BXM Wealth LLC Acquires 7,908 Shares of Costco Wholesale Corporation $COST

BXM Wealth LLC increased its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 558.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,323 shares of the retailer’s stock after acquiring an additional 7,908 shares during the quarter. BXM Wealth LLC’s holdings in Costco Wholesale were worth $8,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of COST. Assenagon Asset Management S.A. lifted its holdings in shares of Costco Wholesale by 1,586.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after purchasing an additional 1,070,005 shares during the last quarter. Amundi grew its stake in shares of Costco Wholesale by 45.0% in the 3rd quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after buying an additional 986,182 shares during the last quarter. Voloridge Investment Management LLC grew its stake in shares of Costco Wholesale by 112.2% in the 3rd quarter. Voloridge Investment Management LLC now owns 477,425 shares of the retailer’s stock worth $441,919,000 after buying an additional 252,453 shares during the last quarter. Worldquant Millennium Advisors LLC increased its position in Costco Wholesale by 638.7% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 227,310 shares of the retailer’s stock valued at $225,023,000 after buying an additional 196,537 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in Costco Wholesale by 55.0% during the second quarter. Canada Pension Plan Investment Board now owns 490,871 shares of the retailer’s stock valued at $485,933,000 after buying an additional 174,082 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on COST. DA Davidson reiterated a “neutral” rating and issued a $1,000.00 price target on shares of Costco Wholesale in a research note on Friday, March 6th. Truist Financial raised their price objective on shares of Costco Wholesale from $926.00 to $977.00 and gave the company a “hold” rating in a research note on Friday, March 6th. Oppenheimer lifted their target price on shares of Costco Wholesale from $1,050.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Gordon Haskett upped their target price on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. Finally, Weiss Ratings upgraded shares of Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 17th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,039.13.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Bernstein reaffirmed a bullish view on Costco and highlighted a long-term growth runway, which helped lift the stock as investors price in durable membership-driven growth. Costco Stock Pops as Analyst Flags Growth Runway
• Positive Sentiment: Sell-side support continues: Telsey Advisory reiterated an Outperform rating, reinforcing buy-side confidence and possibly supporting multiple expansion. Telsey Advisory Group Reaffirms Outperform Rating
• Positive Sentiment: Insider activity: a top executive executed a notable share purchase, which investors often view as management confidence in near-term fundamentals. Top Costco Executive Makes a High-Value Move
• Positive Sentiment: Strategic expansion: Costco is pushing standalone gas stations in high-fuel-cost markets and opened a Manitoba Business Centre — moves that enhance value perception and broaden B2B revenue channels. Will Costco’s Gas and Business Centre Refine Its Value Narrative?
• Neutral Sentiment: Operational efficiency: Costco plans automated checkout stations to speed processing and reduce friction; potential margin benefits are longer-term and execution-dependent. Costco to introduce automated checkout stations
• Neutral Sentiment: Competitive context and consumer interest pieces (product roundups, bakery comparisons) keep the brand top-of-mind but are unlikely to move near-term fundamentals. I’ve worked at Costco for 20 years
• Negative Sentiment: Value-price competition is heating up: Sam’s Club raised membership fees and grocery chains are cutting prices, which could intensify a margin squeeze across the sector; analysts suggest membership-price moves at competitors may pressure Costco to respond strategically. Sam’s Club is hiking its membership fees

Insider Activity at Costco Wholesale

In other news, EVP Russell D. Miller sold 1,500 shares of Costco Wholesale stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $916.32, for a total value of $1,374,480.00. Following the sale, the executive vice president directly owned 8,240 shares of the company’s stock, valued at approximately $7,550,476.80. The trade was a 15.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Susan L. Decker sold 458 shares of Costco Wholesale stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $955.00, for a total value of $437,390.00. Following the completion of the sale, the director directly owned 8,532 shares in the company, valued at approximately $8,148,060. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,038 shares of company stock worth $4,790,896 in the last three months. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Price Performance

COST stock opened at $1,014.96 on Monday. The company has a market cap of $450.29 billion, a price-to-earnings ratio of 52.78, a P/E/G ratio of 5.01 and a beta of 0.99. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06. The business’s 50-day moving average is $989.68 and its two-hundred day moving average is $940.35. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,067.08.

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

Costco Wholesale Dividend Announcement

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

Costco Wholesale Company 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.