Costco Wholesale (NASDAQ:COST) Shares Acquired Rep. Richard McCormick

Representative Richard McCormick (R-Georgia) recently bought shares of Costco Wholesale Corporation (NASDAQ:COST). In a filing disclosed on December 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Costco Wholesale stock on November 5th.

Representative Richard McCormick also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Realty Income (NYSE:O) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 11/5/2025.

Costco Wholesale Stock Performance

NASDAQ COST traded up $0.17 on Thursday, reaching $874.58. 627,136 shares of the company’s stock traded hands, compared to its average volume of 2,276,172. Costco Wholesale Corporation has a fifty-two week low of $871.09 and a fifty-two week high of $1,078.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.55 and a current ratio of 1.03. The firm has a market cap of $388.28 billion, a price-to-earnings ratio of 48.02, a P/E/G ratio of 6.02 and a beta of 1.00. The stock has a 50 day moving average price of $917.49 and a 200-day moving average price of $952.44.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, September 25th. The retailer reported $5.87 earnings per share for the quarter, beating analysts’ consensus estimates of $5.81 by $0.06. The business had revenue of $86.16 billion during the quarter, compared to analyst estimates of $86.01 billion. Costco Wholesale had a return on equity of 30.09% and a net margin of 2.94%.The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $5.15 EPS. Equities research analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 31st were given a dividend of $1.30 per share. The ex-dividend date was Friday, October 31st. This represents a $5.20 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is currently 28.56%.

Insiders Place Their Bets

In other news, EVP William Richard Wilcox sold 2,400 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $930.13, for a total transaction of $2,232,312.00. Following the completion of the sale, the executive vice president owned 2,000 shares in the company, valued at approximately $1,860,260. The trade was a 54.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tiffany Marie Barbre sold 1,239 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $934.62, for a total transaction of $1,157,994.18. Following the completion of the transaction, the insider owned 5,155 shares of the company’s stock, valued at approximately $4,817,966.10. The trade was a 19.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,720 shares of company stock worth $9,010,257 over the last 90 days. Insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

Several large investors have recently added to or reduced their stakes in the business. Bulwark Capital Corp acquired a new stake in Costco Wholesale in the 2nd quarter valued at about $25,000. Soundwatch Capital LLC lifted its holdings in Costco Wholesale by 635.7% during the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after buying an additional 2,206 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new position in shares of Costco Wholesale during the 2nd quarter worth about $31,000. Hurley Capital LLC increased its holdings in shares of Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after acquiring an additional 18 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Costco Wholesale in the 3rd quarter valued at about $34,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on COST. Hovde Group assumed coverage on Costco Wholesale in a research note on Tuesday, November 18th. They set a “market perform” rating and a $16.00 price objective for the company. Telsey Advisory Group reiterated an “outperform” rating and issued a $1,100.00 target price on shares of Costco Wholesale in a research report on Monday, December 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Costco Wholesale in a research report on Monday. Roth Capital set a $907.00 price objective on shares of Costco Wholesale and gave the company a “neutral” rating in a report on Friday, September 26th. Finally, DA Davidson restated a “neutral” rating and set a $1,000.00 target price on shares of Costco Wholesale in a report on Thursday, December 4th. Nineteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, Costco Wholesale has a consensus rating of “Moderate Buy” and an average price target of $1,023.41.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

Costco Wholesale Company Profile

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.