Tobam Acquires 2,243 Shares of Costco Wholesale Corporation $COST

Tobam grew its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 1,536.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,389 shares of the retailer’s stock after acquiring an additional 2,243 shares during the quarter. Tobam’s holdings in Costco Wholesale were worth $2,060,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Clearwave Capital LLC bought a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $1,692,000. NCM Capital Management LLC boosted its holdings in Costco Wholesale by 3.6% in the fourth quarter. NCM Capital Management LLC now owns 428 shares of the retailer’s stock valued at $369,000 after acquiring an additional 15 shares in the last quarter. Arwa LLC purchased a new position in Costco Wholesale during the 4th quarter valued at $1,518,000. Instrumental Wealth LLC purchased a new position in Costco Wholesale during the 4th quarter valued at $188,000. Finally, Groupama Asset Managment raised its holdings in Costco Wholesale by 17.3% in the 4th quarter. Groupama Asset Managment now owns 17,567 shares of the retailer’s stock worth $15,145,000 after purchasing an additional 2,593 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Analysts Set New Price Targets

COST has been the subject of several research analyst reports. 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. DA Davidson reissued 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 raised their price objective on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Citigroup began coverage on Costco Wholesale in a research report on Thursday. They set a “neutral” rating and a $1,020.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upped 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. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,061.45.

Costco Wholesale Price Performance

COST opened at $951.45 on Friday. The stock has a 50-day moving average price of $1,000.19 and a 200-day moving average price of $969.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The firm has a market cap of $421.95 billion, a PE ratio of 47.86, a P/E/G ratio of 4.61 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 announced its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The firm 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 firm earned $4.28 EPS. Sell-side analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

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

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco’s latest operating update showed strong momentum, with comparable sales up 9.8%, membership fees rising 10.7%, and digitally enabled sales jumping 21.5%, reinforcing the company’s durable growth story. Prediction: Costco Will Trade At This Price in 2027
• Positive Sentiment: Analysts and commentators continue to highlight Costco’s competitive advantages, loyal membership base, and ongoing technology investments to improve the shopping experience and ease customer pain points like parking. Costco tackles major frustration for members
• Positive Sentiment: Several recent articles frame the stock weakness as a possible buying opportunity, pointing to Costco’s resilient business model and long-term compounding potential. Why Weakness in Dividend-Paying Costco Stock Is a Strong Buying Opportunity
• Neutral Sentiment: Fresh media coverage around Costco products, store hours, and local development approvals is supportive of brand visibility, but these items are unlikely to materially move the stock on their own. Is Costco open on Juneteenth?
• Negative Sentiment: Investor sentiment remains cautious because Costco’s premium valuation is being questioned amid macro uncertainty and sticky inflation, with one recent note saying growth may not fully justify the stock’s price. Should You Buy Costco Stock for the Long Haul? Here’s the Honest Answer.
• Negative Sentiment: Analyst disagreement is also weighing on the shares, with one report noting Costco fell after Citi and Bernstein issued conflicting views on the big-box retailer. Costco Stock (COST) Drops as Analysts Can’t Agree on the Big-Box Retailer

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.