Costco Wholesale Corporation $COST Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 5.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,068,312 shares of the retailer’s stock after buying an additional 160,893 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Costco Wholesale were worth $2,870,314,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in COST. New Mexico Educational Retirement Board increased its stake in shares of Costco Wholesale by 9.4% in the second quarter. New Mexico Educational Retirement Board now owns 22,065 shares of the retailer’s stock worth $20,641,000 after buying an additional 1,900 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in Costco Wholesale by 12.4% during the 2nd quarter. Toth Financial Advisory Corp now owns 2,862 shares of the retailer’s stock valued at $2,678,000 after acquiring an additional 315 shares during the last quarter. Mufg Securities Americas Inc. grew its holdings in Costco Wholesale by 8.8% during the 2nd quarter. Mufg Securities Americas Inc. now owns 13,363 shares of the retailer’s stock worth $12,501,000 after acquiring an additional 1,083 shares in the last quarter. Roffman Miller Associates Inc. PA grew its holdings in Costco Wholesale by 2.3% during the 2nd quarter. Roffman Miller Associates Inc. PA now owns 23,542 shares of the retailer’s stock worth $22,023,000 after acquiring an additional 538 shares in the last quarter. Finally, Nissay Asset Management Corp Japan increased its position in shares of Costco Wholesale by 4.1% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer’s stock worth $148,193,000 after purchasing an additional 6,200 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Activity at Costco Wholesale

In other news, Director Kenneth Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Freedom Broker raised shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $1,030.00 price target on the stock in a research report on Tuesday. Roth Capital boosted their price objective on Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a report on Friday, May 29th. Mizuho set a $1,100.00 price objective on Costco Wholesale in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,091.00 target price on shares of Costco Wholesale in a report on Friday. Finally, Sanford C. Bernstein set a $1,144.00 target price on Costco Wholesale in a research report on Friday. Twenty-two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,056.03.

Costco Wholesale Price Performance

Shares of NASDAQ:COST opened at $910.18 on Wednesday. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The firm has a 50-day simple moving average of $942.45 and a 200 day simple moving average of $976.18. The company has a market cap of $403.65 billion, a PE ratio of 45.78, a P/E/G ratio of 3.80 and a beta of 0.86.

Costco Wholesale Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s payout ratio is presently 29.58%.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Strong fourth-quarter sales: Costco reported fourth-quarter net sales of $93.9 billion, up 11.3% year over year. Digitally enabled comparable sales increased 19.5%, suggesting e-commerce and omnichannel initiatives remain important growth drivers. Costco’s Q4 Sales Rise 11.3% as Digital Momentum Remains Strong
• Positive Sentiment: Analyst upgrade: Freedom Broker raised Costco from “hold” to “buy” and established a $1,030 price target, implying meaningful potential upside from recent trading levels. However, the upgrade has not yet overcome broader selling pressure. Costco Stock Falls Despite Freedom Broker Upgrade to Buy
• Neutral Sentiment: Returns and liquidation operations: Reports that Costco resells some returned merchandise through liquidation and B-stock auctions provide additional context on its inventory practices. The activity appears operational rather than a major new earnings catalyst, although it may help recover value from returned goods. How Costco Resells Items Returned Under Its Satisfaction Guarantee Policy
• Negative Sentiment: Premium valuation and competitive concerns: Costco’s recent underperformance has renewed debate over whether its high valuation is justified. Jim Cramer argued that the retailer may have lost some of its edge, while other commentary points to competition from discount stores. With a price-to-earnings ratio above 45, investors may be particularly sensitive to any slowdown in growth or membership appeal. Cramer Warns Costco May Have Lost Its Edge
• Negative Sentiment: Supplier bankruptcy headline: The loss of a Costco distribution deal contributed to a beverage brand’s Chapter 11 filing. This is not a direct financial threat to Costco, but it highlights vendor and product-selection risks within its merchandise ecosystem. Loss of Costco Deal Helps Push Beverage Brand Into Chapter 11

Costco Wholesale Company Profile

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.