Texas Capital Bank Wealth Management Services Inc Buys 663 Shares of Costco Wholesale Corporation $COST

Texas Capital Bank Wealth Management Services Inc raised its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,928 shares of the retailer’s stock after purchasing an additional 663 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in Costco Wholesale were worth $9,424,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Hurley Capital LLC grew its holdings in Costco Wholesale by 120.0% during the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after purchasing an additional 18 shares during the period. Entrust Financial LLC bought a new stake in Costco Wholesale during the fourth quarter valued at about $31,000. Abich Financial Wealth Management LLC bought a new stake in Costco Wholesale during the third quarter valued at about $34,000. Collier Financial bought a new stake in Costco Wholesale during the third quarter valued at about $35,000. Finally, Joseph Group Capital Management bought a new stake in Costco Wholesale during the fourth quarter valued at about $33,000. Institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on COST shares. Robert W. Baird set a $1,100.00 price target on Costco Wholesale in a report on Thursday, February 5th. Truist Financial upped their price objective on Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a research note on Friday, March 6th. Mizuho upped their price objective on Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $1,192.00 price objective on shares of Costco Wholesale in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. upped their price objective on Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,052.60.

Insider Activity

In other news, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the sale, the executive vice president directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This trade represents a 10.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by insiders.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Analysts and media coverage remain constructive, with multiple firms reiterating bullish views and price targets implying upside if Costco delivers another solid quarter. Analyst Reaffirms Buy on Costco, Sees Attractive Upside with Unchanged $1,185 Price Target
• Positive Sentiment: Pre-earnings commentary highlights strong monthly sales, membership growth, e-commerce gains, and higher gas prices potentially boosting traffic and top-line momentum. Costco Heads into Earnings with Monthly Sales Already Doing the Heavy Lifting
• Positive Sentiment: Some analysts are calling Costco a top defensive consumer stock, reinforcing its reputation as a steady performer in uncertain markets. Bernstein Calls Costco (COST) a Top Defensive Consumer Stock
• Neutral Sentiment: Multiple previews note that investors are largely waiting for Thursday’s earnings report to reset expectations, with the stock seen as capable of moving sharply depending on guidance and margin commentary. Here’s How Much Costco Stock Is Expected to Move After Earnings Q3 FY2026
• Neutral Sentiment: There was also a separate headline about an optical-services scheduling issue and a grapevine pest concern involving Costco-sold plants, but these appear limited in scope and are less likely to affect the broader investment thesis. Costco optical customers face frustration trying to schedule eye exams
• Negative Sentiment: Pre-earnings caution and valuation pressure are weighing on the shares, with some market watchers saying it may be prudent to wait for results rather than chase the stock now. Costco Q3 Preview: Stock Could Hit $1,200 Or Fall To $960, Market Expert Says ‘Prudent To Wait This One Out’
• Negative Sentiment: A federal jury verdict in a disability discrimination case raised legal and compliance concerns, creating a modest overhang ahead of earnings. Costco Discrimination Verdict Puts Legal And Compliance Risks In Focus

Costco Wholesale Price Performance

Shares of Costco Wholesale stock opened at $1,003.69 on Thursday. The stock has a 50 day moving average of $1,008.29 and a 200 day moving average of $962.02. 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 $445.29 billion, a PE ratio of 52.19, a PEG ratio of 4.93 and a beta of 0.92. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The company had revenue of $69.60 billion during the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $4.02 earnings per share. On average, research analysts expect that Costco Wholesale Corporation will post 20.33 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is 30.58%.

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.