Algert Global LLC Has $9.01 Million Stock Position in Costco Wholesale Corporation $COST

Algert Global LLC raised its stake in Costco Wholesale Corporation (NASDAQ:COST) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,730 shares of the retailer’s stock after buying an additional 957 shares during the quarter. Algert Global LLC’s holdings in Costco Wholesale were worth $9,006,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Hurley Capital LLC lifted its holdings in shares of Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after purchasing an additional 18 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Costco Wholesale during the 3rd quarter worth approximately $34,000. Collier Financial bought a new position in shares of Costco Wholesale during the 3rd quarter worth approximately $35,000. AXS Investments LLC acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $36,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $36,000. Institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Robert W. Baird set a $1,100.00 price target on shares of Costco Wholesale in a research note on Thursday, February 5th. Hovde Group started coverage on Costco Wholesale in a report on Tuesday, November 18th. They issued a “market perform” rating and a $16.00 price objective for the company. Rothschild & Co Redburn lifted 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. BTIG Research reissued a “buy” rating and set a $1,115.00 price target on shares of Costco Wholesale in a research report on Thursday, March 5th. Finally, BMO Capital Markets raised their price target on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,039.13.

Costco Wholesale Stock Down 0.7%

Shares of COST stock opened at $1,001.74 on Tuesday. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,067.08. The stock has a market cap of $444.42 billion, a price-to-earnings ratio of 52.09, a PEG ratio of 5.10 and a beta of 1.00. The firm’s 50-day moving average is $978.04 and its 200-day moving average is $937.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. The business had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company posted $4.02 earnings per share. Sell-side analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale’s dividend payout ratio is 27.04%.

Insider Buying and Selling at Costco Wholesale

In other news, EVP Russell D. Miller sold 1,500 shares of the firm’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. This trade represents a 15.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP James C. Klauer sold 1,500 shares of Costco Wholesale stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total transaction of $1,408,500.00. Following the sale, the executive vice president directly owned 44,837 shares of the company’s stock, valued at $42,101,943. The trade was a 3.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 7,645 shares of company stock worth $7,049,302. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale News Roundup

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

• Positive Sentiment: JPMorgan raised its tone on Costco following recent fiscal results and increased its price target, signaling confidence in Costco’s topline momentum and membership-driven margins — a catalyst for continued investor interest. JPMorgan Bullish on Costco Wholesale (COST) Following Fiscal Q2 Results
• Positive Sentiment: Several long-form pieces argue Costco still has durable growth and premium membership economics that could support large market-cap expansion over the next several years — a bullish narrative for buy-and-hold investors. Will Costco Wholesale Stock Join the Trillion-Dollar Club by 2030?
• Positive Sentiment: Comparisons with other defensive, wide-moat consumer names (e.g., Coca‑Cola) and lists recommending Costco as a buy-and-hold reinforce steady demand from long-term investors and support multiple expansion. Best Stock to Buy and Hold Forever: Costco vs. Coca-Cola
• Positive Sentiment: MarketBeat and others continue to flag COST as a potential stock-split candidate given its >$1,000 price — a split could broaden retail demand and improve liquidity if announced. 3 Stocks That Could Be Next to Announce a Stock Split
• Neutral Sentiment: Coverage pieces and screeners (Zacks, InsiderMonkey) have featured COST as a quality retail pick; useful for sentiment but less likely to move the stock materially by themselves. Beat the Market the Zacks Way: IPG Photonics, Celanese, Costco in Focus
• Neutral Sentiment: Small operational/product updates (e.g., online custom cake ordering) and minor portfolio moves by advisers are low-impact items that support convenience and steady sales but won’t change fundamentals. Costco now lets you order custom cakes online — here’s how it works
• Negative Sentiment: Costco issued recalls for prepared meatloaf meals over potential Salmonella contamination (multiple local health alerts and national notices). Recalls can depress short‑term foot traffic, raise remediation costs, and attract negative media — a near‑term drag on sentiment. Costco recalls prepared meatloaf meals over possible Salmonella risk
• Negative Sentiment: Competitive improvements at Sam’s Club (fixing pain points that have favored Costco) are being highlighted in the press — any persistent market-share shift or promotional aggression could pressure margins or membership momentum. Sam’s Club fixes problem that’s a major pain point at Costco

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.