Krilogy Financial LLC Grows Stock Holdings in Costco Wholesale Corporation $COST

Krilogy Financial LLC boosted its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 19.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,810 shares of the retailer’s stock after buying an additional 614 shares during the quarter. Krilogy Financial LLC’s holdings in Costco Wholesale were worth $3,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $27,000. Lifetime Wealth Management P.C. purchased a new position in Costco Wholesale in the 4th quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. purchased a new position in Costco Wholesale in the 4th quarter valued at approximately $28,000. Hurley Capital LLC raised its holdings in Costco Wholesale by 120.0% during 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 last quarter. Finally, Entrust Financial LLC acquired a new position in Costco Wholesale during the fourth quarter worth $31,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Stock Up 0.3%

Shares of NASDAQ:COST opened at $960.78 on Thursday. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The stock’s fifty day simple moving average is $997.36 and its 200-day simple moving average is $970.33. The company has a market capitalization of $426.09 billion, a P/E ratio of 48.33, a P/E/G ratio of 4.64 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The company had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the previous year, the business earned $4.28 EPS. As a group, equities research analysts forecast that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Raymond James Financial raised their price target on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Sanford C. Bernstein increased their price objective on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. BTIG Research restated a “buy” rating and set a $1,125.00 target price on shares of Costco Wholesale in a report on Friday, May 29th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Finally, Wells Fargo & Company upped their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. Twenty-two 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 company’s stock. Based on data from MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average price target of $1,061.45.

Key Costco Wholesale News

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

• Positive Sentiment: Several analysts and market commentators remained constructive on Costco, highlighting its resilient membership model, digital gains, and global expansion as reasons it may outperform other retailers. Costco vs. Target: Which Discount Retailer Holds More Promise?
• Positive Sentiment: Costco also drew favorable valuation/upside coverage, with one report calling for about 10% upside and a path toward $1,000 per share, reinforcing the idea that the recent pullback may be an entry point. Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside
• Positive Sentiment: News that Costco is opening two new locations this week, plus approval for another warehouse site, underscores continued store-count expansion and long-term growth potential. Costco is opening 2 new locations this week. See where ‘I can say it’s a Costco’ | engineer says as P&Z approves rezoning for wholesale warehouse
• Positive Sentiment: Coverage comparing Costco with Target emphasized that Costco’s quarterly sales are now more than double Target’s, with seasonal sales strength highlighting the power of its warehouse model. Target vs. Costco: What Their Revenue Trends Tell Investors
• Neutral Sentiment: Articles also framed Costco as a defensive stock that could hold up well during a market correction, which supports investor confidence but is not company-specific news. Costco, Exxon, and 17 More Winners if the Market Drops
• Neutral Sentiment: Recent commentary noted strong sales growth and high membership renewals, but also said the stock fell anyway, suggesting investors may be weighing valuation after a strong run. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
• Neutral Sentiment: Additional pieces about new products, store openings, and shopping trends mainly reinforce Costco’s brand strength and traffic drivers, but are less likely to move the stock on their own.

Costco Wholesale 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.