946 Costco Wholesale Corporation $COST Shares Purchased by MFA Wealth Services

MFA Wealth Services raised its position in Costco Wholesale Corporation (NASDAQ:COST) by 112.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,784 shares of the retailer’s stock after buying an additional 946 shares during the period. Costco Wholesale accounts for about 1.0% of MFA Wealth Services’ investment portfolio, making the stock its 24th biggest position. MFA Wealth Services’ holdings in Costco Wholesale were worth $1,624,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in shares of Costco Wholesale during the second quarter worth approximately $6,781,946,000. Diamant Asset Management Inc. boosted its holdings in shares of Costco Wholesale by 99,278.0% in 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 in the last quarter. State Street Corp boosted its holdings in shares of Costco Wholesale by 31.7% in the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock worth $22,359,224,000 after acquiring an additional 5,749,362 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of 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 acquiring an additional 5,472,968 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Costco reported September net sales of $30.02 billion for the five-week period ended October 4, up 13% year over year. Digitally enabled sales increased 19%, suggesting strong member engagement and continued momentum in e-commerce and delivery. September sales and digital growth article
• Positive Sentiment: The membership model continues to attract younger shoppers, while Costco’s value-focused pricing is helping it compete for consumers seeking savings. This supports recurring membership revenue and long-term traffic growth. Costco gaining younger members article
• Positive Sentiment: Costco received early approval from a Florida city council for a new warehouse, supporting the company’s expansion strategy and future membership capacity. A proposed West Oakland location could also create hundreds of jobs. Florida Costco store approval article
• Positive Sentiment: Analysts at Erste Group modestly raised their FY2027 EPS forecast to $22.80 and project $25.01 for FY2028, above the current-year consensus of $22.85, indicating expectations for continued earnings growth.
• Positive Sentiment: Costco’s approximately $21.3 billion liquidity cushion, manageable debt and strong cash flow provide financial flexibility for warehouse openings, technology investments and shareholder returns. Costco balance sheet article
• Neutral Sentiment: Some September sales growth benefited from elevated gasoline prices, which increase reported fuel revenue. If gas prices decline, the headline growth rate could moderate even if underlying merchandise demand remains healthy. Cheaper gas impact article
• Negative Sentiment: At roughly 46 times earnings, COST trades at a substantial premium to the broader market. The 10-year Treasury yield near 5.2% also offers materially higher income than Costco’s dividend, increasing the risk that investors view the stock as expensive despite strong fundamentals.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Roth Capital reaffirmed a “sell” rating and set a $781.00 price target on shares of Costco Wholesale in a report on Friday, September 25th. Freedom Broker cut their price objective on Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating for the company in a research report on Friday, September 25th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research note on Monday, September 28th. Weiss Ratings upgraded Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Argus restated a “buy” rating and set a $1,230.00 target price on shares of Costco Wholesale in a report on Monday, September 28th. Twenty-three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,046.27.

Insiders Place Their Bets

In related news, EVP Claudine Adamo sold 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the completion of the transaction, the executive vice president owned 7,134 shares in the company, valued at $6,534,244.62. The trade was a 23.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

Costco Wholesale Trading Down 0.5%

Shares of NASDAQ COST opened at $954.63 on Wednesday. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The company has a 50-day moving average of $930.95 and a two-hundred day moving average of $963.12. The company has a market cap of $423.03 billion, a PE ratio of 45.98, a P/E/G ratio of 4.07 and a beta of 0.88. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, beating the consensus estimate of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The business had revenue of $95.72 billion for the quarter, compared to analysts’ expectations of $94.97 billion. During the same period in the prior year, the firm earned $5.87 earnings per share. Costco Wholesale’s revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts expect that Costco Wholesale Corporation will post 22.85 earnings per share for the current fiscal year.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.

Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.