Cinctive Capital Management LP Invests $7.18 Million in Costco Wholesale Corporation $COST

Cinctive Capital Management LP bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,329 shares of the retailer’s stock, valued at approximately $7,182,000.

Other hedge funds have also modified their holdings of the company. Claro Advisors Inc. grew its position in shares of Costco Wholesale by 5.0% during the fourth quarter. Claro Advisors Inc. now owns 2,104 shares of the retailer’s stock worth $1,815,000 after acquiring an additional 101 shares during the last quarter. Core Wealth Partners LLC grew its position in shares of Costco Wholesale by 1.9% during the fourth quarter. Core Wealth Partners LLC now owns 4,039 shares of the retailer’s stock worth $3,483,000 after acquiring an additional 77 shares during the last quarter. Argyle Capital Partners LLC grew its position in shares of Costco Wholesale by 4.0% during the fourth quarter. Argyle Capital Partners LLC now owns 952 shares of the retailer’s stock worth $821,000 after acquiring an additional 37 shares during the last quarter. Asset One Wealth Management LLC purchased a new position in shares of Costco Wholesale during the fourth quarter worth approximately $4,287,000. Finally, Aureus Asset Management LLC grew its position in shares of Costco Wholesale by 6.2% during the fourth quarter. Aureus Asset Management LLC now owns 1,286 shares of the retailer’s stock worth $1,109,000 after acquiring an additional 75 shares during the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on COST. Telsey Advisory Group upped their price objective on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a research note on Thursday, April 9th. Guggenheim reaffirmed a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Roth Mkm upped their price objective on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research note on Friday, May 29th. Raymond James Financial upped their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Finally, Bank of America upped their price objective on Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,060.41.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Analysts and market commentary pointed to Costco’s rising traffic, strong comparable sales, and gas-related member engagement as evidence that its value proposition continues to drive repeat visits and support growth. Article Title
• Positive Sentiment: Costco was included in a list of earnings-acceleration stocks, with commentary noting rising EPS growth trends that can precede stronger share performance. Article Title
• Positive Sentiment: A separate article argued that Costco remains a durable long-term “buy and hold” business because of its loyal customer base and membership-driven model. Article Title
• Neutral Sentiment: Several lifestyle pieces mentioned Costco shopping habits and product preferences, but these articles are not likely to materially affect the stock. Article Title
• Neutral Sentiment: Commentary comparing Costco with Walmart and asking whether the stock can break $1,100 by 2027 mainly reflects valuation debate rather than a clear near-term catalyst. Article Title
• Negative Sentiment: One market note said Costco fell alongside other retail stocks even as lower gas prices and a broader oil-related relief theme were discussed, suggesting some short-term weakness may be driven by sector rotation rather than fundamentals. Article Title

Costco Wholesale Stock Down 2.1%

COST opened at $965.59 on Thursday. The company has a market cap of $428.22 billion, a PE ratio of 48.57, a P/E/G ratio of 4.78 and a beta of 0.88. The business has a 50 day moving average price of $1,003.00 and a two-hundred day moving average price of $968.87. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The business had revenue of $70.53 billion for the quarter, compared to analysts’ expectations 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 company posted $4.28 earnings per share. As a group, research analysts anticipate that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a dividend of $1.47 per share. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, May 1st. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

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.