OMERS ADMINISTRATION Corp Grows Position in Costco Wholesale Corporation $COST

OMERS ADMINISTRATION Corp raised its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,677 shares of the retailer’s stock after acquiring an additional 948 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Costco Wholesale were worth $23,867,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Silvant Capital Management LLC raised its holdings in shares of Costco Wholesale by 0.4% in the 4th quarter. Silvant Capital Management LLC now owns 15,774 shares of the retailer’s stock valued at $13,603,000 after acquiring an additional 65 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Costco Wholesale by 3.8% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 540 shares of the retailer’s stock valued at $466,000 after acquiring an additional 20 shares in the last quarter. TritonPoint Partners LLC bought a new position in shares of Costco Wholesale during the 4th quarter valued at about $978,000. Whalerock Point Partners LLC raised its holdings in shares of Costco Wholesale by 1.3% during the 4th quarter. Whalerock Point Partners LLC now owns 13,121 shares of the retailer’s stock valued at $11,315,000 after buying an additional 173 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in shares of Costco Wholesale by 23.1% during the 4th quarter. Panagora Asset Management Inc. now owns 171,313 shares of the retailer’s stock valued at $147,730,000 after buying an additional 32,120 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco’s record gasoline sales are supporting member traffic and loyalty, while elevated fuel prices and value-seeking shoppers may help drive in-store and ancillary spending. Costco Leans On Gasoline, E Commerce And Wellness To Deepen Member Value
• Positive Sentiment: Analysts and market commentators continue to highlight Costco as a long-term growth story, pointing to accelerating comparable sales, strong cash generation, and growing credit for its digital business. Why Costco (COST) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Coverage also notes that digitally enabled sales are outpacing the core warehouse business, reinforcing the view that Costco’s online and omnichannel strategy is becoming a more important growth engine. Costco Wholesale Corporation (COST) Shows How Digitally Enabled Sales Are Outrunning Its Core Business
• Neutral Sentiment: Recent articles suggesting Costco could approach $1,100 by 2027 may support a bullish valuation narrative, but they are largely speculative and depend on continued execution. Can Costco Stock Break $1,100 by 2027?
• Negative Sentiment: Despite strong sales trends, some investors remain cautious about Costco’s premium valuation, and recent commentary notes that the stock has seen volatility as the market reassesses how much growth is already priced in. Costco Wholesale (COST) Stock Valuation After Strong May Sales And Growing Digital And Gas Volumes

Costco Wholesale Price Performance

COST opened at $979.45 on Tuesday. The stock’s 50 day simple moving average is $1,004.63 and its 200 day simple moving average is $967.91. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm has a market cap of $434.37 billion, a price-to-earnings ratio of 49.27, a PEG ratio of 4.76 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The company had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. During the same quarter in the previous year, the business earned $4.28 earnings per share. As a group, analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st 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, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is 29.58%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on COST shares. Raymond James Financial raised their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. Roth Mkm raised their price objective on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a report on Friday, May 29th. Daiwa Securities Group raised their price objective on Costco Wholesale from $917.00 to $975.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Finally, Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,060.41.

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.