Costco Wholesale Corporation $COST Stock Acquired by Wedmont Private Capital

Wedmont Private Capital raised its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 64.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,293 shares of the retailer’s stock after buying an additional 4,414 shares during the period. Wedmont Private Capital’s holdings in Costco Wholesale were worth $10,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Werlinich Asset Management LLC increased its position in shares of Costco Wholesale by 85.0% during the 3rd quarter. Werlinich Asset Management LLC now owns 6,704 shares of the retailer’s stock valued at $6,103,000 after purchasing an additional 3,080 shares during the last quarter. Journey Retirement Planning & Investment Management LLC lifted its position in Costco Wholesale by 33.6% in the 3rd quarter. Journey Retirement Planning & Investment Management LLC now owns 310 shares of the retailer’s stock worth $283,000 after buying an additional 78 shares during the last quarter. Gouws Capital LLC boosted its stake in Costco Wholesale by 0.8% in the third quarter. Gouws Capital LLC now owns 13,201 shares of the retailer’s stock worth $12,017,000 after buying an additional 108 shares in the last quarter. Dakota Community Bank & Trust NA boosted its stake in Costco Wholesale by 670.0% in the third quarter. Dakota Community Bank & Trust NA now owns 1,717 shares of the retailer’s stock worth $1,563,000 after buying an additional 1,494 shares in the last quarter. Finally, Aventus Investment Advisors Inc. grew its position in Costco Wholesale by 1,433.3% during the third quarter. Aventus Investment Advisors Inc. now owns 184 shares of the retailer’s stock valued at $168,000 after acquiring an additional 172 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Insider Activity

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the business’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the transaction, the executive vice president owned 7,134 shares in the company, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on COST. DA Davidson lifted their price target on shares of Costco Wholesale from $1,000.00 to $1,040.00 and gave the stock a “neutral” rating in a research note on Friday, September 25th. Argus reaffirmed a “buy” rating and set a $1,230.00 target price on shares of Costco Wholesale in a report on Monday, September 28th. BTIG Research reiterated a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research report on Wednesday, September 23rd. Jefferies Financial Group lowered their price target on shares of Costco Wholesale from $1,130.00 to $1,100.00 in a research note on Friday, September 25th. Finally, UBS Group restated a “buy” rating on shares of Costco Wholesale in a research report on Thursday, September 17th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,046.27.

Get Our Latest Report on COST

Costco Wholesale Trading Down 0.2%

Shares of Costco Wholesale stock traded down $2.34 on Friday, hitting $945.58. The stock had a trading volume of 661,223 shares, compared to its average volume of 2,188,253. The company has a quick ratio of 0.62, a current ratio of 1.06 and a debt-to-equity ratio of 0.11. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The stock has a market cap of $419.35 billion, a price-to-earnings ratio of 45.57, a PEG ratio of 4.03 and a beta of 0.88. The stock’s 50-day simple moving average is $930.81 and its two-hundred day simple moving average is $963.49.

Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, beating analysts’ consensus estimates of $6.54 by $0.21. The company had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $5.87 EPS. As a group, sell-side analysts predict that Costco Wholesale Corporation will post 22.86 EPS for the current year.

Key Stories 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. Total comparable sales increased 11.4%, while sales excluding gasoline and foreign-exchange effects rose 7.6%. Strong traffic, transactions and 19% digital growth point to continued operating momentum. Costco September Sales Results
• Positive Sentiment: UBS and Jefferies viewed the September performance as evidence of an accelerating start to fiscal 2027. The results reinforce Costco’s reputation for resilient customer traffic and could support earnings estimates. Costco September Sales Point to Accelerating Trends
• Neutral Sentiment: Royal Bank of Canada reaffirmed its Sector Perform rating and set a $1,000 price target, implying moderate upside but no strong change in its investment view. RBC Costco Rating
• Neutral Sentiment: DA Davidson maintained a Hold rating following a warehouse-club tour, suggesting Costco’s execution remains solid but that the current valuation already reflects much of the company’s strengths. DA Davidson Costco Warehouse Tour
• Negative Sentiment: Analysts cautioned that part of September’s comparable-sales surge came from higher gasoline prices and other lower-margin factors. This raises questions about how much of the growth will translate into profit expansion. Costco Sales Rebound Analysis
• Negative Sentiment: Costco’s premium valuation, tariff and margin risks, and a reported lawsuit involving a Kirkland drink-mix “sugar-free” claim provide additional reasons investors may remain cautious.

Costco Wholesale Profile

(Free Report)

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.

Featured Stories

• Five stocks we like better than Costco Wholesale
• Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
• Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
• Arista Networks Plugs Into All-Time Highs

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).