Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 12.2% in the third quarter, Holdings Channel.com reports. The fund owned 183,487 shares of the retailer’s stock after purchasing an additional 20,010 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Costco Wholesale were worth $169,841,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of COST. Soundwatch Capital LLC boosted its holdings in shares of Costco Wholesale by 635.7% during the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock valued at $25,000 after purchasing an additional 2,206 shares during the last quarter. LFA Lugano Financial Advisors SA bought a new position in Costco Wholesale during the second quarter valued at approximately $31,000. Financial Connections Group Inc. boosted its stake in Costco Wholesale by 975.0% during the second quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock valued at $42,000 after buying an additional 39 shares during the last quarter. Frazier Financial Advisors LLC grew its holdings in Costco Wholesale by 72.0% during the 2nd quarter. Frazier Financial Advisors LLC now owns 43 shares of the retailer’s stock valued at $43,000 after buying an additional 18 shares in the last quarter. Finally, Marquette Asset Management LLC increased its stake in Costco Wholesale by 2,200.0% in the 3rd quarter. Marquette Asset Management LLC now owns 46 shares of the retailer’s stock worth $43,000 after acquiring an additional 44 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.
Costco Wholesale Price Performance
COST stock opened at $965.55 on Wednesday. The stock has a market cap of $428.58 billion, a PE ratio of 51.59, a P/E/G ratio of 5.86 and a beta of 1.02. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,078.23. The company has a 50-day moving average price of $903.08 and a 200 day moving average price of $929.49. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19.
Costco Wholesale Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, January 30th. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.85%.
Wall Street Analyst Weigh In
COST has been the subject of a number of research reports. TD Cowen reiterated a “buy” rating on shares of Costco Wholesale in a research report on Friday, December 12th. Mizuho set a $1,000.00 price objective on shares of Costco Wholesale and gave the company an “outperform” rating in a research report on Monday, January 5th. DA Davidson reissued a “neutral” rating and issued a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, December 4th. Oppenheimer reduced their target price on shares of Costco Wholesale from $1,130.00 to $1,050.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Finally, Truist Financial reduced their price objective on Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating on the stock in a research note on Friday, December 12th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $996.00.
Check Out Our Latest Analysis on COST
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Costco will pay its first quarterly dividend of 2026 on Feb. 13 — a near-term cash return that supports income-focused investor demand. Costco to pay dividends on February 13; Here’s how much 100 COST shares will earn
- Positive Sentiment: Broker attention: Morgan Stanley listed Costco among top picks into earnings, which can support demand from institutional buyers ahead of further updates. Morgan Stanley’s top picks into earnings include AMD and Costco
- Positive Sentiment: Balance-sheet strength highlighted by analysts (cash-rich, low leverage, steady membership revenue) reinforces Costco’s ability to navigate retail headwinds and justify premium multiples. Can Costco Outgrow Retail Headwinds? The Balance Sheet Says Yes
- Positive Sentiment: Multiple bullish write-ups and valuation theses (including a bull-case summary) are circulating, reinforcing investor narratives about secular membership growth and warehouse expansion. Costco Wholesale Corporation (COST): A Bull Case Theory
- Neutral Sentiment: Costco’s nontraditional merchandise sales (gold bars) have produced noteworthy returns for buyers and draw positive PR, but the revenue/earnings impact is likely modest relative to core grocery/membership business. If you bought a gold bar from Costco in 2025, here’s your return now
- Neutral Sentiment: Market commentary on longer-term upside (e.g., potential to reach a larger market cap) and recent short-term rally articles may support momentum trades but don’t change fundamentals immediately. Can This Unstoppable Stock Join the $1 Trillion Club in 5 Years?
- Neutral Sentiment: Short-interest data reported shows no meaningful build (appears to be a data anomaly), so short pressure is not currently a driving factor. Short interest data (reported)
- Negative Sentiment: Costco faces a class-action lawsuit alleging misleading claims about its Kirkland rotisserie chicken ingredients — a reputational/legal risk that could create local negative headlines and short-term investor caution. Costco’s $4.99 Rotisserie Chicken Is Facing a Lawsuit. Shoppers Don’t Seem to Care
Insider Activity at Costco Wholesale
In other news, EVP William Richard Wilcox sold 2,400 shares of the business’s stock in a transaction 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 directly owned 2,000 shares of the company’s stock, valued at approximately $1,860,260. The trade was a 54.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James C. Klauer sold 1,500 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total transaction of $1,408,500.00. Following the completion of the transaction, the executive vice president owned 44,837 shares in the company, valued at approximately $42,101,943. The trade was a 3.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,315 shares of company stock worth $8,549,409 over the last quarter. 0.10% of the stock is owned by insiders.
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.
Further Reading
- Five stocks we like better than Costco Wholesale
- America’s Next Power Move Starts Underground
- Your Signature Is Missing – Act Before It’s Too Late
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- The biggest scam in the history of gold markets is unwinding
Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
