5,395 Costco Wholesale Corporation $COST Shares Bought by Breakwater Capital Group

Breakwater Capital Group lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 536.3% in the third quarter, HoldingsChannel.com reports. The fund owned 6,401 shares of the retailer’s stock after acquiring an additional 5,395 shares during the period. Breakwater Capital Group’s holdings in Costco Wholesale were worth $5,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of COST. Bank of America Corp DE bought a new position in Costco Wholesale during the second quarter valued at about $6,781,946,000. Diamant Asset Management Inc. boosted its stake in Costco Wholesale by 99,278.0% in the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after acquiring an additional 6,720,130 shares during the last quarter. State Street Corp grew its position in shares of Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock valued at $22,359,224,000 after acquiring an additional 5,749,362 shares during the period. Corient Private Wealth LLC increased 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 last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is currently owned by institutional investors.

Key Costco Wholesale News

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

• Positive Sentiment: September sales accelerated. Costco reported net sales of $30.02 billion for the five-week retail month, up 13.0% year over year. Total comparable sales increased 11.4%, with U.S. comparable sales up 12.5%, supporting expectations for a strong start to fiscal 2027. Costco Wholesale Corporation Reports September Sales Results
• Positive Sentiment: Traffic and digital momentum remain strong. Analysts noted that transaction growth and customer traffic were key drivers, while digital sales rose 19%. Core comparable sales excluding gasoline and foreign-exchange effects increased 7.6%, indicating that demand extends beyond fuel-price inflation. Costco sales rise in September as strong traffic drives start to fiscal 2027
• Neutral Sentiment: Analyst support is mixed. UBS characterized the September trends as accelerating, while DA Davidson maintained a Hold rating and kept its price target unchanged. This suggests the operating performance is healthy but may already be reflected in COST’s valuation. Costco warehouse club tour analysis
• Negative Sentiment: Sales quality and valuation remain concerns. Some analysts cautioned that gasoline prices and other temporary, lower-margin factors contributed to the headline increase. With COST trading at roughly 45 times earnings, investors need sustained traffic, membership and profit growth to justify the premium multiple. Costco’s Sales Rebound in September Looks Great on Paper

Costco Wholesale Stock Up 0.6%

Costco Wholesale stock opened at $947.92 on Friday. The firm has a 50 day simple moving average of $930.81 and a 200 day simple moving average of $963.49. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The firm has a market capitalization of $420.38 billion, a price-to-earnings ratio of 45.66, a P/E/G ratio of 4.03 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.21. The firm had revenue of $95.72 billion during 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 business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the company earned $5.87 earnings per share. On average, analysts predict that Costco Wholesale Corporation will post 22.86 earnings per share for the current year.

Insider Buying and Selling

In other Costco Wholesale 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 transaction of $2,015,046.00. Following the completion of the transaction, the executive vice president owned 7,134 shares of the company’s stock, valued at $6,534,244.62. The trade was a 23.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wells Fargo & Company dropped their price objective on Costco Wholesale from $1,000.00 to $950.00 and set an “equal weight” rating on the stock in a research note on Friday, September 25th. BTIG Research restated a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 23rd. Raymond James Financial dropped their price target on Costco Wholesale from $1,100.00 to $1,050.00 and set an “outperform” rating on the stock in a research report on Friday, September 25th. Deutsche Bank Aktiengesellschaft cut their price target on Costco Wholesale from $1,091.00 to $1,079.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Finally, JPMorgan Chase & Co. lowered their price objective on Costco Wholesale from $1,100.00 to $1,015.00 and set an “overweight” rating on the stock in a research note on Friday, September 25th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average price target of $1,046.27.

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.