Gardner Lewis Asset Management L P Buys Shares of 1,066 Costco Wholesale Corporation $COST

Gardner Lewis Asset Management L P purchased a new stake in Costco Wholesale Corporation (NASDAQ:COST) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,066 shares of the retailer’s stock, valued at approximately $987,000.

Several other large investors have also modified their holdings of the business. Brighton Jones LLC lifted its position in shares of Costco Wholesale by 12.3% in the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after acquiring an additional 2,172 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after purchasing an additional 130 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Costco Wholesale by 4.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after purchasing an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its holdings in Costco Wholesale by 1.1% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after purchasing an additional 23 shares in the last quarter. Finally, United Bank boosted its stake in shares of Costco Wholesale by 4.2% during the 2nd quarter. United Bank now owns 5,846 shares of the retailer’s stock worth $5,787,000 after purchasing an additional 235 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Javier Polit sold 2,049 shares of Costco Wholesale stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $867.21, for a total transaction of $1,776,913.29. Following the transaction, the executive vice president directly owned 10,748 shares of the company’s stock, valued at $9,320,773.08. The trade was a 16.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Russell D. Miller sold 1,500 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the completion of the sale, the executive vice president directly owned 8,240 shares of the company’s stock, valued at $7,550,476.80. The trade was a 15.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,915 shares of company stock valued at $6,317,097 in the last three months. 0.10% of the stock is owned by company insiders.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Supreme Court tariff ruling could benefit Costco financially and reputationally—companies that filed early suits, including Costco, may have an edge collecting refunds and avoiding passed‑on tariffs, which supports margins and customer PR. Fortune: With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big
• Positive Sentiment: Analyst and sell‑side attention is bullish: Rothschild & Co Redburn published a note forecasting strong price appreciation for COST, which can attract buyers and support sentiment. American Banking News: Rothschild & Co Redburn Forecasts Strong Price Appreciation for Costco
• Positive Sentiment: High‑visibility brand moves: a limited Nike partnership generated buzz and social resale demand, boosting marketing momentum and potential traffic to warehouses. Motley Fool: Why Nike Partnering with Costco Is Actually a Genius Move
• Neutral Sentiment: Options flow and trading ideas: some outlets are promoting short‑term bullish option strategies on COST, indicating retail and options traders are active but not changing fundamentals. Investors Business Daily: Bull Put Spread Idea
• Neutral Sentiment: Short‑interest notices in the feed show large increases but report zero shares and 0.0 days (likely a data/reporting error); not meaningful for immediate positioning.
• Negative Sentiment: Food‑safety litigation: a class‑action lawsuit alleges Costco’s rotisserie chicken poses a salmonella risk—legal exposure and reputational damage could pressure sales in affected categories. MyNorthwest: Class-action lawsuit alleges Costco’s rotisserie chicken poses salmonella risk
• Negative Sentiment: Operational/headline hits: Costco is issuing refunds and recalling certain gift cards after a program closure, and it dropped an Asheville store proposal citing cost/requirements—both are modest near‑term costs and may dent local expansion sentiment. Yahoo: Costco drops Asheville proposal due to requirements, costs Yahoo: Costco Is Recalling Gift Cards Issued for Hundreds of Restaurants

Costco Wholesale Trading Down 0.3%

COST stock opened at $985.27 on Friday. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. The company has a market cap of $437.33 billion, a price-to-earnings ratio of 52.77, a PEG ratio of 5.20 and a beta of 1.01. The business has a fifty day simple moving average of $934.56 and a 200-day simple moving average of $934.47. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. The firm had revenue of $67.31 billion during the quarter, compared to the consensus estimate of $67.03 billion. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.04 earnings per share. On average, equities research analysts expect that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, January 30th. Costco Wholesale’s dividend payout ratio is 27.85%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on COST shares. The Goldman Sachs Group cut their price objective on shares of Costco Wholesale from $1,218.00 to $1,171.00 and set a “buy” rating for the company in a research report on Friday, December 12th. Oppenheimer boosted their price target on Costco Wholesale from $1,050.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research note on Monday, December 22nd. JPMorgan Chase & Co. lifted their price objective on Costco Wholesale from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft set a $1,044.00 target price on Costco Wholesale in a research note on Thursday, January 8th. Twenty-one investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,008.07.

About Costco Wholesale

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.