1,061 Shares of Costco Wholesale Corporation $COST Bought by TSG Advice Partners LLC

TSG Advice Partners LLC purchased a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST) during the 3rd quarter, HoldingsChannel reports. The firm purchased 1,061 shares of the retailer’s stock, valued at approximately $993,000.

A number of other hedge funds have also modified their holdings of the company. State Street Corp lifted its holdings in shares of Costco Wholesale by 31.7% during the second quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock worth $22,359,224,000 after purchasing an additional 5,749,362 shares during the period. Bank of America Corp DE boosted its position 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 buying an additional 773,651 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Costco Wholesale by 5.5% in the second 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 buying an additional 160,893 shares during the last quarter. Amundi increased its holdings in Costco Wholesale by 11.1% in the 1st quarter. Amundi now owns 2,839,016 shares of the retailer’s stock worth $2,828,881,000 after buying an additional 283,360 shares during the period. Finally, Legal & General Group Plc acquired a new position in Costco Wholesale in the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Robert W. Baird set a $1,175.00 price target on shares of Costco Wholesale in a research report on Friday, September 25th. BTIG Research reaffirmed a “buy” rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a report on Wednesday, September 23rd. Jefferies Financial Group cut their price objective on shares of Costco Wholesale from $1,130.00 to $1,100.00 in a research note on Friday, September 25th. Truist Financial cut their price objective on shares of Costco Wholesale from $1,011.00 to $955.00 and set a “hold” rating on the stock in a research note on Friday, September 25th. Finally, UBS Group reissued a “buy” rating on shares of Costco Wholesale in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,086.19.

Insiders Place Their Bets

In other Costco Wholesale news, EVP William Richard Wilcox sold 1,100 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the completion of the transaction, the executive vice president directly owned 3,094 shares in the company, valued at approximately $2,964,701.74. This represents a 26.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the transaction, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Costco received approval to build a warehouse at Seacoast Landing in Newington, New Hampshire, with an opening targeted for 2027. The new location should expand Costco’s store base and provide a long-term source of membership and sales growth. Costco gets approval to build at Seacoast Landing
• Positive Sentiment: Expansion through DoorDash and Uber Eats could generate incremental sales, attract younger shoppers and strengthen Costco’s digital presence without materially reducing warehouse traffic. Costco DoorDash and Uber Eats expansion
• Positive Sentiment: Costco and Walmart are gaining grocery market share as consumers increasingly seek value amid higher household costs. This reinforces Costco’s competitive positioning and could support comparable sales and membership retention. Walmart and Costco gaining grocery market share
• Neutral Sentiment: Costco is scheduled to pay its final quarterly dividend of 2026 on November 13, providing a predictable shareholder return but adding little new information about the company’s growth outlook. Costco dividend payment
• Neutral Sentiment: Costco and other companies objected to OKXICE’s proposed tokenized-stock trading platform. The move protects the company’s branding and shareholder rights but is unlikely to affect near-term earnings. Companies oppose OKXICE tokenized stocks plan
• Neutral Sentiment: Articles discussing a possible stock split emphasize that Costco has rarely split its shares and may not do so in 2027. A split would not change underlying value, while the stock’s high valuation leaves less room for execution disappointments. Costco stock split outlook
• Negative Sentiment: Exchange-traded funds were net sellers of approximately $75.6 million of COST shares on October 29, indicating some institutional profit-taking and creating modest short-term selling pressure. ETFs are net sellers of Costco

Costco Wholesale Stock Up 2.8%

Costco Wholesale stock opened at $1,040.55 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62. The stock has a market capitalization of $461.10 billion, a PE ratio of 50.12, a price-to-earnings-growth ratio of 4.20 and a beta of 0.88. The business has a 50 day simple moving average of $945.16 and a 200-day simple moving average of $970.75. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The firm had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. During the same quarter last year, the firm posted $5.87 EPS. The business’s revenue was up 11.1% on a year-over-year basis. On average, analysts anticipate that Costco Wholesale Corporation will post 22.70 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be given a dividend of $1.47 per share. The ex-dividend date is Friday, October 30th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 28.32%.

About Costco Wholesale

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.

Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.

The company traces its roots to Price Club, which opened in San Diego in 1976.