Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,106.00 at Deutsche Bank Aktiengesellschaft
by Amy Steele · The Cerbat GemCostco Wholesale (NASDAQ:COST – Free Report) had its price objective lifted by Deutsche Bank Aktiengesellschaft from $1,104.00 to $1,106.00 in a research report sent to investors on Thursday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the retailer’s stock.
Several other research firms have also commented on COST. Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a research report on Friday, February 20th. Rothschild & Co Redburn upped their target price on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. BMO Capital Markets raised their price target on Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Weiss Ratings upgraded shares of Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 17th. Finally, Truist Financial increased their price objective on Costco Wholesale from $926.00 to $977.00 and gave the company a “hold” rating in a report on Friday, March 6th. Twenty-two 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,046.03.
View Our Latest Report on Costco Wholesale
Costco Wholesale Stock Down 0.0%
Shares of COST stock traded down $0.05 during mid-day trading on Thursday, hitting $1,012.01. The stock had a trading volume of 682,761 shares, compared to its average volume of 2,086,223. Costco Wholesale has a 12-month low of $844.06 and a 12-month high of $1,067.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59. The firm’s 50-day moving average is $998.03 and its two-hundred day moving average is $951.50. The firm has a market capitalization of $448.98 billion, a P/E ratio of 52.58, a price-to-earnings-growth ratio of 4.91 and a beta of 0.92.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, beating the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm posted $4.02 earnings per share. On average, analysts predict that Costco Wholesale will post 20.32 earnings per share for the current fiscal year.
Costco Wholesale Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $5.88 annualized dividend and a yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is currently 30.58%.
Insider Buying and Selling at Costco Wholesale
In other news, EVP Claudine Adamo sold 730 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the sale, the executive vice president directly owned 6,121 shares in the company, valued at $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Costco Wholesale during the 4th quarter worth $27,000. Lifetime Wealth Management P.C. purchased a new stake in Costco Wholesale in the 4th quarter valued at about $28,000. Mcguire Capital Advisors Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at about $28,000. Hurley Capital LLC boosted its stake in Costco Wholesale by 120.0% during the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after buying an additional 18 shares during the period. Finally, Entrust Financial LLC purchased a new position in Costco Wholesale during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 68.48% of the company’s stock.
Key Stories Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: April sales beat expectations: Costco reported $23.92B in net sales for the four weeks ended May 3, up ~13% year-over-year, with U.S. comps showing double-digit growth — a clear near‑term revenue tailwind. Costco Wholesale Corporation Reports April Sales Results
- Positive Sentiment: Analyst support: Deutsche Bank nudged its price target higher and continues to rate COST a buy, which underpins investor confidence and provides a valuation anchor. Deutsche Bank Adjusts Costco PT (MarketScreener/The Fly)
- Positive Sentiment: Store expansion: Costco announced new California store openings as part of a broader growth plan — adding physical footprint supports long‑term member growth and recurring fee income. Costco plots major California expansion as it announces new store openings
- Positive Sentiment: Special dividend speculation: Market commentary highlights Costco’s strong cash position and past patterns, raising the possibility of another special dividend — a potential catalyst for buyback/dividend‑seeking investors. Is Costco Preparing Another Special Dividend This Year?
- Neutral Sentiment: Valuation watch: Analysts and media are re‑examining COST’s premium multiple after strong multi‑year returns; this can lead to short‑term trading volatility even if fundamentals remain solid. A Look At Costco Wholesale (COST) Valuation After Strong Long Term Shareholder Returns
- Neutral Sentiment: Investor attention pieces (Zacks, TipRanks) are driving search interest and short‑term flows but offer limited new fundamental info. Costco Wholesale Corporation (COST) is Attracting Investor Attention
- Negative Sentiment: Member lawsuit over tariff refunds: Costco faces litigation tied to its plan to lower prices via tariff refunds — legal uncertainty could pressure margins, set precedents for retail pricing, and create headline risk. It’s Not Just About the $1.50 Hot Dog Combo: Costco’s Going to Court Because It Wants to Give You Tariff Refunds
- Negative Sentiment: Competitive pressure: Regional rivals like BJ’s are expanding in key markets (e.g., North Texas), which could limit market‑share gains in some regions and cap margin/pricing leverage. BJ’s Wholesale expands in North Texas, challenging Costco and Sam’s
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.