Quantinno Capital Management LP Raises Stake in Costco Wholesale Corporation $COST

Quantinno Capital Management LP raised its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 27.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 298,945 shares of the retailer’s stock after purchasing an additional 65,251 shares during the quarter. Costco Wholesale comprises approximately 0.5% of Quantinno Capital Management LP’s portfolio, making the stock its 18th largest holding. Quantinno Capital Management LP’s holdings in Costco Wholesale were worth $297,879,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Diamant Asset Management Inc. lifted its position in Costco Wholesale by 99,278.0% during the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock worth $672,690,000 after acquiring an additional 6,720,130 shares during the period. Norges Bank acquired a new position in shares of Costco Wholesale in the fourth quarter valued at approximately $5,195,415,000. Corient Private Wealth LLC raised its stake in shares of Costco Wholesale by 838.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after purchasing an additional 5,472,968 shares during the last quarter. Cardano Risk Management B.V. raised its stake in shares of Costco Wholesale by 907.1% during the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock worth $1,539,346,000 after purchasing an additional 1,607,833 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after purchasing an additional 986,182 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Stock Up 1.8%

COST opened at $951.58 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The business has a 50 day simple moving average of $963.41 and a 200-day simple moving average of $981.10. The stock has a market capitalization of $422.01 billion, a P/E ratio of 47.87, a P/E/G ratio of 4.52 and a beta of 0.88. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share 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 quarter last year, the firm earned $4.28 earnings per share. On average, equities analysts anticipate that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

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

Insider Activity at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the sale, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Kirkland Signature is emerging as a growth engine. Expanded product offerings, pricing that is generally 15%–20% below national brands, and strong customer loyalty could improve Costco’s differentiation, margins and recurring sales. Costco’s Kirkland Brand Is Becoming a Powerful Growth Engine
• Positive Sentiment: Expectations for fourth-quarter earnings are favorable. Wall Street reportedly anticipates a double-digit increase in earnings per share, providing a potential catalyst as investors assess whether Costco can sustain its growth premium. What to Expect From Costco Wholesale’s Q4 2026 Earnings Report
• Positive Sentiment: Seasonal and ancillary initiatives may support engagement. Record projected back-to-school spending, a trade-in program that provides gift cards for old electronics, and continued interest in Costco’s low-priced gasoline could drive traffic and reinforce the membership value proposition. Costco will take your old tech and gift you a gift card
• Neutral Sentiment: Investor opinions remain divided. Commentary presents Costco as a high-quality retailer that can continue rewarding investors, but also emphasizes recessionary consumer sentiment and a demanding valuation—currently around 48 times earnings—which could limit upside without strong results. Three Top Retail Stocks: Buy, Sell or Hold?
• Negative Sentiment: Fuel competition could pressure Costco’s traffic advantage. A new 7-Eleven gas discount challenges Costco’s reputation for cheap fuel, particularly as higher gasoline prices constrain household budgets. 7-Eleven has a gas discount that challenges Costco
• Negative Sentiment: Legal overhang persists. Coverage of a $14 million email-promotion settlement and a separate lawsuit alleging heavy metals in Orgain protein powder raises potential reputational, compliance and financial risks, though the reported settlement is unlikely to materially affect Costco’s overall earnings. Costco Customers Could Claim Cash From $14 Million Settlement

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Roth Capital upped their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. BTIG Research restated a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Friday, May 29th. UBS Group lifted their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and a consensus 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.