laurel Wealth Advisors LLC raised its stake in shares of Costco Wholesale by 96,316.6% during the second quarter. Laurel Wealth Advisors LLC now owns 1,378,758 shares of the retailer’s stock valued at $1,364,888,000 after purchasing an additional 1,377,328 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of 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 purchasing an additional 1,070,005 shares in the last quarter. Amundi lifted its holdings in Costco Wholesale by 45.0% in the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after purchasing an additional 986,182 shares during the period. Finally, Vanguard Group Inc. grew its position in Costco Wholesale by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 43,356,271 shares of the retailer’s stock valued at $42,920,107,000 after buying an additional 711,560 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

More Costco Wholesale News

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

• Positive Sentiment: Company-released January sales were strong: net sales of $21.33 billion, up 9.3% year-over-year, with healthy comp-store and digital growth — a clear driver for the rally. Costco January Sales Results
• Positive Sentiment: Oppenheimer raised its price target to $1,100 and kept an Outperform rating — a sizable upside that likely boosted investor sentiment. Oppenheimer Raises PT to $1,100
• Positive Sentiment: Mizuho and other outlets have also lifted targets and cited membership trends rebounding and digital strength, supporting further upside expectations. Mizuho Raises Target
• Positive Sentiment: Sector flows into consumer staples (BofA data) and a stretch of positive analyst commentary have lifted consensus momentum and buy-side interest. BofA Flags Inflows into Staples
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $1,000 target — modest upside vs. current levels, so less directional impact. DA Davidson Reaffirms Neutral
• Neutral Sentiment: Wells Fargo lifted its target to $950 but kept an Equal Weight rating, implying limited near-term upside from that shop. Wells Fargo PT Raised to $950
• Negative Sentiment: Costco recalled pastries sold in California over undeclared nuts — a near-term operational/headline risk that can dent consumer confidence and traffic. Costco Recalls Pastries
• Negative Sentiment: A lawsuit challenging Costco’s “no preservatives” labeling on rotisserie chicken introduces legal/PR risk that could lead to costs or settlements. Lawsuit on Labeling
• Negative Sentiment: Some outlets and analysts warn that consumer staples appear frothy and that Costco’s lofty P/E could limit upside if growth disappoints. Barron’s on Staples Valuation

Costco Wholesale Company Profile

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.