Costco Wholesale Corporation $COST Stock Sold by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH lowered its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 2.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 23,969 shares of the retailer’s stock after selling 632 shares during the quarter. Costco Wholesale makes up 4.0% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 7th biggest position. North Point Portfolio Managers Corp OH’s holdings in Costco Wholesale were worth $21,820,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of COST. Bank of America Corp DE bought a new position in Costco Wholesale during the second quarter valued at $6,781,946,000. Diamant Asset Management Inc. lifted its holdings in shares of Costco Wholesale by 99,278.0% in the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock worth $672,690,000 after acquiring an additional 6,720,130 shares during the last quarter. State Street Corp lifted its holdings in shares of Costco Wholesale by 31.7% in the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock worth $22,359,224,000 after acquiring an additional 5,749,362 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Costco Wholesale by 838.9% during the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after purchasing an additional 5,472,968 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Costco Wholesale during the 2nd quarter worth about $2,362,188,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Up 1.0%

Shares of NASDAQ COST traded up $9.17 during mid-day trading on Wednesday, reaching $944.85. 859,060 shares of the company were exchanged, compared to its average volume of 2,191,021. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The firm has a 50-day moving average of $931.59 and a 200 day moving average of $963.90. The stock has a market cap of $419.02 billion, a price-to-earnings ratio of 45.48, a P/E/G ratio of 3.95 and a beta of 0.88. The company has a quick ratio of 0.62, a current ratio of 1.06 and a debt-to-equity ratio of 0.11.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.21. The company had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%.The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.87 earnings per share. On average, research analysts expect that Costco Wholesale Corporation will post 22.86 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on COST shares. UBS Group reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday, September 17th. Raymond James Financial decreased their price objective on Costco Wholesale from $1,100.00 to $1,050.00 and set an “outperform” rating for the company in a report on Friday, September 25th. Oppenheimer reissued an “outperform” rating and set a $1,160.00 target price on shares of Costco Wholesale in a research report on Wednesday, September 16th. JPMorgan Chase & Co. reduced their price target on shares of Costco Wholesale from $1,100.00 to $1,015.00 and set an “overweight” rating for the company in a report on Friday, September 25th. Finally, Evercore reaffirmed an “outperform” rating on shares of Costco Wholesale in a research report on Tuesday, September 22nd. Twenty-two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,046.27.

Insider Buying and Selling at Costco Wholesale

In related news, EVP Claudine Adamo sold 2,200 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 7,134 shares in the company, valued at $6,534,244.62. The trade was a 23.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.10% of the company’s stock.

Key Costco Wholesale News

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

• Positive Sentiment: Costco’s cash balance continues to build, raising speculation that the company could announce another special dividend or otherwise return additional capital to shareholders later this year. Costco’s Cash Pile Keeps Building
• Positive Sentiment: Digital sales exceeded $33 billion in fiscal 2026, with faster delivery, personalization and AI-powered search supporting Costco’s e-commerce expansion and providing another avenue for revenue growth. Costco’s Digital Sales Top $33 Billion
• Positive Sentiment: Fiscal 2026 ended with 84.1 million paid members and a 92.3% U.S. and Canada renewal rate, reinforcing Costco’s competitive moat and recurring membership-fee revenue. Is Costco’s Moat Really Worth the Premium?
• Positive Sentiment: Analyst commentary remains constructive, with COST described as a highly ranked growth stock and brokerages assigning an average “Moderate Buy” rating. Costco Is a Top-Ranked Growth Stock
• Neutral Sentiment: A proposed new warehouse in Westfield could support future sales and membership growth, but the project is still under consideration and would not materially affect near-term results. Westfield Considers New Costco Warehouse Proposal
• Negative Sentiment: Investors remain concerned that Costco’s premium valuation leaves limited room for error, particularly as tariffs and other economic pressures threaten merchandise margins. Costco Stock Could Surprise Investors

About Costco Wholesale

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.