Rep. Greg Landsman Sells Costco Wholesale Co. (NASDAQ:COST) Stock

08 Mar 2025, 18:07 by Danessa Lincoln · The Markets Daily

Representative Greg Landsman (D-Ohio) recently sold shares of Costco Wholesale Co. (NASDAQ:COST). In a filing disclosed on March 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in Costco Wholesale stock on February 26th. The trade occurred in the Representative’s “ROCKEFELLER CAPITAL MANAGEMENT (1)” account.

Representative Greg Landsman also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 2/26/2025.
Purchased $1,001 – $15,000 in shares of Ameriprise Financial (NYSE:AMP) on 2/26/2025.
Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2025.
Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/26/2025.
Purchased $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 2/26/2025.
Sold $15,001 – $50,000 in shares of Arista Investors (OTCMKTS:ARINA) on 2/20/2025.
Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/20/2025.
Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/18/2025.
Purchased $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 2/18/2025.
Sold $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/19/2024.

Costco Wholesale Stock Performance

COST stock traded down $62.31 during trading on Friday, hitting $964.31. 5,505,499 shares of the company’s stock traded hands, compared to its average volume of 1,837,769. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a 52 week low of $697.27 and a 52 week high of $1,078.24. The stock has a fifty day moving average price of $989.69 and a two-hundred day moving average price of $942.97. The stock has a market capitalization of $428.06 billion, a price-to-earnings ratio of 56.62, a price-to-earnings-growth ratio of 6.15 and a beta of 0.82.

Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The retailer reported $4.02 earnings per share for the quarter, missing the consensus estimate of $4.09 by ($0.07). Costco Wholesale had a return on equity of 32.31% and a net margin of 2.93%. The company had revenue of $63.72 billion during the quarter, compared to analyst estimates of $63.02 billion. As a group, equities analysts anticipate that Costco Wholesale Co. will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $1.16 dividend. The ex-dividend date was Friday, February 7th. This represents a $4.64 annualized dividend and a yield of 0.48%. Costco Wholesale’s dividend payout ratio is presently 27.09%.

Analyst Upgrades and Downgrades

COST has been the topic of a number of research reports. Oppenheimer restated an “outperform” rating and issued a $1,075.00 price objective (up previously from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. Robert W. Baird increased their price objective on Costco Wholesale from $1,075.00 to $1,125.00 and gave the company an “outperform” rating in a research report on Friday. Morgan Stanley raised their target price on Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. TD Cowen increased their price objective on Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Barclays raised their target price on Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Ten equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,029.00.

View Our Latest Stock Analysis on Costco Wholesale

Institutional Investors Weigh In On Costco Wholesale

Several hedge funds have recently added to or reduced their stakes in COST. Vanguard Group Inc. grew its stake in Costco Wholesale by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 42,201,610 shares of the retailer’s stock valued at $38,668,069,000 after acquiring an additional 455,043 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Costco Wholesale by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 9,739,175 shares of the retailer’s stock valued at $8,901,249,000 after purchasing an additional 252,118 shares in the last quarter. FMR LLC raised its holdings in shares of Costco Wholesale by 1.6% in the 4th quarter. FMR LLC now owns 9,457,824 shares of the retailer’s stock valued at $8,665,921,000 after purchasing an additional 149,209 shares in the last quarter. Norges Bank acquired a new stake in Costco Wholesale during the 4th quarter worth $5,182,316,000. Finally, Northern Trust Corp raised its stake in Costco Wholesale by 12.6% during the 4th quarter. Northern Trust Corp now owns 5,257,809 shares of the retailer’s stock worth $4,817,573,000 after acquiring an additional 587,303 shares in the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio’s 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio’s 1st Congressional District. He declared candidacy for the 2026 election.

Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor’s Office of Faith-Based and Community Initiatives.

About Costco Wholesale

(Get Free Report)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.