125,000 Shares in Costco Wholesale Corporation $COST Bought by Mariner Investment Group LLC

Mariner Investment Group LLC acquired a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 125,000 shares of the retailer’s stock, valued at approximately $107,792,000. Costco Wholesale comprises about 6.3% of Mariner Investment Group LLC’s portfolio, making the stock its 4th biggest position.

A number of other hedge funds have also bought and sold shares of COST. KW Wealth Management LLC raised its position in shares of Costco Wholesale by 8.8% in the 4th quarter. KW Wealth Management LLC now owns 2,224 shares of the retailer’s stock worth $1,918,000 after acquiring an additional 179 shares in the last quarter. MidFirst Bank acquired a new position in shares of Costco Wholesale during the fourth quarter worth approximately $9,000,000. Ketron Financial acquired a new position in Costco Wholesale during the fourth quarter worth $251,000. Astoria Portfolio Advisors LLC. raised its holdings in shares of Costco Wholesale by 55.9% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 1,522 shares of the retailer’s stock worth $1,312,000 after acquiring an additional 546 shares during the last quarter. Finally, SG Trading Solutions LLC purchased a new stake in shares of Costco Wholesale in the fourth quarter worth approximately $2,536,000. Institutional investors own 68.48% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Costco’s latest operating update showed strong momentum, with comparable sales up 9.8%, membership fees rising 10.7%, and digitally enabled sales jumping 21.5%, reinforcing the company’s durable growth story. Prediction: Costco Will Trade At This Price in 2027
• Positive Sentiment: Analysts and commentators continue to highlight Costco’s competitive advantages, loyal membership base, and ongoing technology investments to improve the shopping experience and ease customer pain points like parking. Costco tackles major frustration for members
• Positive Sentiment: Several recent articles frame the stock weakness as a possible buying opportunity, pointing to Costco’s resilient business model and long-term compounding potential. Why Weakness in Dividend-Paying Costco Stock Is a Strong Buying Opportunity
• Neutral Sentiment: Fresh media coverage around Costco products, store hours, and local development approvals is supportive of brand visibility, but these items are unlikely to materially move the stock on their own. Is Costco open on Juneteenth?
• Negative Sentiment: Investor sentiment remains cautious because Costco’s premium valuation is being questioned amid macro uncertainty and sticky inflation, with one recent note saying growth may not fully justify the stock’s price. Should You Buy Costco Stock for the Long Haul? Here’s the Honest Answer.
• Negative Sentiment: Analyst disagreement is also weighing on the shares, with one report noting Costco fell after Citi and Bernstein issued conflicting views on the big-box retailer. Costco Stock (COST) Drops as Analysts Can’t Agree on the Big-Box Retailer

Analyst Upgrades and Downgrades

Several brokerages have recently commented on COST. Sanford C. Bernstein increased their target price on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Mizuho set a $1,100.00 target price on Costco Wholesale in a research note on Monday, June 1st. BMO Capital Markets boosted their price target on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Telsey Advisory Group increased their price objective on Costco Wholesale from $1,125.00 to $1,135.00 and gave the stock an “outperform” rating in a report on Thursday, April 9th. Finally, Wells Fargo & Company increased their target price on shares of 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 investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,061.45.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $951.45 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The firm has a market cap of $421.95 billion, a P/E ratio of 47.86, a P/E/G ratio of 4.61 and a beta of 0.88. The firm has a 50-day moving average of $1,000.19 and a 200-day moving average of $969.01.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS 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 company earned $4.28 EPS. Sell-side analysts expect that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is currently 29.58%.

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.