Foster Group Inc. Has $959,000 Position in Costco Wholesale Co. (NASDAQ:COST)

06 Jun 2025, 12:34 by Tristan Rich · The Markets Daily

Foster Group Inc. raised its position in Costco Wholesale Co. (NASDAQ:COST – Free Report) by 18.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,014 shares of the retailer’s stock after buying an additional 160 shares during the quarter. Foster Group Inc.’s holdings in Costco Wholesale were worth $959,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in Costco Wholesale by 106,402.1% in the 1st quarter. GAMMA Investing LLC now owns 8,160,190 shares of the retailer’s stock valued at $7,717,744,000 after purchasing an additional 8,152,528 shares during the period. Norges Bank acquired a new stake in Costco Wholesale during the fourth quarter worth approximately $5,182,316,000. Proficio Capital Partners LLC raised its holdings in Costco Wholesale by 74,796.3% in the 4th quarter. Proficio Capital Partners LLC now owns 1,521,893 shares of the retailer’s stock valued at $1,394,465,000 after acquiring an additional 1,519,861 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of Costco Wholesale during the 4th quarter valued at $95,452,000. Finally, Strategic Financial Concepts LLC grew its holdings in shares of Costco Wholesale by 100,422.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 796,137 shares of the retailer’s stock worth $729,476,000 after purchasing an additional 795,345 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Costco Wholesale Stock Performance

NASDAQ:COST opened at $1,010.81 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a twelve month low of $793.00 and a twelve month high of $1,078.24. The company has a fifty day moving average of $992.47 and a 200-day moving average of $978.72. The firm has a market capitalization of $448.48 billion, a P/E ratio of 59.35, a P/E/G ratio of 6.15 and a beta of 1.00.

Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The retailer reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.24 by $0.04. Costco Wholesale had a net margin of 2.93% and a return on equity of 32.31%. The firm had revenue of $63.21 billion during the quarter, compared to the consensus estimate of $62.93 billion. During the same period in the previous year, the firm posted $3.78 earnings per share. The business’s revenue was up 8.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Costco Wholesale Co. will post 18.03 EPS for the current year.

Costco Wholesale Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were paid a dividend of $1.30 per share. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.16. This represents a $5.20 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Friday, May 2nd. Costco Wholesale’s dividend payout ratio is 29.50%.

Wall Street Analyst Weigh In

COST has been the topic of a number of recent analyst reports. Barclays lifted their target price on Costco Wholesale from $940.00 to $980.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Robert W. Baird raised their price objective on Costco Wholesale from $1,075.00 to $1,125.00 and gave the company an “outperform” rating in a report on Friday, March 7th. DA Davidson upped their target price on Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Loop Capital cut their price target on Costco Wholesale from $1,115.00 to $1,110.00 and set a “buy” rating on the stock in a research note on Thursday, May 29th. Finally, Mizuho assumed coverage on Costco Wholesale in a research note on Friday, April 11th. They issued a “neutral” rating and a $975.00 price objective for the company. Ten analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,035.32.

Read Our Latest Stock Analysis on COST

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 900 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $922.56, for a total transaction of $830,304.00. Following the completion of the sale, the executive vice president now directly owns 6,987 shares of the company’s stock, valued at approximately $6,445,926.72. The trade was a 11.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Roland Michael Vachris sold 3,600 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $931.00, for a total value of $3,351,600.00. Following the sale, the chief executive officer now owns 41,077 shares of the company’s stock, valued at $38,242,687. This trade represents a 8.06% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,600 shares of company stock worth $9,140,195. Corporate insiders own 0.18% of the company’s stock.

Costco Wholesale Profile

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