Costco Wholesale Corporation $COST Holdings Lifted by Oak Harvest Investment Services

Oak Harvest Investment Services boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 7.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,682 shares of the retailer’s stock after buying an additional 972 shares during the period. Costco Wholesale makes up about 1.3% of Oak Harvest Investment Services’ holdings, making the stock its 22nd biggest position. Oak Harvest Investment Services’ holdings in Costco Wholesale were worth $13,734,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Processus Wealth & Capital Management LLC boosted its position in Costco Wholesale by 0.4% during the 2nd quarter. Processus Wealth & Capital Management LLC now owns 5,019 shares of the retailer’s stock worth $4,696,000 after acquiring an additional 20 shares during the period. Ballast Inc. grew its stake in Costco Wholesale by 15.7% during the 2nd quarter. Ballast Inc. now owns 3,501 shares of the retailer’s stock valued at $3,275,000 after acquiring an additional 475 shares in the last quarter. Regent Peak Wealth Advisors LLC increased its holdings in shares of Costco Wholesale by 3.7% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 1,913 shares of the retailer’s stock valued at $1,790,000 after purchasing an additional 69 shares during the period. Hyperion Asset Management Ltd increased its holdings in shares of Costco Wholesale by 9.0% in the 2nd quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer’s stock valued at $64,325,000 after purchasing an additional 5,656 shares during the period. Finally, Insight Wealth Strategies LLC lifted its position in shares of Costco Wholesale by 80.7% in the second quarter. Insight Wealth Strategies LLC now owns 383 shares of the retailer’s stock worth $354,000 after purchasing an additional 171 shares in the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COST shares. 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. TD Cowen reissued a “buy” rating and set a $1,175.00 price objective on shares of Costco Wholesale in a research report on Wednesday, June 3rd. The Goldman Sachs Group boosted their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research note on Friday, May 29th. DA Davidson reaffirmed a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research report on Thursday, June 4th. Finally, Mizuho set a $1,100.00 price target on Costco Wholesale in a research note on Monday, June 1st. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,059.53.

Costco Wholesale Stock Performance

Shares of COST opened at $961.85 on Friday. The company’s fifty day moving average is $949.99 and its 200-day moving average is $981.44. 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 cap of $426.56 billion, a price-to-earnings ratio of 48.38, a price-to-earnings-growth ratio of 4.52 and a beta of 0.87. 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 (NASDAQ:COST) last released its quarterly 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). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. During the same quarter in the prior year, the business posted $4.28 EPS. Equities analysts expect that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is 29.58%.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Costco outperformed the broader market in the latest session, reflecting continued investor interest in its membership-based warehouse model and ability to attract value-conscious consumers. Costco Outpaces Stock Market Gains
• Positive Sentiment: Analysts remain moderately optimistic about Costco’s long-term prospects, while separate retail coverage identified Costco as one of several chains positioned for a potential earnings beat because of resilient demand, value offerings and digital growth. Wall Street Analysts on Costco Retail Stocks Poised for an Earnings Beat
• Positive Sentiment: Costco is expanding its assortment and customer appeal: BrightFarms’ locally grown salad greens are entering Atlanta-area warehouses, a reusable tote set is rolling out in West Coast stores and online, and Kirkland Signature chocolate chips have returned after a two-year absence. These launches may support traffic, customer loyalty and private-label engagement, although their direct financial impact is likely modest. BrightFarms Salad Greens at Costco Costco Reusable Tote Launch Kirkland Chocolate Chips Return
• Neutral Sentiment: Plans for seven new Costco locations in 2026 reinforce the company’s unit-growth strategy, but the stores will require time and investment before contributing materially to earnings. New Costco Locations in 2026
• Negative Sentiment: Costco’s premium valuation remains a risk for investors: the shares trade at a high earnings multiple, leaving less room for disappointment despite the favorable outlook. The latest reported quarter also narrowly missed the consensus EPS estimate, although revenue exceeded expectations.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the sale, the director owned 4,779 shares of the company’s stock, valued at $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 is available at this hyperlink. 0.10% of the stock is owned by corporate insiders.

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.