Marin Bay Wealth Advisors LLC Grows Position in Costco Wholesale Corporation $COST

Marin Bay Wealth Advisors LLC grew its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 56.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,489 shares of the retailer’s stock after acquiring an additional 1,264 shares during the quarter. Costco Wholesale comprises 1.0% of Marin Bay Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position. Marin Bay Wealth Advisors LLC’s holdings in Costco Wholesale were worth $3,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Diamant Asset Management Inc. raised its stake in Costco Wholesale by 99,278.0% in the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after purchasing an additional 6,720,130 shares in the last quarter. Norges Bank purchased a new position in Costco Wholesale in the 4th quarter worth approximately $5,195,415,000. Corient Private Wealth LLC grew its stake in Costco Wholesale by 838.9% in the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after buying an additional 5,472,968 shares in the last quarter. Cardano Risk Management B.V. increased its holdings in shares of Costco Wholesale by 907.1% in the 4th quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock worth $1,539,346,000 after buying an additional 1,607,833 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Costco Wholesale by 1,586.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock worth $980,857,000 after buying an additional 1,070,005 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.

Costco Wholesale Trading Down 0.7%

COST stock opened at $929.22 on Wednesday. The company has a market capitalization of $412.09 billion, a PE ratio of 46.74, a price-to-earnings-growth ratio of 4.52 and a beta of 0.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The company’s 50 day moving average price is $972.60 and its two-hundred day moving average price is $979.28.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The business had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. During the same period last year, the company posted $4.28 EPS. As a group, analysts predict that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s payout ratio is currently 29.58%.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco is being praised for its long runway for expansion, with analysts pointing to plans for 26 net-new warehouses in fiscal 2026 and a broader international pipeline. Why Costco’s Warehouse Growth Story Is Far From Over
• Positive Sentiment: New store-opening reports, including more locations coming in 2026 and a new Clarksville site, reinforce Costco’s continued footprint expansion and should support revenue growth expectations. 8 more Costco stores are coming in 2026. Is Ohio getting one? Costco coming to Freedom Farms in Clarksville
• Positive Sentiment: Costco’s pharmacy and prescription-service expansion could make memberships more valuable and increase customer loyalty and visit frequency. Costco expands pharmacy, prescription services for members
• Positive Sentiment: Coverage around new premium items, such as Laifen hair dryers in stores, suggests Costco is still expanding its product assortment and strengthening its appeal to higher-spending members. Costco (COST) Brings Laifen Hair Dryer To Stores In Its Biggest US Retail Push
• Neutral Sentiment: Several articles framed Costco as a strong long-term compounder and a potential future trillion-dollar company, which is supportive sentiment but not a near-term catalyst. Prediction: Costco Will Join the $1 Trillion Club by 2033
• Neutral Sentiment: Other commentary focused on Costco as a high-quality dividend or retirement holding, while also noting valuation concerns versus peers; this keeps the stock in the spotlight but does not change the business outlook immediately. Costco Is a Compelling Investment Opportunity, but This Stock Could Be an Even Better Buy Costco Is a No-Brainer Buy for Retirement Investors Right Now
• Negative Sentiment: Some coverage highlighted that COST has pulled back from recent highs and remains expensive on earnings metrics, which may be weighing on near-term trading. Price Prediction: Will Costco Hit a New-High This Year?
• Negative Sentiment: One report noted the stock edged lower even as Costco reportedly plans standalone gas stations, suggesting investors may be taking a cautious approach to the expansion news. Costco Stock (COST) Drops despite Bet on Stand-Alone Gas Stations in Sales Push

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. DA Davidson restated a “neutral” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research report on Thursday, June 4th. BTIG Research reissued a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Friday, May 29th. JPMorgan Chase & Co. lowered their price target on Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Sanford C. Bernstein lifted their price target on Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, TD Cowen reaffirmed a “buy” rating and set a $1,175.00 price target on shares of Costco Wholesale in a research note on Wednesday, June 3rd. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,059.07.

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.