United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Acquires 4,761 Shares of Costco Wholesale Corporation $COST

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of Costco Wholesale Corporation (NASDAQ:COSTFree Report) by 8.3% in the second quarter, Holdings Channel reports. The firm owned 62,219 shares of the retailer’s stock after acquiring an additional 4,761 shares during the period. Costco Wholesale accounts for approximately 1.0% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings, making the stock its 27th largest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Costco Wholesale were worth $58,204,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in COST. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Costco Wholesale in the 4th quarter valued at about $27,000. Lifetime Wealth Management P.C. purchased a new position in shares of Costco Wholesale during the fourth quarter worth approximately $28,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $28,000. Entrust Financial LLC bought a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $31,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Costco Wholesale in the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

COST has been the topic of several research reports. Roth Capital raised their price objective on Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a report on Friday, May 29th. Mizuho set a $1,100.00 target price on Costco Wholesale in a report on Monday, June 1st. Royal Bank Of Canada initiated coverage on Costco Wholesale in a research report on Monday, July 13th. They set a “sector perform” rating and a $1,000.00 price target on the stock. Sanford C. Bernstein raised their price target on Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Finally, DA Davidson restated a “neutral” rating and issued a $1,000.00 price objective on shares of Costco Wholesale in a report on Thursday, June 4th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,059.53.

Get Our Latest Stock Analysis on Costco Wholesale

Costco Wholesale News Roundup

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

  • Positive Sentiment: Costco’s membership program is being highlighted as an underappreciated growth engine. Recurring membership fees support profitability and customer loyalty, potentially providing a durable catalyst if renewal rates and membership growth remain strong. Costco Has a Secret Growth Engine
  • Positive Sentiment: Costco’s partnership with SCAN Health Plan to offer a limited selection of Medicare Advantage and Medicare Supplemental plans gives the retailer a potential new membership and services opportunity. The near-term financial impact is unclear, but the initiative could broaden Costco’s ecosystem and customer reach. Healthcare CEO partnering with Costco outlines Medicare offerings
  • Neutral Sentiment: Golden Reserve Retirement increased its Costco position by 133.9%, purchasing 592 additional shares. The investment signals confidence, but the resulting holding of only 1,034 shares is too small to materially affect Costco’s outlook. Golden Reserve increases Costco position
  • Neutral Sentiment: Consumer-focused articles highlighting savings, popular products and school snacks reinforce Costco’s value proposition, but they do not provide new financial information likely to move the stock. Coverage also reported zero short interest, though the figures appear incomplete or unreliable.
  • Negative Sentiment: Costco is refunding customers for duties it says were unlawfully collected on certain tariffed goods while fighting a related class-action lawsuit. Refund costs, possible legal liabilities and reputational damage could pressure results, although the refunds may help preserve customer trust. Why Is Costco Refunding Tariff Duties?

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the firm’s 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 sale, the director directly owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale Trading Down 0.4%

Shares of Costco Wholesale stock opened at $956.12 on Thursday. 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 capitalization of $424.02 billion, a price-to-earnings ratio of 48.09, a PEG ratio of 4.57 and a beta of 0.87. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The firm’s 50 day simple moving average is $946.25 and its two-hundred day simple moving average is $980.63.

Costco Wholesale (NASDAQ:COSTGet Free Report) last released 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). The firm had revenue of $70.53 billion for 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 period last year, the firm earned $4.28 EPS. Analysts predict that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

Costco Wholesale Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COSTFree Report).

Institutional Ownership by Quarter for Costco Wholesale (NASDAQ:COST)

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