Centric Wealth Management Has $4.31 Million Position in Costco Wholesale Corporation $COST

Centric Wealth Management boosted its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 20.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,729 shares of the retailer’s stock after purchasing an additional 807 shares during the quarter. Costco Wholesale comprises 1.0% of Centric Wealth Management’s holdings, making the stock its 27th biggest position. Centric Wealth Management’s holdings in Costco Wholesale were worth $4,310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in COST. Soundwatch Capital LLC raised its position in shares of Costco Wholesale by 635.7% during the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after purchasing an additional 2,206 shares during the period. LFA Lugano Financial Advisors SA bought a new stake in shares of Costco Wholesale in the second quarter worth $31,000. Financial Connections Group Inc. boosted its stake in shares of Costco Wholesale by 975.0% during the 2nd quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock worth $42,000 after buying an additional 39 shares during the last quarter. Frazier Financial Advisors LLC boosted its position in Costco Wholesale by 72.0% during the second quarter. Frazier Financial Advisors LLC now owns 43 shares of the retailer’s stock valued at $43,000 after purchasing an additional 18 shares during the last quarter. Finally, Marquette Asset Management LLC boosted its holdings in shares of Costco Wholesale by 2,200.0% in the 3rd quarter. Marquette Asset Management LLC now owns 46 shares of the retailer’s stock valued at $43,000 after buying an additional 44 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco is expanding same‑day delivery across Europe (Paris to Madrid), which supports international growth and services-led revenue expansion. Costco Stock (COST) has no Joie de Vivre Despite Expanding Services to Paris and Madrid
• Positive Sentiment: Analyst coverage remains generally favorable (average “Moderate Buy” / bullish writeups), offering support amid near‑term volatility. Costco Wholesale Corporation (NASDAQ:COST) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Costco continues product and membership promotions (Kirkland x Nike SB Dunk release, Gold Star membership digital shop card) that boost customer engagement but are unlikely to move near‑term results materially. Costco and Nike released the Kirkland x Nike SB Dunk shoes. Are they worth it? This Costco Gold Star Membership gets you a $20 Digital Costco Shop Card*
• Neutral Sentiment: Valuation remains rich (high P/E relative to peers), which can amplify reactions to news and weighs on upside in a risk‑off session. (Background market data)
• Negative Sentiment: A proposed class‑action accuses Costco of misleading customers by marketing its rotisserie chicken as having “no preservatives.” Legal risk and reputation headlines are the clearest short‑term negative catalyst. Costco Is Sued Over Preservatives in Its $5 Rotisserie Chickens Costco sued over ‘no preservatives’ claims
• Negative Sentiment: Some fund activity shows minor trimming of positions (e.g., Alpha Cubed Investments sold shares), which can add to downward pressure in a smaller‑volume selloff. Alpha Cubed Investments LLC Trims Position in Costco Wholesale Corporation $COST

Insider Transactions at Costco Wholesale

In other news, EVP Javier Polit sold 558 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $862.89, for a total value of $481,492.62. Following the sale, the executive vice president directly owned 10,190 shares of the company’s stock, valued at approximately $8,792,849.10. This represents a 5.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP James C. Klauer sold 1,500 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total value of $1,408,500.00. Following the completion of the sale, the executive vice president owned 44,837 shares in the company, valued at $42,101,943. This trade represents a 3.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,315 shares of company stock valued at $8,549,409. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

COST has been the subject of several research analyst reports. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research note on Monday, December 22nd. UBS Group restated a “buy” rating on shares of Costco Wholesale in a research report on Friday, December 12th. DA Davidson restated a “neutral” rating and issued a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, December 4th. Robert W. Baird reduced their target price on Costco Wholesale from $1,125.00 to $1,000.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft set a $1,044.00 price objective on shares of Costco Wholesale in a research note on Thursday, January 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $996.00.

Costco Wholesale Stock Down 1.3%

Shares of NASDAQ:COST opened at $940.25 on Friday. The business’s 50 day simple moving average is $906.50 and its two-hundred day simple moving average is $929.59. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,078.23. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04. The firm has a market cap of $417.35 billion, a P/E ratio of 50.36, a PEG ratio of 5.70 and a beta of 1.02.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, topping the consensus estimate of $4.27 by $0.07. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The firm had revenue of $67.31 billion during the quarter, compared to the consensus estimate of $67.03 billion. During the same period in the prior year, the business posted $4.04 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. As a group, research analysts forecast that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, January 30th. Costco Wholesale’s payout ratio is 27.85%.

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.