Costco Wholesale price targets lifted by analysts amid earnings and dividend update

Analyst firms raised price targets for Costco Wholesale (NASDAQ:COST). Truist Financial increased its target to $1,011 with a hold rating, while Roth Mkm raised its target to $781 and retained a sell rating. Other analysts have set price objectives ranging from $781 to $1,135, yielding an average target of about $1,056.

Costco reported fourth‑quarter earnings of $4.93 per share on $70.53 billion of revenue, slightly missing consensus estimates. The retailer announced a quarterly dividend of $1.47, up from $1.30, representing a $5.88 annualized payout. Executive Vice President Claudine Adamo sold 730 shares at an average price of $1,003.02, reducing her stake by roughly 10.7%. Hedge funds and investment advisors adjusted holdings, with some increasing stakes and others modestly reducing exposure.