YHB Investment Advisors Inc. lessened its holdings in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 1.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 41,507 shares of the retailer’s stock after selling 605 shares during the period. Costco Wholesale comprises 2.4% of YHB Investment Advisors Inc.’s holdings, making the stock its 9th biggest position. YHB Investment Advisors Inc.’s holdings in Costco Wholesale were worth $37,786,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Titleist Asset Management LLC increased its position in shares of Costco Wholesale by 6.8% during the third quarter. Titleist Asset Management LLC now owns 1,211 shares of the retailer’s stock worth $1,102,000 after purchasing an additional 77 shares in the last quarter. Apella Capital LLC grew its stake in Costco Wholesale by 13.2% during the 3rd quarter. Apella Capital LLC now owns 5,096 shares of the retailer’s stock worth $4,801,000 after buying an additional 595 shares during the last quarter. Gradient Investments LLC increased its position in Costco Wholesale by 1.9% during the 3rd quarter. Gradient Investments LLC now owns 28,115 shares of the retailer’s stock valued at $25,595,000 after buying an additional 530 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in Costco Wholesale by 8.9% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 4,592 shares of the retailer’s stock valued at $4,180,000 after buying an additional 374 shares in the last quarter. Finally, Vista Investment Partners LLC boosted its holdings in Costco Wholesale by 1.6% in the third quarter. Vista Investment Partners LLC now owns 781 shares of the retailer’s stock worth $711,000 after acquiring an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Costco Wholesale Price Performance
Shares of COST stock traded up $8.24 during trading hours on Thursday, hitting $950.49. 990,194 shares of the company’s stock were exchanged, compared to its average volume of 2,189,203. 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 market cap of $421.52 billion, a P/E ratio of 45.75, a P/E/G ratio of 4.00 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. The firm has a 50 day moving average of $930.95 and a two-hundred day moving average of $963.67.
Insiders Place Their Bets
In related news, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. DA Davidson upped their price target on shares of Costco Wholesale from $1,000.00 to $1,040.00 and gave the company a “neutral” rating in a research note on Friday, September 25th. UBS Group restated a “buy” rating on shares of Costco Wholesale in a research note on Thursday, September 17th. Bank of America lowered their price target on Costco Wholesale from $1,200.00 to $1,095.00 and set a “buy” rating for the company in a research report on Wednesday, September 16th. Mizuho dropped their price target on Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Finally, Wells Fargo & Company cut their price objective on Costco Wholesale from $1,000.00 to $950.00 and set an “equal weight” rating on the stock in a report on Friday, September 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,046.27.
Get Our Latest Analysis on COST
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Costco reported September net sales of $30.02 billion, up 13% year over year. Comparable sales increased 12.5% in the U.S., 6.3% in Canada and 10.8% internationally, while digital sales grew 19%. The results reinforce Costco’s traffic and membership-driven retail momentum. Costco September Sales Results
- Positive Sentiment: International operations remain an important growth engine for COST, with double-digit comparable-sales growth outside Canada. Investors are monitoring whether international expansion can support Wall Street’s longer-term revenue and earnings forecasts. Costco International Revenue Performance
- Positive Sentiment: Costco’s value-focused model could benefit from resilient spending by retirees and older consumers. A broader retiree economy is viewed as a potential tailwind for essential retail, including Costco, even though the individual Social Security payment discussed is small. Social Security and the Retiree Economy
- Neutral Sentiment: Analysts caution that September’s headline growth was partly helped by higher gasoline prices and other potentially temporary, lower-margin factors. The key issue for the stock is whether traffic, membership spending and merchandise demand remain strong after those effects are removed. Costco September Sales Analysis
- Negative Sentiment: Costco’s premium valuation leaves limited room for disappointment, while tariffs and ongoing margin pressure could constrain earnings growth. A lawsuit alleging that a Kirkland drink mix was inaccurately labeled “sugar-free” is a smaller potential reputational and legal overhang.
Costco Wholesale Company 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.
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