Marin Bay Wealth Advisors LLC Grows Position in Costco Wholesale Corporation $COST

Marin Bay Wealth Advisors LLC lifted its position in Costco Wholesale Corporation (NASDAQ:COST) by 56.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,489 shares of the retailer’s stock after purchasing an additional 1,264 shares during the period. Costco Wholesale comprises approximately 1.0% of Marin Bay Wealth Advisors LLC’s portfolio, making the stock its 14th biggest holding. Marin Bay Wealth Advisors LLC’s holdings in Costco Wholesale were worth $3,477,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Costco Wholesale during the 4th quarter valued at $27,000. Lifetime Wealth Management P.C. purchased a new position in shares of Costco Wholesale in the fourth quarter valued at about $28,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Costco Wholesale in the fourth quarter valued at about $28,000. Entrust Financial LLC bought a new position in shares of Costco Wholesale during the fourth quarter valued at about $31,000. Finally, Joseph Group Capital Management bought a new position in shares of Costco Wholesale during the fourth quarter valued at about $33,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $929.22 on Wednesday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The firm has a market capitalization of $412.09 billion, a P/E ratio of 46.74, a P/E/G ratio of 4.52 and a beta of 0.88. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The business has a fifty day simple moving average of $972.60 and a two-hundred day simple moving average of $979.28.

Costco Wholesale (NASDAQ:COST) last released its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The business had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same period in the prior year, the company earned $4.28 earnings per share. On average, equities analysts forecast that Costco Wholesale Corporation will post 20.42 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 paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco is being praised for its long runway for expansion, with analysts pointing to plans for 26 net-new warehouses in fiscal 2026 and a broader international pipeline. Why Costco’s Warehouse Growth Story Is Far From Over
• Positive Sentiment: New store-opening reports, including more locations coming in 2026 and a new Clarksville site, reinforce Costco’s continued footprint expansion and should support revenue growth expectations. 8 more Costco stores are coming in 2026. Is Ohio getting one? Costco coming to Freedom Farms in Clarksville
• Positive Sentiment: Costco’s pharmacy and prescription-service expansion could make memberships more valuable and increase customer loyalty and visit frequency. Costco expands pharmacy, prescription services for members
• Positive Sentiment: Coverage around new premium items, such as Laifen hair dryers in stores, suggests Costco is still expanding its product assortment and strengthening its appeal to higher-spending members. Costco (COST) Brings Laifen Hair Dryer To Stores In Its Biggest US Retail Push
• Neutral Sentiment: Several articles framed Costco as a strong long-term compounder and a potential future trillion-dollar company, which is supportive sentiment but not a near-term catalyst. Prediction: Costco Will Join the $1 Trillion Club by 2033
• Neutral Sentiment: Other commentary focused on Costco as a high-quality dividend or retirement holding, while also noting valuation concerns versus peers; this keeps the stock in the spotlight but does not change the business outlook immediately. Costco Is a Compelling Investment Opportunity, but This Stock Could Be an Even Better Buy Costco Is a No-Brainer Buy for Retirement Investors Right Now
• Negative Sentiment: Some coverage highlighted that COST has pulled back from recent highs and remains expensive on earnings metrics, which may be weighing on near-term trading. Price Prediction: Will Costco Hit a New-High This Year?
• Negative Sentiment: One report noted the stock edged lower even as Costco reportedly plans standalone gas stations, suggesting investors may be taking a cautious approach to the expansion news. Costco Stock (COST) Drops despite Bet on Stand-Alone Gas Stations in Sales Push

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction dated 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 owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on COST. Weiss Ratings cut Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Oppenheimer upped their price target on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Telsey Advisory Group upped their price target on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a research report on Thursday, April 9th. TD Cowen reiterated a “buy” rating and issued a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Finally, Wells Fargo & Company lifted their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 9th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,059.07.

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.