New Mexico Educational Retirement Board Sells 600 Shares of Costco Wholesale Corporation $COST

New Mexico Educational Retirement Board reduced its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 2.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,065 shares of the retailer’s stock after selling 600 shares during the period. Costco Wholesale makes up about 0.6% of New Mexico Educational Retirement Board’s investment portfolio, making the stock its 21st biggest position. New Mexico Educational Retirement Board’s holdings in Costco Wholesale were worth $18,573,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hobbs Wealth Management LLC boosted its position in shares of Costco Wholesale by 4.4% in the 2nd quarter. Hobbs Wealth Management LLC now owns 262 shares of the retailer’s stock worth $259,000 after purchasing an additional 11 shares during the last quarter. Busey Bank grew its stake in shares of Costco Wholesale by 0.4% during the third quarter. Busey Bank now owns 2,651 shares of the retailer’s stock worth $2,454,000 after purchasing an additional 11 shares during the period. Pasadena Private Wealth LLC increased its holdings in Costco Wholesale by 0.8% in the third quarter. Pasadena Private Wealth LLC now owns 1,403 shares of the retailer’s stock valued at $1,299,000 after purchasing an additional 11 shares during the last quarter. Tandem Investment Partners LLC increased its holdings in Costco Wholesale by 1.1% in the third quarter. Tandem Investment Partners LLC now owns 990 shares of the retailer’s stock valued at $916,000 after purchasing an additional 11 shares during the last quarter. Finally, Optima Capital LLC lifted its stake in Costco Wholesale by 0.9% in the third quarter. Optima Capital LLC now owns 1,192 shares of the retailer’s stock valued at $1,104,000 after buying an additional 11 shares during the period. 68.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Telsey Advisory Group raised their target price on Costco Wholesale from $1,100.00 to $1,125.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Rothschild & Co Redburn upped their price target on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Gordon Haskett increased their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. BMO Capital Markets lifted their price objective 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. Finally, The Goldman Sachs Group decreased their price objective on shares of Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating for the company in a report on Friday, March 6th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,039.13.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Teresa A. Jones sold 850 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total value of $838,321.00. Following the sale, the executive vice president owned 4,228 shares in the company, valued at approximately $4,169,907.28. The trade was a 16.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Susan L. Decker sold 458 shares of the business’s 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 completion of the sale, the director directly owned 8,532 shares in the company, valued at approximately $8,148,060. This represents a 5.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,645 shares of company stock valued at $7,049,302 over the last three months. Insiders own 0.10% of the company’s stock.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: New Kirkland Signature product launches and continued private-label innovation should support traffic and margins. Costco adds Kirkland Signature items. See what’s new
• Positive Sentiment: Expansion into standalone fuel sites (first standalone gas station opening by late June) expands convenience offerings and non-dues revenue, a potential long-term win vs. c-store rivals. Costco’s first standalone gas station to open by late June
• Positive Sentiment: Multiple bullish write-ups argue Costco deserves a premium multiple given its business model, pricing power, membership loyalty and long-term growth runway — supportive for sentiment among buy-and-hold investors. 3 Reasons Costco Stock Deserves to Trade at a Sky-High Valuation
• Positive Sentiment: Coverage highlighting Costco’s “winning the price war” narrative reinforces defensive/consumer-staples demand during inflationary periods. Costco proves it’s winning the price war
• Neutral Sentiment: A TipRanks piece balances upside (~11% noted) with worries about the future of physical retail — may keep some investors cautious but doesn’t change revenue fundamentals immediately. Costco Stock Forecast: Can COST Keep Up amid Worries about the Future of Retail Stores?
• Neutral Sentiment: Analyst/features asking “Is it too late to buy?” reflect the stock’s rich multi-year gains and high valuation — ongoing debate that can limit fresh inflows until clearer catalysts appear. Is It Too Late To Consider Costco Wholesale (COST) After Strong Multi Year Share Gains?
• Neutral Sentiment: Reported short-interest data shows no meaningful short position / days-to-cover change, so short-pressure is not a driver of today’s move. (Entry data provided internally.)
• Negative Sentiment: A small product recall (meatloaf meal) and press around potential membership price increases could create short-term sales or PR noise and give cautious traders a reason to trim positions. Costco Recalls Meatloaf Meal Over Possible Salmonella Risk
• Negative Sentiment: Macro/competitive risks — reports on tariff moves, energy-price volatility and aggressive promotions from peers (e.g., Target) raise concerns about margin pressure and cost passthrough, which can depress sentiment for retail stocks including COST. Trump tariffs live updates

Costco Wholesale Price Performance

Shares of COST opened at $974.78 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06. The stock has a 50 day simple moving average of $983.32 and a 200 day simple moving average of $938.37. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,067.08. The firm has a market capitalization of $432.46 billion, a PE ratio of 50.69, a P/E/G ratio of 4.84 and a beta of 1.01.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. The business had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.02 EPS. Sell-side analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 annualized dividend and a dividend yield of 0.5%. Costco Wholesale’s dividend payout ratio is currently 27.04%.

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.