MOKAN Wealth Management Inc. Grows Holdings in Costco Wholesale Corporation $COST

MOKAN Wealth Management Inc. boosted its position in Costco Wholesale Corporation (NASDAQ:COST) by 32.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,859 shares of the retailer’s stock after purchasing an additional 1,201 shares during the period. Costco Wholesale comprises 1.7% of MOKAN Wealth Management Inc.’s investment portfolio, making the stock its 20th biggest position. MOKAN Wealth Management Inc.’s holdings in Costco Wholesale were worth $4,534,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Petros Family Wealth LLC increased its stake in Costco Wholesale by 3.9% in the 2nd quarter. Petros Family Wealth LLC now owns 1,848 shares of the retailer’s stock valued at $1,729,000 after buying an additional 70 shares during the last quarter. Florida Trust Wealth Management Co boosted its stake in shares of Costco Wholesale by 1.6% in the 2nd quarter. Florida Trust Wealth Management Co now owns 54,189 shares of the retailer’s stock worth $50,692,000 after buying an additional 835 shares during the last quarter. Turtle Creek Wealth Advisors LLC boosted its stake in shares of Costco Wholesale by 6.6% in the 2nd quarter. Turtle Creek Wealth Advisors LLC now owns 16,562 shares of the retailer’s stock worth $15,495,000 after buying an additional 1,024 shares during the last quarter. Parkwoods Wealth Partners LLC grew its holdings in shares of Costco Wholesale by 333.3% in the second quarter. Parkwoods Wealth Partners LLC now owns 1,534 shares of the retailer’s stock valued at $1,435,000 after acquiring an additional 1,180 shares in the last quarter. Finally, Ibex Wealth Advisors grew its holdings in shares of Costco Wholesale by 6.0% in the second quarter. Ibex Wealth Advisors now owns 1,045 shares of the retailer’s stock valued at $977,000 after acquiring an additional 59 shares in the last quarter. 68.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

COST has been the subject of a number of research analyst reports. Oppenheimer increased their price target on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Mizuho set a $1,100.00 price objective on Costco Wholesale in a research report on Monday, June 1st. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a research note on Monday, June 1st. The Goldman Sachs Group raised their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Citigroup started coverage on Costco Wholesale in a research note on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 target price on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,059.53.

Insider Activity

In other news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was 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 of the company’s stock, valued at $4,575,653.55. This represents a 15.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by insiders.

Costco Wholesale Trading Down 0.1%

Shares of COST stock opened at $961.05 on Friday. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The firm has a market cap of $426.21 billion, a P/E ratio of 48.34, a PEG ratio of 4.58 and a beta of 0.87. The company has a 50 day moving average of $949.77 and a 200-day moving average of $981.29. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. During the same quarter in the previous year, the company posted $4.28 EPS. Sell-side analysts anticipate that Costco Wholesale Corporation will post 20.42 earnings per share for the current year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were paid a $1.47 dividend. The ex-dividend date was Friday, July 24th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Market-share gains in Canada: Costco is now Canada’s second-largest grocery store chain, indicating continued customer adoption and potential for international growth. Costco Wholesale Is Now Canada’s Second Largest Grocery Store Chain
• Positive Sentiment: Resilient value proposition: Analysts continue to highlight Costco’s ability to attract and retain members through low prices, including inexpensive gasoline. This value positioning could support demand as consumers remain selective. Retail Stocks Poised for an Earnings Beat
• Positive Sentiment: Expansion remains a growth driver: Seven additional U.S. locations are planned for 2026, adding warehouse capacity and supporting membership and sales growth over time. Seven New Costco Locations Coming in 2026
• Neutral Sentiment: Tariff-refund uncertainty: Costco says it will return tariff-related refunds to customers, but the timing and mechanics remain unclear. The policy may reinforce customer goodwill, although refunds could create temporary administrative and cash-flow considerations. Costco Tariff Refunds
• Neutral Sentiment: Operational and competitive updates: Costco will close U.S. warehouses on September 7 for Labor Day, while rival BJ’s continues expanding. These developments are unlikely to materially change near-term earnings but highlight ongoing competitive dynamics. Costco Labor Day Closure
• Negative Sentiment: Valuation remains a concern: Despite a recent pullback, Costco’s roughly 48-times P/E ratio leaves limited room for execution misses. Moderating sales growth and potential margin pressure could keep investors cautious, particularly after the latest quarter narrowly missed EPS expectations. Is Costco Stock Worth Buying Now or Still Too Pricey to Touch?

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.