CIBC Private Wealth Group LLC boosted its holdings in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,032 shares of the retailer’s stock after purchasing an additional 2,328 shares during the period. CIBC Private Wealth Group LLC’s holdings in Costco Wholesale were worth $101,849,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Capital Square LLC increased its position in shares of Costco Wholesale by 3.6% during the 3rd quarter. Capital Square LLC now owns 1,054 shares of the retailer’s stock valued at $976,000 after purchasing an additional 37 shares during the last quarter. Watts Gwilliam & Co. LLC boosted its holdings in shares of Costco Wholesale by 1.0% in the 3rd quarter. Watts Gwilliam & Co. LLC now owns 2,728 shares of the retailer’s stock worth $2,525,000 after buying an additional 26 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of Costco Wholesale in the 3rd quarter worth about $158,189,000. Maple Capital Management Inc. grew its position in Costco Wholesale by 0.9% during the third quarter. Maple Capital Management Inc. now owns 64,511 shares of the retailer’s stock valued at $59,713,000 after buying an additional 581 shares during the period. Finally, Oarsman Capital Inc. grew its position in Costco Wholesale by 7.6% during the third quarter. Oarsman Capital Inc. now owns 1,517 shares of the retailer’s stock valued at $1,404,000 after buying an additional 107 shares during the period. Institutional investors own 68.48% of the company’s stock.
Costco Wholesale News Summary
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Costco is opening its first standalone gas station in Mission Viejo, CA, expanding fuel footprint and local competitive pressure on convenience stores — this can boost fuel volumes and membership value over time. Costco’s first standalone gas station to open by late June
- Positive Sentiment: Management commentary and recent analysis highlight resilient consumer spending at Costco and a strong gas business, supporting revenue stability even during broader market weakness. Why Costco Stock Is Up 16% in 2026 While the Broader Market Sells Off
- Positive Sentiment: Multiple bullish pieces argue Costco’s premium multiple is justified by its membership model, Kirkland private label strength, and recession resilience — narratives that support a higher valuation multiple. 3 Reasons Costco Stock Deserves to Trade at a Sky-High Valuation
- Positive Sentiment: Local initiatives and benefits — e.g., lowering fertility-drug costs in New Jersey and rollout of faster checkout tech — boost member value and may support retention and traffic. Costco to lower cost of fertility drugs in NJ
- Neutral Sentiment: New product and private-label news (sourdough kit, new Kirkland items) help drive in-store traffic and add to merchandise appeal but are routine for Costco’s merchandising strategy. This Costco Sourdough Kit Has Everything You Need to Start Baking Bread
- Neutral Sentiment: Macro trade/tariff developments and energy policy moves (Jones Act waiver, new tariffs) create broader cost/price risk for retail but impacts on Costco are indirect and timing uncertain. Trump tariffs live updates
- Neutral Sentiment: Reports that some members may pay more to renew memberships could boost recurring revenue if accepted, but risk minor churn; net effect depends on price level and timing. Some Costco members may pay more to renew their memberships
- Negative Sentiment: Costco issued recalls and warnings after possible salmonella contamination in heat-and-serve/meatloaf meal kits — food-safety recalls can dent foot traffic, incur recall costs, and temporarily harm reputation. Costco recalls popular heat-and-serve meal sold at NC stores. How to get a refund
Costco Wholesale Stock Down 1.6%
Costco Wholesale (NASDAQ:COST – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, topping the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.02 earnings per share. Analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.
Costco Wholesale Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale’s dividend payout ratio is currently 27.04%.
Wall Street Analyst Weigh In
Several brokerages have commented on COST. Robert W. Baird set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Thursday, February 5th. Wells Fargo & Company increased their target price on shares of Costco Wholesale from $900.00 to $950.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. BMO Capital Markets raised their price target on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. The Goldman Sachs Group lowered 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 report on Friday, March 6th. Finally, Weiss Ratings upgraded Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,039.13.
Get Our Latest Analysis on Costco Wholesale
Insider Transactions at Costco Wholesale
In other news, EVP Russell D. Miller sold 1,500 shares of Costco Wholesale stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. This trade represents a 15.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Susan L. Decker sold 458 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $955.00, for a total value of $437,390.00. Following the transaction, the director directly owned 8,532 shares of the company’s stock, valued at $8,148,060. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 7,645 shares of company stock worth $7,049,302. 0.10% of the stock is owned by insiders.
About Costco Wholesale
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.
Further Reading
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