Adell Harriman & Carpenter Inc. Has $36.58 Million Stake in Costco Wholesale Corporation $COST

Adell Harriman & Carpenter Inc. raised its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 3.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 39,518 shares of the retailer’s stock after purchasing an additional 1,343 shares during the quarter. Costco Wholesale comprises 2.2% of Adell Harriman & Carpenter Inc.’s holdings, making the stock its 12th biggest position. Adell Harriman & Carpenter Inc.’s holdings in Costco Wholesale were worth $36,580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of COST. Brighton Jones LLC boosted its stake in Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after purchasing an additional 2,172 shares during the period. Revolve Wealth Partners LLC grew its position in Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after purchasing an additional 130 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its stake in shares of Costco Wholesale by 45.0% in the second quarter. Drucker Wealth 3.0 LLC now owns 657 shares of the retailer’s stock valued at $645,000 after buying an additional 204 shares during the period. Sivia Capital Partners LLC increased its stake in Costco Wholesale by 4.5% during the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after acquiring an additional 165 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. raised its holdings in Costco Wholesale by 1.1% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after acquiring an additional 23 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Key Costco Wholesale News

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

• Positive Sentiment: Membership revenue acceleration — Costco reported a 14% jump in membership fees in Q1 FY26, driven by high renewals and executive upgrades, supporting predictable, resilient cash flow. Costco’s Membership Model Continues to Deliver Predictable Growth
• Positive Sentiment: Exceptionally sticky base — Renewal rates of ~92.3% in the U.S./Canada and ~89.8% worldwide underline the durability of Costco’s membership engine and recurring profit contribution. Nine Out of Ten Costco Members Renew
• Positive Sentiment: Analyst support lifted — Gordon Haskett raised its price target to $1,100, implying notable upside versus recent levels, which can attract buyers and validate upside expectations. Gordon Haskett Adjusts Price Target on Costco
• Positive Sentiment: Telsey reaffirms outperform with $1,100 target — another bullish signal from the sell side that can support demand. Telsey Advisory Group Reaffirms Rating
• Neutral Sentiment: Short-interest reporting appears to contain data anomalies (zeros/NaN and a 0.0 days-to-cover). This looks like a reporting glitch rather than a material change in short exposure. (internal short-interest entries)
• Neutral Sentiment: New-store activity — a ~$37M construction project in New Braunfels signals continued network expansion (incremental revenue potential but not immediate margin driver). $37M Costco construction soars in New Braunfels
• Negative Sentiment: Product recall — Costco recalled mini beignets due to mislabeling/allergy risk across multiple states. This is reputational and operationally inconvenient but appears limited in scale. Costco recalls mini beignets after packaging mix-up
• Negative Sentiment: Analyst/downgrade noise — at least one roundup (InvestorPlace) included a downgrade of Costco within blue-chip ranking updates; such headlines can create short-term selling pressure even if fundamentals remain intact. FedEx Upgraded, Costco Downgraded

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Teresa A. Jones sold 850 shares of the stock in a transaction 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 sale, the executive vice president directly owned 4,228 shares in the company, valued at approximately $4,169,907.28. This trade represents a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan L. Decker sold 458 shares of Costco Wholesale stock in a transaction on Friday, January 16th. The stock was 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 represents a 5.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 9,315 shares of company stock valued at $8,549,409. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Up 1.0%

Shares of NASDAQ COST opened at $977.92 on Wednesday. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,078.23. The firm’s 50-day moving average is $909.82 and its 200-day moving average is $929.46. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $434.07 billion, a PE ratio of 52.38, a price-to-earnings-growth ratio of 5.79 and a beta of 1.01.

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

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.85%.

Wall Street Analysts Forecast Growth

COST has been the topic of several analyst reports. Raymond James Financial lowered their price target on shares of Costco Wholesale from $1,070.00 to $1,000.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Robert W. Baird lowered their price target on Costco Wholesale from $1,125.00 to $1,000.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Truist Financial cut their price target on shares of Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating for the company in a report on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Costco Wholesale in a research report on Monday, December 29th. Finally, BTIG Research started coverage on Costco Wholesale in a report on Tuesday, October 14th. They set a “buy” rating and a $1,115.00 target price on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $998.50.

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.