815 Shares in Costco Wholesale Corporation $COST Purchased by Evanson Financial LLC

Evanson Financial LLC bought a new position in Costco Wholesale Corporation (NASDAQ:COST) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 815 shares of the retailer’s stock, valued at approximately $763,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $27,000. Lifetime Wealth Management P.C. acquired a new position in Costco Wholesale during the 4th quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. acquired a new position in Costco Wholesale during the 4th quarter valued at approximately $28,000. Entrust Financial LLC bought a new position in Costco Wholesale during the 4th quarter worth $31,000. Finally, Joseph Group Capital Management bought a new position in Costco Wholesale during the 4th quarter worth $33,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Strong July sales support the growth narrative. Costco reported July net sales of $23.12 billion, up 10.7% year over year. Sales for the first 48 weeks rose 10.1% to $273.55 billion, suggesting resilient consumer demand and continued momentum across its warehouse business. Comparable sales also increased, a key measure for retail investors. Costco Wholesale Corporation Reports July Sales Results
• Positive Sentiment: New warehouse openings are drawing strong customer interest. Reports from the Capital Region and Oconomowoc describe enthusiastic crowds for Costco’s latest locations. Successful openings can expand the membership base, warehouse footprint and long-term sales potential, although the near-term financial contribution is likely limited. New Costco Opens in Oconomowoc to Enthusiastic Shoppers
• Positive Sentiment: Costco’s private-label strategy remains influential. Lord & Taylor is reportedly considering a Costco-like approach centered on private-label merchandise, highlighting the strength of Costco’s Kirkland Signature brand and the competitive value of its membership model. Formerly Bankrupt Lord and Taylor Bets on Costco Strategy
• Neutral Sentiment: Coverage of a potential business-center expansion and the role of pharmacy operations offers possible strategic upside, but no specific financial impact or firm expansion plan was provided. Costco Business Center Plan
• Negative Sentiment: Valuation is limiting enthusiasm. Analysts and tactical-investing commentary characterize COST as fairly valued or advise patience for a pullback, with one analysis identifying a potential buying range near $820–$860. Costco trades at a high earnings multiple, leaving the stock vulnerable if sales growth slows or results fail to exceed expectations. How Tactical Buyers Should Play Costco Today

Costco Wholesale Stock Down 0.1%

Shares of Costco Wholesale stock opened at $947.82 on Friday. The business’s fifty day moving average price is $950.51 and its two-hundred day moving average price is $982.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The company has a market capitalization of $420.34 billion, a P/E ratio of 47.68, a PEG ratio of 4.59 and a beta of 0.87. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last released 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). The business had revenue of $70.53 billion during the quarter, compared to the consensus estimate 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 in the previous year, the company posted $4.28 EPS. As a group, research analysts forecast that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were issued a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is presently 29.58%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on COST. Truist Financial increased their target price on Costco Wholesale from $977.00 to $1,011.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Citigroup started coverage on shares of Costco Wholesale in a report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 price target for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $1,120.00 price target on shares of Costco Wholesale in a research report on Thursday. JPMorgan Chase & Co. dropped their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Finally, Royal Bank Of Canada initiated coverage on shares of Costco Wholesale in a research report on Monday, July 13th. They issued a “sector perform” rating and a $1,000.00 price objective on the stock. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,059.53.

Insiders Place Their Bets

In related news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were 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 $4,575,653.55. This represents a 15.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by insiders.

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.