Turtle Creek Wealth Advisors LLC Raises Stock Position in Costco Wholesale Corporation $COST

24 Apr 2026, 08:54 by Jessica Moore · The Cerbat Gem

Turtle Creek Wealth Advisors LLC increased its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 7.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,422 shares of the retailer’s stock after acquiring an additional 842 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Costco Wholesale were worth $10,712,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Amundi grew its holdings in shares of Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after buying an additional 986,182 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Costco Wholesale by 1.1% during the third quarter. Fisher Asset Management LLC now owns 3,145,241 shares of the retailer’s stock worth $2,911,331,000 after buying an additional 34,826 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Costco Wholesale by 8.5% during the third quarter. American Century Companies Inc. now owns 1,619,703 shares of the retailer’s stock worth $1,499,246,000 after buying an additional 127,495 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Costco Wholesale by 0.7% during the third quarter. Principal Financial Group Inc. now owns 1,210,837 shares of the retailer’s stock worth $1,120,787,000 after buying an additional 8,259 shares in the last quarter. Finally, California Public Employees Retirement System grew its holdings in shares of Costco Wholesale by 13.3% during the third quarter. California Public Employees Retirement System now owns 1,160,702 shares of the retailer’s stock worth $1,074,381,000 after buying an additional 136,072 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Trending Headlines about Costco Wholesale

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

Positive Sentiment: Local expansion — Haltom City won a Costco Business Center with an attached fuel station, signaling continued footprint growth and fuel-margin revenue opportunities in a new market. Haltom City lands Costco Business Center, fuel station in major economic win
Positive Sentiment: New store momentum — A Pensacola Costco has a tentative opening date, underscoring steady unit growth that supports longer-term sales and membership expansion. Pensacola’s Costco has an opening date. Sort of.
Positive Sentiment: Strategic rollout — Costco says it aims to open dozens more warehouses in the coming years, a clear growth plan that supports revenue and membership metrics. Expansion cadence is a direct driver of sales growth. Costco aims for dozens more warehouses in coming years: Here’s when the newest open
Positive Sentiment: Shareholder return — The board approved a ~13% quarterly dividend increase to $1.47 per share, raising the annualized payout and making the stock more attractive to income-focused investors. Costco (COST) Approves Quarterly Dividend Increase Amid Robust Sales Growth
Positive Sentiment: Investor bullishness — Analysis pieces argue that Costco remains a sector leader and that buying on recent pullbacks could be compelling for long-term investors, supporting demand for the stock. With Costco Down 7% From Its All-Time High, Could Buying Now Set You Up for Life?
Neutral Sentiment: Market context — Coverage notes COST outperformed a weak market session, reflecting defensive demand but not changing fundamentals. Short-term price action may be tied to market rotation rather than new company catalysts. Costco (COST) Ascends While Market Falls: Some Facts to Note
Neutral Sentiment: Valuation discussion — Several analyst/opinion pieces question whether COST is “too expensive” near $1,000 a share despite strong fundamentals; valuation concerns could temper further rapid upside. Is Costco’s Stock Too Expensive Now?
Negative Sentiment: Rising competition — BJ’s Wholesale Club is expanding in Texas with new locations and low gas prices, representing localized competitive pressure that could affect membership and fuel margins in those markets. New BJ’s locations Texas: Club rivaling Costco, Sam’s expands to Texas

Costco Wholesale Trading Up 1.1%

Shares of COST stock opened at $1,014.38 on Friday. The company’s 50-day moving average price is $997.26 and its 200-day moving average price is $947.11. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The stock has a market cap of $450.03 billion, a price-to-earnings ratio of 52.75, a PEG ratio of 4.95 and a beta of 0.99. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,067.08.

Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share for the quarter, beating the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.02 EPS. As a group, equities analysts predict that Costco Wholesale Corporation will post 20.31 earnings per share for the current year.

Costco Wholesale Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio is presently 27.04%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on COST. TD Cowen reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Friday, March 6th. JPMorgan Chase & Co. upped their target price on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Mizuho upped their target price on shares of Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $1,155.00 target price on shares of Costco Wholesale in a report on Monday, February 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $1,050.00 target price on shares of Costco Wholesale in a report on Thursday, March 5th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,045.97.

Get Our Latest Report on COST

Insider Buying and Selling at Costco Wholesale

In other news, EVP Claudine Adamo sold 730 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the transaction, the executive vice president owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

About Costco Wholesale

(Free Report)

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.