BXM Wealth LLC Sells 7,834 Shares of Costco Wholesale Corporation $COST

BXM Wealth LLC lowered its stake in Costco Wholesale Corporation (NASDAQ:COST) by 84.0% in the first quarter, HoldingsChannel.com reports. The firm owned 1,489 shares of the retailer’s stock after selling 7,834 shares during the quarter. Costco Wholesale comprises 1.1% of BXM Wealth LLC’s investment portfolio, making the stock its 22nd largest position. BXM Wealth LLC’s holdings in Costco Wholesale were worth $1,484,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of COST. FORA Capital LLC bought a new position in Costco Wholesale during the third quarter worth about $2,781,000. World Investment Advisors increased its holdings in shares of Costco Wholesale by 8.4% in the fourth quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock worth $15,835,000 after acquiring an additional 1,560 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in shares of Costco Wholesale by 24.5% in the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock worth $121,098,000 after acquiring an additional 27,625 shares in the last quarter. Curtis Advisory Group LLC raised its position in shares of Costco Wholesale by 56.7% during the fourth quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock worth $3,911,000 after purchasing an additional 1,641 shares during the period. Finally, Perryman Financial Advisory Inc. AD acquired a new stake in shares of Costco Wholesale during the fourth quarter worth about $9,300,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on COST. Weiss Ratings lowered Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Oppenheimer raised their target price on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. The Goldman Sachs Group lifted their price target on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research note on Friday, May 29th. UBS Group upped their price target on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, DA Davidson reissued a “neutral” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research report on Thursday, June 4th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,061.45.

Insider Buying and Selling

In other 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 transaction of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Bernstein named Costco one of its top retail picks for the rest of 2026, reinforcing the view that the company remains a long-term winner thanks to its strong membership model, resilient traffic, and steady share gains. Costco Stock (COST) Crowned Top Retail Pick for the Rest of 2026 — Here’s Why
• Positive Sentiment: New coverage highlighted Costco’s AI efforts, noting that the company is using artificial intelligence to improve product listings and search, with digital traffic reportedly tripling and conversion rates strengthening. Costco (COST) Is Using AI To Triple Digital Traffic And Lift Conversions
• Positive Sentiment: Several articles pointed to Costco’s durable growth drivers, including high membership renewal rates, new warehouse openings, fuel stations, and e-commerce expansion, supporting the bull case for continued earnings growth. Can Costco Stock Reach $1,000 by the End of 2026?
• Neutral Sentiment: Costco-related lifestyle and product stories, including new bakery and bagel items, may help keep customers engaged, but they are unlikely to materially move the stock on their own. Costco shoppers are craving a hot new bakery item: ‘Give me 30’
• Neutral Sentiment: Citi’s resumed coverage with a Neutral rating and $1,020 target suggests Costco is viewed as a strong business, but with limited upside at current levels, which can temper enthusiasm near-term. Citi Resumes Coverage of Costco (COST)
• Negative Sentiment: Some commentary raised valuation and growth concerns, arguing that Costco’s premium multiple leaves less room for upside and that one of its key growth engines could be slowing, helping explain why the shares slipped despite positive headlines. Costco’s secret growth engine may be running out of gas

Costco Wholesale Trading Down 0.6%

NASDAQ:COST opened at $946.68 on Tuesday. The company has a market cap of $419.83 billion, a P/E ratio of 47.62, a price-to-earnings-growth ratio of 4.61 and a beta of 0.88. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The business has a 50 day moving average price of $995.26 and a two-hundred day moving average price of $971.53. 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 posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter last year, the business earned $4.28 earnings per share. As a group, analysts expect that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a dividend of $1.47 per share. This is a boost 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 annualized dividend and a yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

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.