First Nebraska Trust Co purchased a new position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 2,024 shares of the retailer’s stock, valued at approximately $1,843,000.
Other hedge funds have also recently added to or reduced their stakes in the company. First National Bank of Hutchinson raised its position in shares of Costco Wholesale by 0.9% during the first quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock worth $1,094,000 after purchasing an additional 10 shares during the period. Frisch Financial Group Inc. grew its position in Costco Wholesale by 1.0% in the 1st quarter. Frisch Financial Group Inc. now owns 1,049 shares of the retailer’s stock valued at $1,045,000 after purchasing an additional 10 shares during the period. Main Street Group LTD grew its position in Costco Wholesale by 0.8% in the 1st quarter. Main Street Group LTD now owns 1,226 shares of the retailer’s stock valued at $1,221,000 after purchasing an additional 10 shares during the period. HORAN Wealth LLC grew its position in Costco Wholesale by 1.3% in the 1st quarter. HORAN Wealth LLC now owns 803 shares of the retailer’s stock valued at $769,000 after purchasing an additional 10 shares during the period. Finally, SHUTTLEWORTH & Co increased its stake in Costco Wholesale by 0.4% during the 1st quarter. SHUTTLEWORTH & Co now owns 2,442 shares of the retailer’s stock valued at $2,433,000 after purchasing an additional 10 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.
Analyst Ratings Changes
COST has been the topic of several research reports. Argus restated a “buy” rating and set a $1,230.00 price objective on shares of Costco Wholesale in a report on Monday, September 28th. HSBC upgraded shares of Costco Wholesale to a “buy” rating in a report on Friday, September 25th. Royal Bank Of Canada restated a “sector perform” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a report on Friday, October 9th. TD Cowen assumed coverage on shares of Costco Wholesale in a research report on Friday, October 30th. They issued a “strong-buy” rating on the stock. Finally, Evercore reiterated an “outperform” rating on shares of Costco Wholesale in a research note on Tuesday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,086.19.
View Our Latest Stock Report on Costco Wholesale
Costco Wholesale Trading Down 2.0%
Shares of Costco Wholesale stock opened at $1,019.26 on Wednesday. The company has a market capitalization of $451.66 billion, a P/E ratio of 49.10, a price-to-earnings-growth ratio of 4.45 and a beta of 0.85. The stock has a fifty day simple moving average of $946.12 and a 200 day simple moving average of $971.09. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. 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 (NASDAQ:COST – Get Free Report) last issued its quarterly earnings data on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.21. The business had revenue of $95.72 billion for the quarter, compared to analysts’ expectations 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 was up 11.1% on a year-over-year basis. During the same period last year, the business earned $5.87 EPS. On average, sell-side analysts anticipate that Costco Wholesale Corporation will post 22.70 earnings per share for the current fiscal year.
Costco Wholesale Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a $1.47 dividend. The ex-dividend date is Friday, October 30th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 28.32%.
More Costco Wholesale News
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Costco’s DoorDash and Uber Eats expansion could add sales, reach younger shoppers and support digital growth without reducing warehouse traffic. Read article
- Positive Sentiment: Costco received approval for a new store at Seacoast Landing in Newington, New Hampshire, with a 2027 opening targeted—supporting longer-term expansion. Read article
- Positive Sentiment: Commentary presents Costco as a durable blue-chip investment and highlights its ability to introduce appealing products, including a coffee offering tied to an emerging trend. These are supportive long-term views, not new financial guidance. Read article Read article
- Neutral Sentiment: Articles discuss whether Costco could split its shares in 2027 because the price is above $1,000. A split could improve share accessibility but would not change the company’s underlying value, and no split has been announced. Read article
- Negative Sentiment: ETFs were reported as net sellers of about $75.6 million in COST shares on Oct. 29, which may have contributed to selling pressure; this is backward-looking and does not establish the cause of the latest decline. Read article
Insider Activity
In related news, EVP Claudine Adamo sold 2,200 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $6,534,244.62. This trade represents a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP William Richard Wilcox sold 1,100 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 3,094 shares in the company, valued at $2,964,701.74. The trade was a 26.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate 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 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.
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Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
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