TIAA Trust National Association Has $17.61 Million Stock Holdings in Costco Wholesale Corporation $COST

TIAA Trust National Association cut its position in Costco Wholesale Corporation (NASDAQ:COST) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,426 shares of the retailer’s stock after selling 615 shares during the period. TIAA Trust National Association’s holdings in Costco Wholesale were worth $17,614,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of COST. Hurley Capital LLC raised its holdings in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after purchasing an additional 18 shares during the period. Entrust Financial LLC acquired a new stake in Costco Wholesale in the fourth quarter worth $31,000. Joseph Group Capital Management acquired a new stake in Costco Wholesale in the fourth quarter worth $33,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Costco Wholesale during the third quarter worth $34,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Costco Wholesale during the third quarter worth $36,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

More Costco Wholesale News

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

• Positive Sentiment: Costco reported strong May sales, with net sales up 14.5% year over year, and one report said digital sales jumped about 21% while gas volumes reached a record, reinforcing that demand remains healthy. Costco’s Digital Sales Jumped 21% and Gas Volumes Hit a Record. So Why Did COST Stock Drop 5%?
• Positive Sentiment: Costco is cutting prices on select Kirkland Signature and other private-label items, which could support traffic and strengthen its value proposition with inflation-conscious shoppers. Costco Leans On Kirkland Price Cuts To Support Growth Narrative
• Positive Sentiment: Analysts and media coverage continue to highlight Costco’s digital surge, member loyalty, and broad appeal to budget-minded consumers, which supports the company’s long-term growth story. Is Costco’s Digital Surge Making It a Bigger Retail Winner?
• Neutral Sentiment: CEO Ron Vachris being recognized for leadership in women’s board representation and corporate governance adds an ESG-positive angle, but it is unlikely to move the stock on its own. Costco Governance In Focus As CEO Earned Board Diversity Leadership Honor
• Negative Sentiment: Despite solid sales trends, investors appear to be taking profits because expectations are already high and the stock had recently run up, making even good news less impactful in the short term. Is Costco Stock Finally Cheap Enough to Buy?
• Negative Sentiment: One report specifically noted the stock fell even after the company posted strong digital growth and record fuel volumes, suggesting the market is focused more on valuation and near-term expectations than on operating momentum. Costco’s Digital Sales Jumped 21% and Gas Volumes Hit a Record. So Why Did COST Stock Drop 5%?

Analyst Upgrades and Downgrades

COST has been the topic of a number of research analyst reports. Daiwa Securities Group raised their price objective on shares of Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. The Goldman Sachs Group raised their price objective on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a “buy” rating in a report on Friday, May 29th. TD Cowen restated a “buy” rating and set a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. Finally, Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a report on Monday, March 2nd. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,060.41.

Costco Wholesale Stock Down 0.6%

Shares of COST stock opened at $968.59 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm’s fifty day moving average price is $1,006.30 and its two-hundred day moving average price is $965.46. The firm has a market capitalization of $429.55 billion, a P/E ratio of 48.72, a PEG ratio of 4.72 and a beta of 0.88.

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). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same quarter in the previous year, the firm posted $4.28 earnings per share. On average, equities analysts predict that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

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

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.