Bingham Private Wealth LLC purchased a new position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 663 shares of the retailer’s stock, valued at approximately $572,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hurley Capital LLC boosted its holdings in Costco Wholesale by 120.0% during the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after purchasing an additional 18 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in Costco Wholesale during the third quarter worth about $34,000. Collier Financial purchased a new position in Costco Wholesale during the third quarter worth about $35,000. AXS Investments LLC purchased a new position in Costco Wholesale during the third quarter worth about $36,000. Finally, Imprint Wealth LLC purchased a new position in Costco Wholesale during the third quarter worth about $36,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.
Costco Wholesale Stock Performance
NASDAQ COST opened at $974.80 on Wednesday. The company’s 50 day moving average is $995.68 and its 200-day moving average is $943.54. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,067.08. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a market cap of $432.47 billion, a P/E ratio of 50.69, a price-to-earnings-growth ratio of 4.83 and a beta of 0.99.
Costco Wholesale Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s payout ratio is currently 27.04%.
Insider Activity at Costco Wholesale
In related news, EVP Teresa A. Jones sold 850 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the transaction, the executive vice president owned 4,228 shares of the company’s stock, valued at approximately $4,169,907.28. The trade was a 16.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan L. Decker sold 458 shares of the business’s 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 of the company’s stock, valued at approximately $8,148,060. This represents a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,038 shares of company stock valued at $2,007,916. Corporate insiders own 0.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on COST. Citigroup restated a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,050.00 price objective on shares of Costco Wholesale in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Costco Wholesale from $1,103.00 to $1,104.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Gordon Haskett lifted their price objective on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $1,115.00 price objective on shares of Costco Wholesale in a research report on Thursday, March 5th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,043.13.
Read Our Latest Research Report on COST
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: March sales and comps were robust, with reports of a mid-single-digit to high-single-digit comps jump and strong digital growth, supporting the case for continued top-line strength and membership-driven resilience. Is Costco Stock a Buy Now After Strong March Retail Sales?
- Positive Sentiment: International sales are outpacing U.S. growth in March, signaling that overseas markets are becoming a larger part of Costco’s growth mix—a constructive diversification of revenue drivers. Costco’s International Sales Surge Signals Shift in Growth Mix
- Positive Sentiment: Higher fuel prices are already boosting Costco’s fuel sales and foot traffic, which can lift comps and average ticket—even as consumers remain price-aware. Higher Gas Prices Are Already Having a Positive Impact on Costco’s Sales
- Positive Sentiment: Costco is pursuing U.K. expansion (Aylesford/Kent), launching a public consultation and creating jobs—local openings can boost international footprint and long-term member growth. Aylesford earmarked for Kent’s first Costco as wholesaler launches public consultation
- Positive Sentiment: Brokerage coverage remains generally favorable (consensus “Moderate Buy”), keeping analyst support intact despite mixed near-term views. Costco Wholesale Corporation (NASDAQ:COST) Given Consensus Rating of “Moderate Buy” by Brokerages
- Neutral Sentiment: New product/food-court items and popular low-priced apparel/gadget features keep customer engagement high but are unlikely to move the stock materially on their own. Costco Introduces New Caramel and Churro Soft Serve Sundae Dessert to Food Court
- Negative Sentiment: Valuation is a headwind—commentary highlights a premium P/E and a PEG that could limit upside; some analysts caution that the high multiple and recent pullback make further gains dependent on continued execution. Is Costco Stock a Buy Now After Strong March Retail Sales?
- Negative Sentiment: Technical/near-term pressure: the stock has pulled back from recent highs and sits below its 50-day moving average, which can prompt short-term selling by momentum-focused traders. Costco Wholesale Trading Down 0.6%
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.
Recommended Stories
Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
