Swedbank AB Has $641.15 Million Stock Position in Costco Wholesale Corporation $COST

Swedbank AB lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 0.2% in the 1st quarter, HoldingsChannel reports. The fund owned 643,451 shares of the retailer’s stock after purchasing an additional 1,410 shares during the period. Swedbank AB’s holdings in Costco Wholesale were worth $641,154,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after purchasing an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Costco Wholesale by 13.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after buying an additional 130 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Costco Wholesale by 4.5% during the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after buying an additional 165 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its holdings in Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock worth $2,089,000 after acquiring an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in Costco Wholesale by 2.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock worth $8,416,000 after purchasing an additional 182 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on COST. Oppenheimer upped their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Wells Fargo & Company upped their price objective 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. Deutsche Bank Aktiengesellschaft increased their target price on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Finally, Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a research report on Monday, June 1st. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and a consensus price target of $1,061.45.

Insiders Place Their Bets

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Wall Street analysts are described as increasingly optimistic on Costco, which can support the stock by reinforcing the market’s view that the company still deserves a premium valuation. Is Costco (COST) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Several articles highlight Costco as a durable long-term compounder and a resilient business, suggesting investors continue to favor its defensive model and steady membership-driven cash flow. Costco Wholesale Corporation (COST) Benefits from Investors’ Focus on Resilient Businesses
• Positive Sentiment: Costco’s move to build a retail media business with Google Commerce Media and YouTube could open a new high-margin revenue stream, which investors may view as a meaningful growth lever. Can Costco Stock Build a Meaningful Retail Media Business?
• Positive Sentiment: Coverage suggesting Costco is benefiting from investor preference for resilient consumer businesses may help the stock if the market remains focused on defensive retail names amid economic uncertainty. Is Costco Wholesale Corporation (COST) a Durable Long-Term Compounder?
• Neutral Sentiment: Multiple stories comparing Costco with Walmart and other retail peers keep the stock in focus, but these pieces are more discussion-oriented than company-specific catalysts. Costco vs Walmart: What’s the Better Retail Stock to Buy Right Now?
• Neutral Sentiment: Articles about Costco’s famous hot dog, food-court franks, and milk are largely consumer-interest pieces and are unlikely to materially affect the stock. Are Costco’s famous food court franks available for bulk purchase?
• Negative Sentiment: Some commentary argues Costco’s valuation leaves limited upside versus cheaper alternatives, which could weigh on sentiment if investors become more valuation-sensitive. When I Try to Imagine the Best Investment Opportunity for the Next 10 Years, Costco Stock Just Doesn’t Make the Cut. That’s Why I Keep Coming Back to This Stock.

Costco Wholesale Price Performance

COST stock traded up $0.84 during mid-day trading on Tuesday, reaching $951.10. 563,397 shares of the company traded hands, compared to its average volume of 2,229,966. 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 company has a market capitalization of $421.79 billion, a P/E ratio of 47.92, a P/E/G ratio of 4.61 and a beta of 0.88. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The company has a fifty day moving average price of $990.38 and a 200-day moving average price of $973.36.

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). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. During the same period in the previous year, the company posted $4.28 earnings per share. As a group, analysts anticipate that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a dividend of $1.47 per share. 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 yield of 0.6%. Costco Wholesale’s payout ratio is currently 29.58%.

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.