851 Shares in Costco Wholesale Corporation $COST Bought by Vertrix Wealth Management LLC

Vertrix Wealth Management LLC acquired a new position in Costco Wholesale Corporation (NASDAQ:COST) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 851 shares of the retailer’s stock, valued at approximately $848,000.

Other hedge funds have also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Costco Wholesale during the 4th quarter valued at about $27,000. Lifetime Wealth Management P.C. bought a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. bought a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $28,000. Entrust Financial LLC purchased a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $31,000. Finally, Joseph Group Capital Management purchased a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $33,000. Institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on COST shares. DA Davidson restated a “neutral” rating and issued a $1,000.00 price target on shares of Costco Wholesale in a research note on Thursday, June 4th. BMO Capital Markets lifted their price objective on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Deutsche Bank Aktiengesellschaft boosted their target price on Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Telsey Advisory Group increased their target price on 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. Finally, Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a research note on Monday, June 1st. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Costco Wholesale has an average rating of “Moderate Buy” and a consensus target price of $1,061.45.

Costco Wholesale Price Performance

NASDAQ COST opened at $924.67 on Thursday. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The stock has a 50-day moving average of $992.50 and a 200 day moving average of $972.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The company has a market capitalization of $410.07 billion, a price-to-earnings ratio of 46.51, a PEG ratio of 4.53 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last posted its 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 company had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter in the prior year, the company posted $4.28 EPS. On average, sell-side analysts forecast that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is presently 29.58%.

Costco Wholesale News Roundup

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

• Positive Sentiment: Analysts see Costco’s large cash position, low debt, and steady membership-fee stream as advantages that could help it keep investing through retail headwinds and support future growth. Can Costco Outgrow Retail Headwinds on Balance Sheet Strength?
• Positive Sentiment: Commentary also highlighted stronger executive membership penetration, which can boost higher-margin fee income and improve Costco’s sales mix, with additional growth potential from China expansion. Costco’s Executive Penetration Could Unlock More Earnings
• Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Costco, signaling continued confidence in the company’s earnings power beyond the current fiscal year. Costco Wholesale Corporation (NASDAQ:COST)
• Positive Sentiment: Articles focused on Costco’s growing footprint, including new Texas warehouse openings, reinforcing the company’s steady unit expansion and brand strength with consumers. Costco cashes in on 2 new Texas warehouses opening this summer. Here’s where
• Neutral Sentiment: Several recent consumer-focused articles and opinion pieces about Costco products and shopping habits are not likely to move the stock much on their own. 7 Costco finds that help you save on warm-weather essentials
• Neutral Sentiment: One recent bullish article argued Costco can generate long-term passive income and capital appreciation, but this is more a thesis piece than a new catalyst. Want $3,000 in Annual Passive Income? Invest $146,000 in Costco in July and Wait 10 Years.
• Negative Sentiment: Multiple recent write-ups warn that Costco’s valuation is expensive, with some analysts saying the stock’s strong multi-year run has left limited upside unless growth accelerates further. Costco (COST) Stock Looks Strong On Returns But Expensive On Earnings
• Negative Sentiment: Bearish commentary also suggested Costco may have more downside if investors keep focusing on slowing growth versus its premium earnings multiple. Costco Stock: More Pain To Come

Insiders Place Their Bets

In related news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the transaction, the director owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by company insiders.

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.