Tema ETFs LLC Acquires 725 Shares of Costco Wholesale Corporation $COST

Tema ETFs LLC boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 9.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,067 shares of the retailer’s stock after buying an additional 725 shares during the quarter. Tema ETFs LLC’s holdings in Costco Wholesale were worth $7,546,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Costco Wholesale during the 4th quarter worth about $27,000. Mcguire Capital Advisors Inc. bought a new position in shares of Costco Wholesale in the 4th quarter valued at approximately $28,000. Lifetime Wealth Management P.C. bought a new position in shares of Costco Wholesale in the 4th quarter valued at approximately $28,000. Manning & Napier Advisors LLC lifted its holdings in Costco Wholesale by 750.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 34 shares of the retailer’s stock worth $34,000 after purchasing an additional 30 shares during the last quarter. Finally, Entrust Financial LLC acquired a new stake in Costco Wholesale in the 4th quarter worth approximately $31,000. 68.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling 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 transaction of $847,343.25. Following the sale, the director directly owned 4,779 shares of the company’s stock, valued at $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on COST. Oppenheimer increased their price target on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. JPMorgan Chase & Co. reduced their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. UBS Group raised their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. TD Cowen reissued a “buy” rating and set a $1,175.00 target price on shares of Costco Wholesale in a research report on Wednesday, June 3rd. Finally, Weiss Ratings cut shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,059.53.

Key Costco Wholesale News

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

• Positive Sentiment: July sales remained very strong. Costco reported July net sales of $23.12 billion, up 10.7% year over year. Comparable sales increased 8.9% globally and 10.3% in the U.S., while digital sales and membership activity remained healthy. The results suggest Costco continues to attract value-conscious consumers and could support earnings expectations. Costco Delivered Another Strong Sales Print in July
• Positive Sentiment: Expansion continues. Planned warehouses, including a possible additional North Texas location and a Kent-area project expected to create about 250 jobs, point to continued investment in Costco’s store footprint. The initiatives are a modest long-term growth positive, although they are unlikely to materially affect near-term results. Costco May Add Another Store in North Texas
• Neutral Sentiment: Earnings expectations are the next major catalyst. Retail-sector coverage describes COST as consolidating ahead of earnings. Investors will focus on comparable sales, membership trends, margins and whether July’s growth can continue through the remainder of the year. Reported short interest of zero shares appears inconsistent with normal market data and provides no meaningful trading signal. Retail Stocks Forecasts
• Negative Sentiment: Valuation is limiting upside. Analysts acknowledge Costco’s resilient demand, membership strength and high-quality business model, but question whether its premium valuation already discounts much of the good news. With a trailing P/E near 47.5, even solid results may not be enough if growth slows or management guidance disappoints. Are Costco’s July Sales Solid Enough to Justify Its Premium Valuation?

Costco Wholesale Trading Down 0.9%

Shares of Costco Wholesale stock opened at $944.32 on Wednesday. The company’s fifty day simple moving average is $950.45 and its 200-day simple moving average is $981.77. The company has a market cap of $418.79 billion, a price-to-earnings ratio of 47.50, a PEG ratio of 4.53 and a beta of 0.87. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. 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 earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). The company had revenue of $70.53 billion for 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 in the previous year, the company earned $4.28 earnings per share. As a group, sell-side analysts expect that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Dividend Announcement

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