Cim LLC Sells 1,387 Shares of Costco Wholesale Corporation $COST

Cim LLC lowered its stake in Costco Wholesale Corporation (NASDAQ:COST) by 6.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,363 shares of the retailer’s stock after selling 1,387 shares during the quarter. Costco Wholesale comprises approximately 2.9% of Cim LLC’s investment portfolio, making the stock its 8th biggest holding. Cim LLC’s holdings in Costco Wholesale were worth $20,291,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. World Investment Advisors increased its stake in Costco Wholesale by 8.4% in the 4th quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock valued at $15,835,000 after buying an additional 1,560 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Costco Wholesale by 24.5% during the 4th quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock worth $121,098,000 after buying an additional 27,625 shares during the last quarter. Curtis Advisory Group LLC boosted its stake in shares of Costco Wholesale by 56.7% during the 4th quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock worth $3,911,000 after buying an additional 1,641 shares during the last quarter. Perryman Financial Advisory Inc. AD acquired a new position in shares of Costco Wholesale during the 4th quarter worth about $9,300,000. Finally, Oak Ridge Investments LLC grew its holdings in shares of Costco Wholesale by 7.3% in the 4th quarter. Oak Ridge Investments LLC now owns 22,117 shares of the retailer’s stock valued at $19,072,000 after acquiring an additional 1,496 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Up 0.8%

Shares of COST stock opened at $974.03 on Thursday. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The stock has a market cap of $431.96 billion, a price-to-earnings ratio of 49.00, a PEG ratio of 4.67 and a beta of 0.88. The firm’s 50-day moving average is $958.85 and its 200-day moving average is $982.10. 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 (NASDAQ:COST) last posted its quarterly 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). The business had revenue of $70.53 billion for the quarter, compared to the consensus estimate 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 in the previous year, the business posted $4.28 EPS. Sell-side analysts predict that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Dividend Announcement

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

More Costco Wholesale News

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

• Positive Sentiment: Costco is being highlighted as a relatively safe dividend stock as investors favor companies with resilient demand, recurring membership revenue and a history of profit growth. Its earnings expansion has supported ongoing dividend increases and other capital returns. Why Costco, Verizon, Kroger, and Other Safe Dividend Stocks Are Rising
• Positive Sentiment: Costco’s retail partnership with athlete-backed hydration brand Coco5 could add a new health-and-wellness product to its assortment and introduce the brand to millions of members, although the direct financial impact is likely modest initially. Coco5 Signs Retail Partnership with Costco
• Positive Sentiment: A Florida distribution center is now operating with on-site solar generation and battery storage, potentially reducing exposure to grid costs and disruptions while advancing Costco’s sustainability goals. Costco Is Running a Florida Distribution Center Fully Off the Grid
• Neutral Sentiment: The Federal Reserve kept interest rates at 3.5%–3.75%. Stable rates support predictable financing conditions, but the possibility of future policy changes remains important for Costco’s consumer demand and premium valuation. The Fed Held Rates at 3.5%-3.75%
• Neutral Sentiment: Analyst comparisons with Walmart focus on Costco’s loyal membership base, digital growth and resilient sales, but also emphasize that COST trades at a richer valuation, leaving less room for disappointment. Walmart vs. Costco: Which Retail Stock Has the Stronger Edge?
• Negative Sentiment: Costco agreed to a $14 million settlement over allegations that emails sent to Washington shoppers used misleading subject lines. Costco denies wrongdoing, but the settlement adds legal expense and reputational risk. Costco’s $14 Million Email Settlement
• Negative Sentiment: Costco reportedly exited its relationship with Synergy CHC, a setback for that supplier and a possible indication of assortment or commercial changes, though the direct effect on Costco appears limited. Synergy CHC Faces Major Setback as Costco Exits
• Negative Sentiment: An animal-rights investigation alleges severe mistreatment and biosecurity violations at an organic chicken supplier connected to Costco. The allegations could increase supply-chain scrutiny and reputational risk if substantiated. Investigation Into Costco Chicken Supplier

Insider Activity at Costco Wholesale

In other news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on COST shares. Sanford C. Bernstein lifted their target price on Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Roth Capital boosted their price target on Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. Finally, UBS Group upped their price objective on Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,059.07.

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.