Costco Wholesale Corporation $COST Holdings Decreased by Centurion Wealth Management LLC

Centurion Wealth Management LLC decreased its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 59.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 632 shares of the retailer’s stock after selling 923 shares during the quarter. Centurion Wealth Management LLC’s holdings in Costco Wholesale were worth $591,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Costco Wholesale during the 4th quarter valued at about $27,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Costco Wholesale in the fourth quarter worth approximately $28,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale in the fourth quarter worth approximately $28,000. Manning & Napier Advisors LLC boosted its holdings in shares of Costco Wholesale by 750.0% during the first quarter. Manning & Napier Advisors LLC now owns 34 shares of the retailer’s stock worth $34,000 after purchasing an additional 30 shares during the period. Finally, Entrust Financial LLC acquired a new stake in shares of Costco Wholesale during the fourth quarter worth approximately $31,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,120.00 price objective on shares of Costco Wholesale in a research report on Thursday. Truist Financial lifted their target price on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Weiss Ratings cut shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Sanford C. Bernstein upped their price target on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Citigroup started coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price target on the stock. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,059.53.

Insider Buying and Selling at Costco Wholesale

In other news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction 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 completion of the sale, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Performance

Shares of NASDAQ COST opened at $947.82 on Monday. The business’s 50-day simple moving average is $950.51 and its 200-day simple moving average is $982.13. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50. The firm has a market cap of $420.34 billion, a price-to-earnings ratio of 47.68, a P/E/G ratio of 4.51 and a beta of 0.87.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($0.01). The company had revenue of $70.53 billion during the quarter, compared to analyst estimates 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 last year, the firm posted $4.28 earnings per share. As a group, equities research analysts expect that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Strong July sales support the growth narrative. Costco reported July net sales of $23.12 billion, up 10.7% year over year. Sales for the first 48 weeks rose 10.1% to $273.55 billion, suggesting resilient consumer demand and continued momentum across its warehouse business. Comparable sales also increased, a key measure for retail investors. Costco Wholesale Corporation Reports July Sales Results
• Positive Sentiment: New warehouse openings are drawing strong customer interest. Reports from the Capital Region and Oconomowoc describe enthusiastic crowds for Costco’s latest locations. Successful openings can expand the membership base, warehouse footprint and long-term sales potential, although the near-term financial contribution is likely limited. New Costco Opens in Oconomowoc to Enthusiastic Shoppers
• Positive Sentiment: Costco’s private-label strategy remains influential. Lord & Taylor is reportedly considering a Costco-like approach centered on private-label merchandise, highlighting the strength of Costco’s Kirkland Signature brand and the competitive value of its membership model. Formerly Bankrupt Lord and Taylor Bets on Costco Strategy
• Neutral Sentiment: Coverage of a potential business-center expansion and the role of pharmacy operations offers possible strategic upside, but no specific financial impact or firm expansion plan was provided. Costco Business Center Plan
• Negative Sentiment: Valuation is limiting enthusiasm. Analysts and tactical-investing commentary characterize COST as fairly valued or advise patience for a pullback, with one analysis identifying a potential buying range near $820–$860. Costco trades at a high earnings multiple, leaving the stock vulnerable if sales growth slows or results fail to exceed expectations. How Tactical Buyers Should Play Costco Today

Costco Wholesale Company 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.