L. Roy Papp & Associates LLP Has $21.24 Million Stock Holdings in Costco Wholesale Corporation $COST

L. Roy Papp & Associates LLP cut its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,630 shares of the retailer’s stock after selling 1,496 shares during the period. Costco Wholesale accounts for 2.3% of L. Roy Papp & Associates LLP’s holdings, making the stock its 14th largest position. L. Roy Papp & Associates LLP’s holdings in Costco Wholesale were worth $21,239,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Costco Wholesale by 12.3% in the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after purchasing an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after purchasing an additional 130 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Costco Wholesale by 4.5% in the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after purchasing an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its stake in Costco Wholesale by 1.1% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after purchasing an additional 23 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in Costco Wholesale by 2.2% in the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after purchasing an additional 182 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Company-wide expansion: Costco is targeting roughly 30 new warehouses per year to relieve overcrowding, expand member reach and drive long‑term sales growth. This accelerates capital deployment but supports higher unit volumes and membership growth. Costco plans major growth push, targeting 30 new locations annually
• Positive Sentiment: Local expansion example: A new Costco is planned for northeast Edmonton, underlining the company’s ongoing footprint growth in key markets and steady membership acquisition in Canada. A new Costco location is in the works for northeast Edmonton
• Positive Sentiment: Dividend boost: Costco raised its quarterly dividend by ~13%, signaling strong free cash flow and management confidence—this can attract income‑oriented investors and provide support to the stock’s valuation. As Costco Raises Its Dividend More Than 13%, Should You Buy, Sell, or Hold COST Stock?
• Positive Sentiment: Digital sales momentum: Costco’s digital investments are lifting sales and digitally enabled comps are rising, driven by app growth, personalization and faster‑checkout pilots—supporting higher same‑store sales and lower friction for members. Costco’s Digital Investments Drive Sales Growth: What Comes Next?
• Positive Sentiment: Analyst sentiment: At least one outlet reports a raised price target (to $1,110), which can bolster investor sentiment and serve as a bullish reference point for momentum traders. Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,110.00
• Neutral Sentiment: Valuation perspective: Some analysts note that Costco’s steady compounding growth is well priced into the stock, signaling limited upside unless growth accelerates or margins expand. This is a reminder to weigh valuation vs. growth. Costco: When Compounding Is Already Priced In
• Neutral Sentiment: Competitive context: Retail peers (Walmart, Target, Dollar General) are also investing in stores and omnichannel, which could influence market share dynamics—monitor execution and margin impacts across the sector. Walmart Expands and Modernizes Stores to Support Omnichannel Growth

Insider Activity

In other news, EVP Claudine Adamo sold 730 shares of the company’s stock in a transaction on Monday, March 9th. The shares were 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 directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Up 0.8%

Shares of NASDAQ COST opened at $1,005.81 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The company has a market cap of $446.23 billion, a price-to-earnings ratio of 52.30, a PEG ratio of 4.92 and a beta of 0.99. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,067.08. The stock has a 50-day moving average price of $996.44 and a two-hundred day moving average price of $946.24.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.55 by $0.03. The company had revenue of $69.60 billion during the quarter, compared to the consensus estimate of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.02 earnings per share. As a group, analysts forecast that Costco Wholesale Corporation will post 20.31 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, May 1st. Costco Wholesale’s dividend payout ratio (DPR) is currently 30.58%.

Analyst Ratings Changes

A number of research firms recently commented on COST. Northcoast Research set a $1,100.00 price target on Costco Wholesale and gave the company a “buy” rating in a research note on Wednesday, December 24th. UBS Group set a $1,175.00 target price on Costco Wholesale in a research note on Friday, March 6th. JPMorgan Chase & Co. upped their target price 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. Deutsche Bank Aktiengesellschaft upped their target price on Costco Wholesale from $1,103.00 to $1,104.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Finally, Wells Fargo & Company upped their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,045.97.

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.