Frank Rimerman Advisors LLC Purchases 589 Shares of Costco Wholesale Corporation $COST

Frank Rimerman Advisors LLC increased its position in Costco Wholesale Corporation (NASDAQ:COST) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,361 shares of the retailer’s stock after buying an additional 589 shares during the period. Costco Wholesale accounts for about 0.5% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Frank Rimerman Advisors LLC’s holdings in Costco Wholesale were worth $7,210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated boosted its holdings in Costco Wholesale by 49.3% during the 3rd quarter. Silver Oak Securities Incorporated now owns 3,780 shares of the retailer’s stock valued at $3,499,000 after acquiring an additional 1,248 shares during the period. Permanent Capital Management LP purchased a new stake in Costco Wholesale in the third quarter worth $874,000. Exchange Traded Concepts LLC lifted its position in shares of Costco Wholesale by 43.6% during the third quarter. Exchange Traded Concepts LLC now owns 23,444 shares of the retailer’s stock worth $21,700,000 after purchasing an additional 7,116 shares during the last quarter. FORA Capital LLC bought a new stake in shares of Costco Wholesale during the third quarter worth $2,781,000. Finally, Lombard Odier Asset Management Switzerland SA boosted its stake in shares of Costco Wholesale by 8.9% during the second quarter. Lombard Odier Asset Management Switzerland SA now owns 18,132 shares of the retailer’s stock valued at $17,950,000 after purchasing an additional 1,480 shares during the period. 68.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on COST. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a report on Monday, December 22nd. Oppenheimer lifted their price objective on shares of Costco Wholesale from $1,050.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Wells Fargo & Company boosted their price objective on shares of Costco Wholesale from $900.00 to $950.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $1,155.00 target price on shares of Costco Wholesale in a research note on Monday, February 9th. Finally, Rothschild & Co Redburn raised their target price on shares of Costco Wholesale from $890.00 to $1,000.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,039.13.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $996.43 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The stock’s fifty day moving average price is $988.00 and its 200-day moving average price is $939.28. The firm has a market cap of $442.07 billion, a P/E ratio of 51.82, a P/E/G ratio of 4.92 and a beta of 1.01. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The company had revenue of $69.60 billion during the quarter, compared to analyst estimates of $68.96 billion. During the same period in the prior year, the firm earned $4.02 earnings per share. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, equities research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

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

Insider Transactions at Costco Wholesale

In other news, Director Susan L. Decker sold 458 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $955.00, for a total transaction of $437,390.00. Following the transaction, the director directly owned 8,532 shares in the company, valued at approximately $8,148,060. This trade represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Russell D. Miller sold 1,500 shares of Costco Wholesale stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 8,240 shares in the company, valued at approximately $7,550,476.80. The trade was a 15.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 5,038 shares of company stock worth $4,790,896. Insiders own 0.10% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Jim Cramer reiterated Costco as a defensive, buy‑in‑this‑environment pick, which can support retail investor demand and sentiment. Jim Cramer on Costco: “This One Is What You Buy in This Environment”
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and a $1,125 price target, implying meaningful upside from current levels and giving institutional/quant models a constructive signal. Telsey Advisory Group Outperform Note
• Positive Sentiment: Costco is rolling out its first stand‑alone gas station and continues to use discounted fuel as a membership and traffic driver — high pump prices can actually bolster membership growth and in‑store sales. This is a potential revenue/traffic tailwind. Costco Will Soon Open Its First Stand-Alone Gas Station
• Positive Sentiment: Operational and footprint expansion: Costco is testing faster checkout tech and planning new warehouses and business‑centre openings (including Canada), which support long‑term traffic and membership retention. Costco’s Warehouse Expansion Plans Signal Long-Term Growth Engine
• Neutral Sentiment: Technical/market notes (Dow Jones/IBD) flag Costco approaching new buy points after recent rallies — useful for traders but not a fundamental change. Dow Jones: Merck, Costco Approach New Buy Points
• Neutral Sentiment: Analysts are split on near‑term sales and valuation — March sales are expected to rise YOY but forward multiples remain rich, keeping analyst opinions mixed. Costco March Sales to Climb, But Analysts Stay Split on COST Stock
• Negative Sentiment: Legal/consumer risk: Costco faces a lawsuit alleging it raised prices then sought tariff refunds, a story that could generate regulatory/legal costs or reputational hit if it escalates. Costco sued over claims it raised prices, then sought tariff refunds
• Negative Sentiment: Minor consumer PR issue: a viral complaint about an “overpriced” new dessert feeds short‑term negative chatter among members, though it’s unlikely to materially affect fundamentals. Costco Members Are FURIOUS About This ‘Overpriced’ New Dessert

Costco Wholesale 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.