Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,100.00

Costco Wholesale (NASDAQ:COST) had its target price upped by Gordon Haskett from $1,000.00 to $1,100.00 in a research note issued to investors on Tuesday morning,MarketScreener reports.

Several other analysts also recently commented on COST. Roth Mkm set a $769.00 price objective on Costco Wholesale and gave the stock a “sell” rating in a research note on Monday, December 15th. Hovde Group started coverage on Costco Wholesale in a research report on Tuesday, November 18th. They set a “market perform” rating and a $16.00 price target on the stock. Truist Financial cut their price objective on Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating on the stock in a report on Friday, December 12th. BTIG Research started coverage on Costco Wholesale in a research note on Tuesday, October 14th. They set a “buy” rating and a $1,115.00 target price for the company. Finally, Raymond James Financial cut their price target on shares of Costco Wholesale from $1,070.00 to $1,000.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,006.19.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $989.29 on Tuesday. The firm has a market capitalization of $439.12 billion, a P/E ratio of 52.99, a PEG ratio of 5.85 and a beta of 1.01. The business has a 50-day moving average of $912.84 and a 200-day moving average of $930.22. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19. Costco Wholesale has a 1 year low of $844.06 and a 1 year high of $1,078.23.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $67.31 billion during the quarter, compared to analysts’ expectations of $67.03 billion. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.04 earnings per share. On average, equities analysts anticipate that Costco Wholesale will post 18.03 EPS for the current year.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, January 30th. Costco Wholesale’s payout ratio is currently 27.85%.

Insiders Place Their Bets

In other news, EVP Javier Polit sold 2,049 shares of the firm’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $867.21, for a total value of $1,776,913.29. Following the completion of the transaction, the executive vice president owned 10,748 shares in the company, valued at $9,320,773.08. This trade represents a 16.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan L. Decker sold 458 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $955.00, for a total value of $437,390.00. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,915 shares of company stock valued at $6,317,097 in the last quarter. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

A number of institutional investors and hedge funds have recently made changes to their positions in COST. Hobbs Wealth Management LLC increased its stake in shares of Costco Wholesale by 4.4% in the second quarter. Hobbs Wealth Management LLC now owns 262 shares of the retailer’s stock worth $259,000 after purchasing an additional 11 shares in the last quarter. Graney & King LLC lifted its stake in shares of Costco Wholesale by 6.8% during the 2nd quarter. Graney & King LLC now owns 173 shares of the retailer’s stock valued at $171,000 after buying an additional 11 shares in the last quarter. Seneschal Advisors LLC boosted its holdings in 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 buying an additional 11 shares during the period. Busey Bank increased its stake in Costco Wholesale by 0.4% in the 3rd quarter. Busey Bank now owns 2,651 shares of the retailer’s stock worth $2,454,000 after buying an additional 11 shares in the last quarter. Finally, Pasadena Private Wealth LLC increased its stake in Costco Wholesale by 0.8% in the 3rd quarter. Pasadena Private Wealth LLC now owns 1,403 shares of the retailer’s stock worth $1,299,000 after buying an additional 11 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Key Headlines Impacting Costco Wholesale

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

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.