Stenger Family Office LLC Purchases 778 Shares of Costco Wholesale Corporation $COST

Stenger Family Office LLC increased its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 9.5% during the 1st quarter, Holdings Channel reports. The firm owned 8,943 shares of the retailer’s stock after purchasing an additional 778 shares during the quarter. Costco Wholesale makes up approximately 1.6% of Stenger Family Office LLC’s holdings, making the stock its 14th largest holding. Stenger Family Office LLC’s holdings in Costco Wholesale were worth $8,912,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. FORA Capital LLC purchased a new stake in shares of Costco Wholesale during the 3rd quarter valued at approximately $2,781,000. World Investment Advisors boosted its holdings in Costco Wholesale by 8.4% in the 4th quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock worth $15,835,000 after buying an additional 1,560 shares during the period. Teacher Retirement System of Texas grew its stake in Costco Wholesale by 24.5% in the 4th quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock valued at $121,098,000 after buying an additional 27,625 shares in the last quarter. Curtis Advisory Group LLC grew its stake in Costco Wholesale by 56.7% in the 4th quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock valued at $3,911,000 after buying an additional 1,641 shares in the last quarter. Finally, Perryman Financial Advisory Inc. AD bought a new stake in Costco Wholesale during the 4th quarter valued at $9,300,000. 68.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft increased their target price on 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. DA Davidson reiterated a “neutral” rating and issued a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, June 4th. Roth Capital boosted their price objective on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research note on Friday, May 29th. Weiss Ratings cut Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,061.45.

Costco Wholesale Stock Performance

NASDAQ COST opened at $953.13 on Thursday. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. 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 stock has a market capitalization of $422.69 billion, a PE ratio of 47.94, a P/E/G ratio of 4.59 and a beta of 0.88. The company’s 50 day simple moving average is $986.93 and its two-hundred day simple moving average is $975.26.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate 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 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 earnings per share. Analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is 29.58%.

Key Costco Wholesale News

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

• Positive Sentiment: Costco reported strong June sales of $29.24 billion, signaling continued momentum in its core business and supporting the stock’s defensive growth story. Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend
• Positive Sentiment: William Blair reiterated a Buy rating, citing resilient traffic and Costco’s defensive positioning despite temporary headwinds, which adds to bullish sentiment around the shares. Analyst Maintains Buy on Costco, Citing Resilient Traffic and Defensive Positioning Despite Transient Headwinds
• Positive Sentiment: Costco also announced its quarterly cash dividend alongside the sales update, reinforcing its shareholder-return profile. Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend
• Neutral Sentiment: Broader commentary about Costco as a blue-chip, quality retail name may be helping support investor interest, but it is not a direct company-specific catalyst. 3 Blue-Chip Retail Stocks to Trust as Volatility Favors Quality
• Negative Sentiment: A consumer lawsuit alleging Costco sold Orgain protein supplements contaminated with heavy metals could create some headline risk, though it appears less impactful than the strong sales news. Hagens Berman: Consumer Lawsuit Against Costco Alleges Toxic Heavy Metals in Orgain Protein Supplements

Insider Transactions at Costco Wholesale

In related news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

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.