Costco Wholesale Corporation $COST Shares Sold by waypoint wealth counsel

waypoint wealth counsel lowered its position in Costco Wholesale Corporation (NASDAQ:COST) by 79.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 307 shares of the retailer’s stock after selling 1,163 shares during the period. waypoint wealth counsel’s holdings in Costco Wholesale were worth $306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Costco Wholesale by 12.3% in the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after acquiring an additional 2,172 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after acquiring an additional 130 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Costco Wholesale by 4.5% during the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock worth $3,814,000 after purchasing an additional 165 shares during the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in shares of Costco Wholesale by 1.1% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock worth $2,089,000 after purchasing an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Costco Wholesale by 2.2% during the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock valued at $8,416,000 after purchasing an additional 182 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

COST has been the topic of several recent research reports. Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a report on Monday, June 1st. Citigroup started coverage on Costco Wholesale in a report on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price objective for the company. Jefferies Financial Group restated a “buy” rating and issued a $1,050.00 target price on shares of Costco Wholesale in a research note on Thursday, March 5th. Daiwa Securities Group upped their target price on Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Finally, TD Cowen reaffirmed a “buy” rating and set a $1,175.00 target price on shares of Costco Wholesale in a report on Wednesday, June 3rd. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,061.45.

Insider Activity at Costco Wholesale

In related news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction dated Tuesday, June 23rd. The stock was 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. The trade was a 15.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Stock Performance

Shares of NASDAQ COST opened at $946.68 on Tuesday. The company has a market capitalization of $419.83 billion, a PE ratio of 47.62, a price-to-earnings-growth ratio of 4.61 and a beta of 0.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The company’s fifty day moving average price is $995.26 and its 200 day moving average price is $971.53. 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 data on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the previous year, the firm posted $4.28 EPS. On average, research analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share 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 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 was Friday, May 1st. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is 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.