Peachtree Investment Partners LLC Decreases Stock Position in Costco Wholesale Corporation $COST

Peachtree Investment Partners LLC decreased its stake in Costco Wholesale Corporation (NASDAQ:COST) by 5.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,135 shares of the retailer’s stock after selling 749 shares during the quarter. Costco Wholesale accounts for about 3.5% of Peachtree Investment Partners LLC’s portfolio, making the stock its 8th largest position. Peachtree Investment Partners LLC’s holdings in Costco Wholesale were worth $10,464,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Graney & King LLC lifted its position in shares of Costco Wholesale by 6.8% in the 2nd quarter. Graney & King LLC now owns 173 shares of the retailer’s stock worth $171,000 after purchasing an additional 11 shares during the period. Seneschal Advisors LLC lifted its position in shares of Costco Wholesale by 0.4% in the 2nd quarter. Seneschal Advisors LLC now owns 3,142 shares of the retailer’s stock worth $3,110,000 after purchasing an additional 11 shares during the period. Caliber Wealth Management LLC KS lifted its position in shares of Costco Wholesale by 1.7% in the 3rd quarter. Caliber Wealth Management LLC KS now owns 655 shares of the retailer’s stock worth $606,000 after purchasing an additional 11 shares during the period. Somerset Group LLC lifted its position in shares of Costco Wholesale by 0.3% in the 3rd quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock worth $3,906,000 after purchasing an additional 11 shares during the period. Finally, PCG Wealth Advisors LLC lifted its position in shares of Costco Wholesale by 2.1% in the 3rd quarter. PCG Wealth Advisors LLC now owns 536 shares of the retailer’s stock worth $496,000 after purchasing an additional 11 shares during the period. Institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on COST shares. BTIG Research reaffirmed a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research report on Friday, May 29th. Roth Mkm raised their target price on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. Oppenheimer raised their target price on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Weiss Ratings upgraded shares of Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Finally, Telsey Advisory Group increased their price target on shares of Costco Wholesale from $1,125.00 to $1,135.00 and gave the stock an “outperform” rating in a research note on Thursday, April 9th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and an average price target of $1,060.41.

Costco Wholesale Stock Down 0.0%

Shares of Costco Wholesale stock opened at $971.87 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.59. The company has a 50-day moving average of $1,006.71 and a 200 day moving average of $963.99. The firm has a market cap of $431.17 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 4.71 and a beta of 0.88. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.94 by ($0.01). The business had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same quarter in the previous year, the business earned $4.28 earnings per share. As a group, sell-side analysts anticipate that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a dividend of $1.47 per share. The ex-dividend date was Friday, May 1st. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio (DPR) is 29.58%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the sale, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. This trade represents a 10.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco posted another strong month, with May net sales up 14.5% year over year to $24.01 billion and comparable sales still running at a healthy pace, reinforcing the view that traffic and spending trends remain solid. Costco Wholesale Corporation Reports May Sales Results
• Positive Sentiment: Analysts continued to point to Costco’s defensive fundamentals, strong U.S. comparable sales, fuel-driven traffic, and growing digital business as reasons for optimism on the stock. Costco Stock (COST) Keeps Wall Street Split despite Accelerating Sales
• Positive Sentiment: Costco’s ability to hold up during the broader market sell-off underscored its reputation as a defensive retailer, which may have helped support investor interest. Why Costco Stock Held Steady During Friday’s Market Sell-Off
• Neutral Sentiment: Several articles framed Costco as a high-quality long-term compounder, but also emphasized that its premium valuation leaves less room for error if growth slows. Costco stock price shocks market despite major blowout quarter
• Neutral Sentiment: Costco’s valuation remains a debate point on Wall Street, with some analysts maintaining Buy ratings and high price targets while others argue the stock already reflects much of the good news. Costco: Robust Comps and Reaccelerating Digital Sales Support Buy Rating, Price Target Reaffirmed at $1275
• Negative Sentiment: One recent note argued that Costco’s strong quarter was not enough to offset valuation worries, suggesting investors may be hesitant to pay up after the recent sales-driven rally. Costco’s Strong Quarter Still Leaves Investors with a Valuation Problem

Costco Wholesale 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.