Costco Wholesale Corporation $COST Shares Sold by OLD National Bancorp IN

24 Apr 2026, 08:06 by Teresa Graham · The Cerbat Gem

OLD National Bancorp IN lowered its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 3.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 31,075 shares of the retailer’s stock after selling 1,200 shares during the quarter. OLD National Bancorp IN’s holdings in Costco Wholesale were worth $26,797,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Hurley Capital LLC lifted its position in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after buying an additional 18 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale in the third quarter valued at about $34,000. Collier Financial acquired a new position in Costco Wholesale in the third quarter valued at about $35,000. AXS Investments LLC acquired a new stake in shares of Costco Wholesale during the third quarter worth about $36,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Costco Wholesale during the third quarter worth about $36,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Mizuho increased their price target on shares of Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a research report on Friday, February 20th. Weiss Ratings raised shares of Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 17th. DA Davidson reaffirmed a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a report on Friday, April 10th. Finally, Rothschild & Co Redburn raised their target price on shares of Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,045.97.

Check Out Our Latest Stock Analysis on COST

Costco Wholesale Stock Performance

Shares of COST opened at $1,014.38 on Friday. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,067.08. 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 company’s 50 day simple moving average is $997.26 and its 200-day simple moving average is $947.11. The firm has a market cap of $450.03 billion, a PE ratio of 52.75, a price-to-earnings-growth ratio of 4.95 and a beta of 0.99.

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

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be paid a dividend of $1.47 per share. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, May 1st. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.04%.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the sale, the executive vice president directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Key Stories Impacting 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

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.