Dynamic Technology Lab Private Ltd acquired a new position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 1,290 shares of the retailer’s stock, valued at approximately $1,194,000.
Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Costco Wholesale by 1.7% in the second quarter. Vanguard Group Inc. now owns 43,356,271 shares of the retailer’s stock worth $42,920,107,000 after buying an additional 711,560 shares during the period. State Street Corp grew its stake in shares of Costco Wholesale by 0.5% during the 2nd quarter. State Street Corp now owns 18,325,416 shares of the retailer’s stock valued at $18,141,062,000 after acquiring an additional 90,107 shares during the period. Geode Capital Management LLC grew its stake in shares of Costco Wholesale by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 10,275,056 shares of the retailer’s stock valued at $10,124,263,000 after acquiring an additional 150,844 shares during the period. Norges Bank purchased a new stake in Costco Wholesale in the 2nd quarter worth approximately $5,692,035,000. Finally, Invesco Ltd. raised its stake in Costco Wholesale by 9.8% during the 2nd quarter. Invesco Ltd. now owns 4,291,557 shares of the retailer’s stock worth $4,248,384,000 after acquiring an additional 383,887 shares during the period. 68.48% of the stock is owned by institutional investors.
Costco Wholesale Trading Up 1.6%
Shares of COST opened at $998.10 on Monday. The firm has a market cap of $443.03 billion, a P/E ratio of 51.90, a price-to-earnings-growth ratio of 4.76 and a beta of 1.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,067.08. The company has a 50 day simple moving average of $961.64 and a two-hundred day simple moving average of $935.32.
Costco Wholesale Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were paid a $1.30 dividend. The ex-dividend date was Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s payout ratio is presently 27.04%.
Insider Buying and Selling at Costco Wholesale
In other Costco Wholesale news, Director Susan L. Decker sold 458 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $955.00, for a total transaction of $437,390.00. Following the completion of the transaction, the director owned 8,532 shares of the company’s stock, valued at $8,148,060. This represents a 5.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Russell D. Miller sold 1,500 shares of the firm’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $916.32, for a total value of $1,374,480.00. Following the transaction, the executive vice president 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 6,915 shares of company stock worth $6,317,097. Insiders own 0.10% of the company’s stock.
Key Costco Wholesale News
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Q2 double‑beat — Costco reported revenue of ~$69.6B and GAAP EPS of $4.58, with comp‑store strength and membership fee growth that underpin near‑term sales momentum. This is the main catalyst supporting the rally. Costco Wholesale beats quarterly comparable sales estimates
- Positive Sentiment: Analyst upgrades and higher price targets — several brokers (notably a large Street high by BMO cited in coverage) raised targets and reiterated outperform/overweight views, adding upward pressure. Costco Stock Scores New Street‑High Price Target
- Positive Sentiment: Capital returns & balance‑sheet strength — commentary and notes on buybacks, a rising cash pile and the “special dividend” thesis are attracting income/return‑focused investors and support further upside. Costco Wholesale: Buy Now, Get Paid Later as Cash and Returns Build
- Positive Sentiment: Digital and membership momentum — online sales growth (~22.6%) and rising membership income are cited on the call as durable drivers of mix and margins, supporting investor confidence. Costco Digital Innovations Fuel 22.6% Online Growth
- Neutral Sentiment: Mixed analyst moves — while many raised targets, a few (e.g., Goldman) trimmed targets even as they kept buy calls; that creates a mix of conviction levels among institutional holders. Goldman Sachs adjusts price target on Costco
- Neutral Sentiment: Muted market reaction — despite the beat, some headlines note a tepid price move (and some pre‑market weakness) as investors weigh valuation metrics versus growth. That can lead to intraday volatility. Costco Stock Exhibits Muted Reaction Amid Double‑Beat Earnings Report
- Negative Sentiment: Valuation concerns and “red flags” narrative — some outlets argue the stock is expensive (high P/E, PEG) and list risks that could cap upside; those narratives are pressuring more value‑sensitive investors. Is Costco Too Expensive? 3 Red Flags That Could Send Shares Sliding
Analyst Ratings Changes
Several brokerages have weighed in on COST. Raymond James Financial lifted their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a report on Friday. Telsey Advisory Group raised their price objective on shares of Costco Wholesale from $1,100.00 to $1,125.00 and gave the company an “outperform” rating in a research report on Friday. Hovde Group started coverage on shares of Costco Wholesale in a research note on Tuesday, November 18th. They set a “market perform” rating and a $16.00 target price on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $1,155.00 target price on shares of Costco Wholesale in a report on Monday, February 9th. Finally, Wells Fargo & Company increased their price target on Costco Wholesale from $900.00 to $950.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. Twenty-two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,035.35.
View Our Latest Stock Report on Costco Wholesale
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.
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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).
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