Costco Wholesale Corporation $COST Position Decreased by Infusive Asset Management Inc.

Infusive Asset Management Inc. decreased its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 30.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,974 shares of the retailer’s stock after selling 4,322 shares during the period. Costco Wholesale comprises approximately 4.8% of Infusive Asset Management Inc.’s holdings, making the stock its 6th largest position. Infusive Asset Management Inc.’s holdings in Costco Wholesale were worth $9,938,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. World Investment Advisors grew its holdings in Costco Wholesale by 8.4% during the 4th quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock valued at $15,835,000 after purchasing an additional 1,560 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Costco Wholesale by 24.5% in 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 in the last quarter. Curtis Advisory Group LLC lifted its holdings in Costco Wholesale by 56.7% in 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 in the last quarter. Perryman Financial Advisory Inc. AD purchased a new position in Costco Wholesale in the 4th quarter valued at about $9,300,000. Finally, Oak Ridge Investments LLC boosted its position in 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 buying an additional 1,496 shares during the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. The Goldman Sachs Group lifted their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Telsey Advisory Group increased their price target on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. lowered their price objective on Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Finally, Wells Fargo & Company lifted their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Thursday, April 9th. Twenty-two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,059.07.

More Costco Wholesale News

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

• Positive Sentiment: Costco is expanding its warehouse footprint with several planned new locations across multiple states, including a first store in some markets, which could support membership growth, sales, and regional market share. Costco plans several new stores in multiple states: Here’s where
• Positive Sentiment: Analysts continue to view Costco favorably, with consensus ratings still at “Moderate Buy,” reinforcing confidence in the company’s defensive business model and long-term earnings power. Costco Wholesale Corporation (NASDAQ:COST) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Costco’s early Executive Membership success in China and continued warehouse expansion there could improve fee income and customer loyalty, creating a new growth catalyst outside the U.S. Why China Could Become Costco’s Next Membership Catalyst
• Positive Sentiment: New product launches and retailer exclusives from brands like Laifen and Jackery show Costco remains an attractive distribution channel, supporting traffic and merchandising momentum. Is Costco Wholesale (COST) Undervalued As New Product Launches Test Its Premium Valuation?
• Neutral Sentiment: Commentary focused on Costco’s high dividend growth and durable earnings model adds to the bullish long-term case, but it does not appear to be a new catalyst on its own. Will Costco (COST) be Able to Continue High Dividend Growth?
• Neutral Sentiment: Reports about a new standalone gas station and local tax revenue from store openings highlight business expansion, but they are more incremental than transformative for the stock. Costco Officially Launched Standalone Gas Stations. Don’t Count on This Fueling Another Leg Higher in COST Stock. Costco could bring millions in new tax revenue to Clarksville, leaders say
• Negative Sentiment: Investor concern remains around Costco’s premium valuation, with recent commentary questioning whether the stock is still undervalued after its strong run. Is Costco Wholesale (COST) Undervalued As New Product Launches Test Its Premium Valuation?
• Negative Sentiment: Legal headlines noting multiple lawsuits this year may add some overhang, even if the direct financial impact is still unclear. Costco had 3 lawsuits filed against it this year: See why

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $926.06 on Friday. 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 Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm’s 50-day simple moving average is $968.19 and its 200-day simple moving average is $980.24. The firm has a market cap of $410.69 billion, a PE ratio of 46.58, a price-to-earnings-growth ratio of 4.48 and a beta of 0.88.

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 firm had revenue of $70.53 billion during the quarter, compared to analyst estimates 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 last year, the business posted $4.28 earnings per share. Equities analysts forecast that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, July 24th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is presently 29.58%.

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 value of $847,343.25. Following the completion of the transaction, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

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.