Berkshire Money Management Inc. Invests $605,000 in Costco Wholesale Corporation $COST

Berkshire Money Management Inc. acquired a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 702 shares of the retailer’s stock, valued at approximately $605,000.

Several other hedge funds also recently modified their holdings of the company. Busey Bank increased its holdings in shares of Costco Wholesale by 0.4% during the third quarter. Busey Bank now owns 2,651 shares of the retailer’s stock worth $2,454,000 after buying an additional 11 shares in the last quarter. Pasadena Private Wealth LLC increased its holdings in shares of Costco Wholesale by 0.8% during the third quarter. Pasadena Private Wealth LLC now owns 1,403 shares of the retailer’s stock worth $1,299,000 after buying an additional 11 shares in the last quarter. Tandem Investment Partners LLC increased its holdings in shares of Costco Wholesale by 1.1% during the third quarter. Tandem Investment Partners LLC now owns 990 shares of the retailer’s stock worth $916,000 after buying an additional 11 shares in the last quarter. Optima Capital LLC increased its holdings in shares of Costco Wholesale by 0.9% during the third quarter. Optima Capital LLC now owns 1,192 shares of the retailer’s stock worth $1,104,000 after buying an additional 11 shares in the last quarter. Finally, Gratus Wealth Advisors LLC increased its holdings in shares of Costco Wholesale by 0.8% during the third quarter. Gratus Wealth Advisors LLC now owns 1,399 shares of the retailer’s stock worth $1,295,000 after buying an additional 11 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Buying and Selling

In other Costco Wholesale news, EVP Teresa A. Jones sold 850 shares of the firm’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 value of $838,321.00. Following the transaction, the executive vice president directly owned 4,228 shares of the company’s stock, valued at approximately $4,169,907.28. This trade represents a 16.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the transaction, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on COST shares. Deutsche Bank Aktiengesellschaft raised 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 report on Thursday, April 9th. Northcoast Research set a $1,100.00 price objective on shares of Costco Wholesale and gave the stock a “buy” rating in a report on Wednesday, December 24th. Oppenheimer raised their price objective 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 increased their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. Finally, The Goldman Sachs Group decreased their price target on shares of Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,045.97.

Costco Wholesale Price Performance

COST opened at $999.89 on Monday. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,067.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59. The company’s 50 day simple moving average is $995.74 and its 200-day simple moving average is $945.03. The stock has a market capitalization of $443.60 billion, a P/E ratio of 52.00, a price-to-earnings-growth ratio of 4.93 and a beta of 0.99.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, beating 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 period in the prior year, the firm earned $4.02 earnings per share. Costco Wholesale’s revenue was up 9.2% compared to the same quarter last year. Sell-side analysts anticipate that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be paid a $1.47 dividend. The ex-dividend date of this dividend is Friday, May 1st. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is 27.04%.

Key Costco Wholesale News

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

• Positive Sentiment: Costco raised its quarterly dividend ~13% to $1.47 (payable May 15; record May 1), a sign of strong cash flow and management confidence that lifted investor sentiment. Costco Raises Its Dividend
• Positive Sentiment: Major banks bumped price targets — JPMorgan raised its PT to $1,110 and Mizuho to $1,100 while keeping bullish ratings, signaling analyst conviction in upside vs. current levels. JPMorgan Adjusts PT Mizuho Adjusts PT
• Positive Sentiment: Operational and sales momentum: Costco reported strong March net sales and recent quarterly results that beat expectations, reinforcing growth and margin resilience. Analysts cite that momentum as part of the bull case alongside the dividend move. Bull Case for Costco
• Positive Sentiment: Product exclusives and in-warehouse surprises — Costco continues to roll out exclusive large-format items and even popular fast-food products that drive foot traffic and impulse buys. These merchandising wins help differentiate membership value. Costco Adds Fast-Food Product Exclusive Aussie Product
• Neutral Sentiment: Checkout and store tech improvements (automated pay stations, AI pricing/markdowns) aim to speed throughput and reduce perishables waste; these are positive long-term but will take time to scale. Automated Pay Stations Grocers Use AI
• Neutral Sentiment: Competitive dynamics: Sam’s Club and BJ’s are making localized gains and Sam’s Club fee moves could reshape pricing among warehouse clubs; this could benefit Costco if it retains perceived value, but it’s an evolving factor. Competitors Gaining Traction Sam’s Club Fees
• Negative Sentiment: Fuel sales are elevated (adds revenue/traffic), but analysts warn there’s a caveat around margins and sensitivity to gas price swings; persistent high fuel/traffic volatility could dampen same-store trends. Gas Sales Catch

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.