Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Acquires 4,953 Shares of Costco Wholesale Corporation $COST

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 23.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,991 shares of the retailer’s stock after acquiring an additional 4,953 shares during the quarter. Costco Wholesale makes up about 1.5% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s portfolio, making the stock its 20th biggest holding. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Costco Wholesale were worth $22,413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hurley Capital LLC boosted its stake in shares of Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after acquiring an additional 18 shares during the period. Entrust Financial LLC bought a new position in shares of Costco Wholesale during the 4th quarter worth approximately $31,000. Joseph Group Capital Management bought a new position in shares of Costco Wholesale during the 4th quarter worth approximately $33,000. Abich Financial Wealth Management LLC bought a new position in shares of Costco Wholesale during the 3rd quarter worth approximately $34,000. Finally, Collier Financial bought a new position in shares of Costco Wholesale during the 3rd quarter worth approximately $35,000. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $971.87 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.59 and a current ratio of 1.07. 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 capitalization of $431.00 billion, a P/E ratio of 48.89, a price-to-earnings-growth ratio of 4.71 and a beta of 0.88. The stock has a fifty day moving average of $1,006.71 and a 200-day moving average of $963.99.

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). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. During the same period last year, the firm posted $4.28 EPS. On average, sell-side analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $1.47 per share. 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 dividend yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

Insider Activity at Costco Wholesale

In other news, EVP Claudine Adamo sold 730 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the transaction, the executive vice president owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on COST. TD Cowen restated a “buy” rating and issued a $1,175.00 price target on shares of Costco Wholesale in a research note on Wednesday. Mizuho set a $1,100.00 price target on Costco Wholesale in a research note on Monday, June 1st. UBS Group boosted their price target on Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Finally, JPMorgan Chase & Co. boosted their price target on Costco Wholesale from $1,060.00 to $1,110.00 and gave the company 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 assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,060.41.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco posted another strong month, with May net sales up 14.5% year over year to $24.01 billion and comparable sales still running at a healthy pace, reinforcing the view that traffic and spending trends remain solid. Costco Wholesale Corporation Reports May Sales Results
• Positive Sentiment: Analysts continued to point to Costco’s defensive fundamentals, strong U.S. comparable sales, fuel-driven traffic, and growing digital business as reasons for optimism on the stock. Costco Stock (COST) Keeps Wall Street Split despite Accelerating Sales
• Positive Sentiment: Costco’s ability to hold up during the broader market sell-off underscored its reputation as a defensive retailer, which may have helped support investor interest. Why Costco Stock Held Steady During Friday’s Market Sell-Off
• Neutral Sentiment: Several articles framed Costco as a high-quality long-term compounder, but also emphasized that its premium valuation leaves less room for error if growth slows. Costco stock price shocks market despite major blowout quarter
• Neutral Sentiment: Costco’s valuation remains a debate point on Wall Street, with some analysts maintaining Buy ratings and high price targets while others argue the stock already reflects much of the good news. Costco: Robust Comps and Reaccelerating Digital Sales Support Buy Rating, Price Target Reaffirmed at $1275
• Negative Sentiment: One recent note argued that Costco’s strong quarter was not enough to offset valuation worries, suggesting investors may be hesitant to pay up after the recent sales-driven rally. Costco’s Strong Quarter Still Leaves Investors with a Valuation Problem

About Costco Wholesale

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.