Evolve Private Wealth LLC Makes New $7.97 Million Investment in Costco Wholesale Corporation $COST

Evolve Private Wealth LLC purchased a new position in Costco Wholesale Corporation (NASDAQ:COST) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,240 shares of the retailer’s stock, valued at approximately $7,968,000.

Several other hedge funds have also bought and sold shares of the stock. Capitolis Liquid Global Markets LLC lifted its stake in Costco Wholesale by 36.7% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 415,428 shares of the retailer’s stock worth $358,240,000 after purchasing an additional 111,546 shares in the last quarter. Cinctive Capital Management LP purchased a new stake in Costco Wholesale in the 4th quarter worth $7,182,000. Claro Advisors Inc. lifted its stake in Costco Wholesale by 5.0% in the 4th quarter. Claro Advisors Inc. now owns 2,104 shares of the retailer’s stock worth $1,815,000 after purchasing an additional 101 shares in the last quarter. Core Wealth Partners LLC increased its holdings in shares of Costco Wholesale by 1.9% in the 4th quarter. Core Wealth Partners LLC now owns 4,039 shares of the retailer’s stock worth $3,483,000 after buying an additional 77 shares during the last quarter. Finally, Argyle Capital Partners LLC increased its holdings in shares of Costco Wholesale by 4.0% in the 4th quarter. Argyle Capital Partners LLC now owns 952 shares of the retailer’s stock worth $821,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $965.59 on Thursday. The company has a market cap of $428.22 billion, a PE ratio of 48.57, a price-to-earnings-growth ratio of 4.78 and a beta of 0.88. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company’s 50-day moving average price is $1,003.00 and its 200-day moving average price is $968.87. 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 posted its quarterly earnings data 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 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 last year, the company earned $4.28 earnings per share. On average, equities research analysts forecast that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $1.47 dividend. This is an increase 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 dividend payout ratio is currently 29.58%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on COST. JPMorgan Chase & Co. boosted their target price on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. BMO Capital Markets boosted their target price on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. UBS Group boosted their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $1,050.00 target price on shares of Costco Wholesale in a report on Thursday, March 5th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,060.41.

More Costco Wholesale News

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

• Positive Sentiment: Analysts and market commentary pointed to Costco’s rising traffic, strong comparable sales, and gas-related member engagement as evidence that its value proposition continues to drive repeat visits and support growth. Article Title
• Positive Sentiment: Costco was included in a list of earnings-acceleration stocks, with commentary noting rising EPS growth trends that can precede stronger share performance. Article Title
• Positive Sentiment: A separate article argued that Costco remains a durable long-term “buy and hold” business because of its loyal customer base and membership-driven model. Article Title
• Neutral Sentiment: Several lifestyle pieces mentioned Costco shopping habits and product preferences, but these articles are not likely to materially affect the stock. Article Title
• Neutral Sentiment: Commentary comparing Costco with Walmart and asking whether the stock can break $1,100 by 2027 mainly reflects valuation debate rather than a clear near-term catalyst. Article Title
• Negative Sentiment: One market note said Costco fell alongside other retail stocks even as lower gas prices and a broader oil-related relief theme were discussed, suggesting some short-term weakness may be driven by sector rotation rather than fundamentals. Article Title

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.