Costco Wholesale Corporation $COST Stock Position Lowered by Harbour Investment Management LLC

Harbour Investment Management LLC cut its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 15.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 10,270 shares of the retailer’s stock after selling 1,895 shares during the period. Costco Wholesale accounts for 5.6% of Harbour Investment Management LLC’s investment portfolio, making the stock its 3rd largest holding. Harbour Investment Management LLC’s holdings in Costco Wholesale were worth $10,233,000 at the end of the most recent quarter.

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

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by insiders.

Costco Wholesale Price Performance

Shares of NASDAQ COST opened at $935.47 on Wednesday. The stock’s 50-day simple moving average is $993.97 and its two-hundred day simple moving average is $971.96. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The firm has a market capitalization of $414.86 billion, a P/E ratio of 47.06, a P/E/G ratio of 4.59 and a beta of 0.88. 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 quarterly 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). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. During the same quarter last year, the business posted $4.28 EPS. As a group, equities analysts anticipate that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a $1.47 dividend. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale’s payout ratio is 29.58%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. TD Cowen restated a “buy” rating and issued a $1,175.00 target price on shares of Costco Wholesale in a research note on Wednesday, June 3rd. Truist Financial upped their price target on Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research report on Friday, May 29th. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a research report on Monday, June 1st. DA Davidson reaffirmed a “neutral” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Twenty-two investment 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. According to data from MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and an average target price of $1,061.45.

Costco Wholesale News Roundup

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

• Positive Sentiment: Analysts highlighted Costco’s executive membership growth as a key earnings driver, saying richer fee income and a better sales mix could unlock more profit, with a China expansion opportunity adding longer-term upside. Costco’s Executive Penetration Could Unlock More Earnings
• Positive Sentiment: Several articles pointed to Costco’s strong post-earnings setup versus peers, noting robust revenue growth, sticky membership cash flow, and a resilient value proposition as households remain squeezed by inflation. Costco vs. Target: One Retailer Is A Much Stronger Buy In 2026
• Positive Sentiment: Costco is using AI to improve online search and product listings, and early results suggest digital traffic has roughly tripled, with strong conversion rates that could support e-commerce growth. Costco (COST) Is Using AI To Triple Digital Traffic And Lift Conversions
• Positive Sentiment: Costco was also named a top retail pick by Bernstein and described as a better buy than some peers because of its membership model and consistent execution. Costco Stock (COST) Crowned Top Retail Pick for the Rest of 2026 — Here’s Why
• Neutral Sentiment: Additional coverage discussed Costco’s ability to benefit from inflation and geopolitical supply pressures, but also warned that the stock’s valuation is already rich versus expected growth. Costco: Hormuz And Inflation Provide Momentum But Be Mindful Of The Valuation
• Negative Sentiment: Bearish commentary argued Costco’s slower growth profile may not justify its high earnings multiple, which is likely contributing to selling pressure. Costco Stock: Future 10 Percent And Decelerating Growth Rate Not Worth 50x Earnings
• Negative Sentiment: Another article was explicitly titled “More Pain To Come,” reinforcing concerns that investors may be rotating away from Costco despite its operational strengths. Costco Stock: More Pain To Come

Costco Wholesale 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.