Costco Wholesale Corporation $COST Stock Purchased by Jericho Financial LLP

Jericho Financial LLP grew its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 33.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,961 shares of the retailer’s stock after purchasing an additional 1,743 shares during the quarter. Costco Wholesale comprises about 3.4% of Jericho Financial LLP’s portfolio, making the stock its 15th biggest holding. Jericho Financial LLP’s holdings in Costco Wholesale were worth $6,337,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in COST. State Street Corp grew its stake in shares of Costco Wholesale by 31.7% in the second quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock valued at $22,359,224,000 after buying an additional 5,749,362 shares in the last quarter. Bank of America Corp DE lifted its stake in Costco Wholesale by 11.5% in the first quarter. Bank of America Corp DE now owns 7,515,031 shares of the retailer’s stock valued at $7,488,203,000 after acquiring an additional 773,651 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Costco Wholesale by 838.9% in the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock valued at $5,282,182,000 after acquiring an additional 5,472,968 shares during the last quarter. Invesco Ltd. lifted its stake in Costco Wholesale by 3.4% in the 4th quarter. Invesco Ltd. now owns 4,328,729 shares of the retailer’s stock valued at $3,732,836,000 after purchasing an additional 143,150 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Costco Wholesale by 5.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,068,312 shares of the retailer’s stock valued at $2,870,314,000 after purchasing an additional 160,893 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of COST stock traded down $1.58 on Tuesday, hitting $957.86. The company’s stock had a trading volume of 508,402 shares, compared to its average volume of 2,180,439. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The company has a market capitalization of $424.46 billion, a PE ratio of 46.15, a PEG ratio of 4.05 and a beta of 0.88. The stock’s 50 day moving average is $930.81 and its 200-day moving average is $963.26. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $94.97 billion. During the same quarter in the previous year, the company earned $5.87 EPS. The business’s revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that Costco Wholesale Corporation will post 22.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on COST shares. BTIG Research reiterated a “buy” rating and set a $1,125.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 23rd. Oppenheimer reiterated an “outperform” rating and issued a $1,160.00 price objective on shares of Costco Wholesale in a report on Wednesday, September 16th. UBS Group reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday, September 17th. Evercore restated an “outperform” rating on shares of Costco Wholesale in a research note on Tuesday, September 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Costco Wholesale from $1,091.00 to $1,079.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Twenty-three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and a consensus price target of $1,046.27.

More Costco Wholesale News

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

• Positive Sentiment: Costco’s September net sales rose 13.0% year over year to $30.02 billion, reinforcing evidence of resilient consumer demand. Digital sales increased 19%, supported by expanded delivery options and personalization initiatives. Costco’s 19% September Digital Sales Growth Signals Strong Momentum
• Positive Sentiment: A reported $21.3 billion liquidity cushion, manageable debt and robust cash flow give Costco financial flexibility to expand its warehouse network and invest in growth. How Costco’s Balance Sheet Gives It an Edge Over Retail Competitors
• Positive Sentiment: Erste Group raised its FY2027 EPS forecast to $22.80 from $22.67 and expects FY2028 EPS of $25.01, signaling continued confidence in Costco’s earnings trajectory. Costco analyst earnings estimates
• Neutral Sentiment: Strong September sales have renewed interest in COST, but investors are questioning whether the stock’s premium valuation—around 46 times earnings—is already pricing in much of the growth. Costco Wholesale Posts 13% September Sales Growth
• Negative Sentiment: The 10-year Treasury yield has reached 5.2%, substantially exceeding Costco’s dividend yield. Higher bond yields can make COST’s income appeal less compelling and increase pressure on its premium valuation. Costco Wholesale Stock Loses to 10-Year U.S. Treasury Notes on Yield
• Negative Sentiment: Some September sales growth may have benefited from elevated gasoline prices, which increase reported fuel revenue. If gas prices decline, the comparison could become less favorable, though lower fuel costs could support margins. What Cheaper Gas Would Mean for Costco’s Sales and Margins

Insider Buying and Selling at Costco Wholesale

In other news, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the sale, the executive vice president directly owned 7,134 shares of the company’s stock, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

Costco Wholesale 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.