Costco Wholesale Corporation $COST Shares Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC raised its position in Costco Wholesale Corporation (NASDAQ:COST) by 3.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,289 shares of the retailer’s stock after buying an additional 628 shares during the quarter. NewEdge Wealth LLC’s holdings in Costco Wholesale were worth $19,906,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Fiscal Wisdom Wealth Management LLC purchased a new stake in shares of Costco Wholesale in the third quarter valued at about $1,041,000. Redmont Wealth Advisors LLC acquired a new position in Costco Wholesale during the third quarter worth $40,000. CenterBook Partners LP grew its stake in Costco Wholesale by 1,178.3% in the 3rd quarter. CenterBook Partners LP now owns 20,939 shares of the retailer’s stock valued at $19,382,000 after acquiring an additional 19,301 shares during the last quarter. King Wealth Management Group grew its position in shares of Costco Wholesale by 1.6% in the third quarter. King Wealth Management Group now owns 13,093 shares of the retailer’s stock valued at $12,119,000 after purchasing an additional 201 shares during the last quarter. Finally, Aspiring Ventures LLC raised its holdings in shares of Costco Wholesale by 3.5% in the third quarter. Aspiring Ventures LLC now owns 353 shares of the retailer’s stock worth $326,000 after acquiring an additional 12 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Company rolling out online/custom cake ordering via its app — expands e‑commerce convenience and adds take-rate opportunities from foodservice sales. Read More.
• Positive Sentiment: New $62M Costco warehouse scheduled to open this spring in a small Texas town — continued physical expansion supports membership growth and recurring revenue. Read More.
• Positive Sentiment: Rothschild & Co Redburn raised its price target to $1,000 from $890 (maintained neutral rating) — a higher target can support valuation expectations among some investors. Read More.
• Positive Sentiment: Dividend payment information highlighted by consumer press — steady cash returns remain a modest positive for income-aware holders. Read More.
• Neutral Sentiment: Coverage/valuation pieces and recent analyst moves are generating debate about upside after recent gains — could influence trading but not a clear directional catalyst. Read More.
• Neutral Sentiment: Opinion piece notes heavy Costco/Walmart weightings in the XLP ETF — highlights concentration risk for ETF investors rather than company fundamentals. Read More.
• Neutral Sentiment: Short‑interest data reported appears anomalous (zero shares / 0 days to cover) — unlikely to be a real short squeeze signal; treat with caution.
• Negative Sentiment: Recall issued on certain restaurant gift cards and separate reports that a gift-card issuer declared bankruptcy — potential customer refunds and reputational issues for affected products. Read More. Read More.
• Negative Sentiment: Costco named in a U.S. class action alleging salmonella risk claims — legal exposure and remediation costs could draw investor concern if the suit advances. Read More.
• Negative Sentiment: Commentary suggests some members feel the “easy days are over” (pricing/margin pressure and tougher comps) and a Zacks note flagged COST underperforming while the broader market improved — short‑term selling/rotation likely contributed to the decline. Read More. Read More.

Costco Wholesale Stock Down 1.6%

NASDAQ COST opened at $996.08 on Thursday. The stock has a market cap of $442.13 billion, a PE ratio of 53.35, a P/E/G ratio of 5.34 and a beta of 1.01. The business has a 50 day moving average price of $930.48 and a two-hundred day moving average price of $933.95. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,067.08. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19.

Costco Wholesale (NASDAQ:COST) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $67.03 billion. During the same period in the prior year, the firm earned $4.04 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. As a group, sell-side analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s dividend payout ratio is currently 27.85%.

Insider Activity

In related news, EVP Teresa A. Jones sold 850 shares of the company’s 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 of the company’s stock, valued at $4,169,907.28. This represents a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Russell D. Miller sold 1,500 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president directly owned 8,240 shares of the company’s stock, valued at approximately $7,550,476.80. This represents a 15.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,915 shares of company stock worth $6,317,097 over the last quarter. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COST. JPMorgan Chase & Co. raised their target price on shares of Costco Wholesale from $1,000.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. BMO Capital Markets restated an “outperform” rating on shares of Costco Wholesale in a report on Friday, December 12th. Telsey Advisory Group reiterated an “outperform” rating and issued a $1,100.00 target price on shares of Costco Wholesale in a report on Monday, February 2nd. Hovde Group initiated coverage on Costco Wholesale in a research report on Tuesday, November 18th. They set a “market perform” rating and a $16.00 price target for the company. Finally, Northcoast Research set a $1,100.00 price objective on Costco Wholesale and gave the stock a “buy” rating in a report on Wednesday, December 24th. Twenty-one research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,008.07.

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.