Olde Wealth Management LLC Invests $2.74 Million in Costco Wholesale Corporation $COST

Olde Wealth Management LLC bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST) in the third quarter, Holdings Channel.com reports. The fund bought 2,991 shares of the retailer’s stock, valued at approximately $2,738,000. Costco Wholesale makes up about 0.8% of Olde Wealth Management LLC’s holdings, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of COST. von Borstel & Associates Inc. boosted its position in Costco Wholesale by 696.0% during the third quarter. von Borstel & Associates Inc. now owns 4,808 shares of the retailer’s stock valued at $4,401,000 after acquiring an additional 4,204 shares during the last quarter. NorthRock Partners LLC grew its holdings in Costco Wholesale by 2.6% during the 3rd quarter. NorthRock Partners LLC now owns 11,666 shares of the retailer’s stock worth $10,799,000 after acquiring an additional 291 shares during the period. Bank OZK raised its position in shares of Costco Wholesale by 6.5% in the 3rd quarter. Bank OZK now owns 4,357 shares of the retailer’s stock worth $4,033,000 after acquiring an additional 266 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its stake in shares of Costco Wholesale by 9.2% in the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 10,265 shares of the retailer’s stock valued at $9,502,000 after purchasing an additional 866 shares during the period. Finally, Wealth Advisors of Tampa Bay LLC acquired a new position in shares of Costco Wholesale in the 3rd quarter valued at about $1,472,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Up 0.5%

COST stock opened at $1,008.43 on Friday. The stock’s 50 day simple moving average is $975.52 and its 200 day simple moving average is $937.17. The company has a market cap of $447.61 billion, a P/E ratio of 52.44, a price-to-earnings-growth ratio of 5.07 and a beta of 1.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.06. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The firm had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm posted $4.02 earnings per share. On average, research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were given a $1.30 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.04%.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Q2 beat and membership strength: Costco reported stronger-than-expected FQ2 results (revenue and EPS beats) and management highlighted membership growth and traffic as key drivers, underpinning confidence in recurring fee income and sales momentum. Costco Reports $68.24B FQ2 Sales
• Positive Sentiment: Membership mix and premium sign‑ups: Executive membership growth (near 40M members, +~9%) supports higher-margin recurring fee income and may sustain revenue per member. This is a structural tailwind for margins and cash flow. Is a $130 Costco executive membership the new VIP status?
• Positive Sentiment: In‑warehouse innovation and product drops: Expanded in‑warehouse experiences, curated product drops (e.g., fashion/brand collaborations) and new assortments (including third‑party brands like Hiboy e‑bikes) are helping traffic and impulse sales. Costco Expands In‑Warehouse Experiences Hiboy C1 E‑Bike Lands at Costco
• Neutral Sentiment: Digital growth and traffic resilience: Management says digital sales and e‑commerce expansion remain contributors to growth, but macro headwinds (e.g., energy-driven pressure on discretionary budgets) add uncertainty to near‑term sales cadence. Costco Says Shoppers Are Still Spending Rising gas prices could offset tax refunds
• Neutral Sentiment: Insider sale: An EVP disclosed a sale of ~730 shares; the size is immaterial relative to Costco’s market cap and does not signal a clear change in insider confidence. Executive Form 4
• Negative Sentiment: Tariff‑refund lawsuits create legal overhang: Multiple proposed class‑action suits allege Costco must pass along refunds to customers after the Supreme Court struck down certain Trump‑era tariffs; plaintiffs seek substantial recoveries and class status, introducing potential liability, administrative burden and PR risk until resolved. Reuters: Costco customers sue
• Negative Sentiment: Complex legal landscape: Coverage notes the situation is “messy” — Costco has also pursued government action to recover tariff amounts, but parallel suits against the company could keep volatility and headline risk elevated until legal outcomes and any government refunds are clarified. Barron’s: Tariff refunds are getting messy

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Bank of America started coverage on Costco Wholesale in a research report on Friday, February 27th. They set a “buy” rating and a $1,185.00 target price on the stock. Wells Fargo & Company boosted their price target on Costco Wholesale from $900.00 to $950.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Roth Mkm restated a “sell” rating on shares of Costco Wholesale in a report on Wednesday, February 4th. Citigroup reaffirmed a “neutral” rating on shares of Costco Wholesale in a research report on Friday, February 20th. Finally, Hovde Group started coverage on shares of Costco Wholesale in a research note on Tuesday, November 18th. They issued a “market perform” rating and a $16.00 price objective for the company. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,039.13.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, EVP James C. Klauer sold 1,500 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $939.00, for a total transaction of $1,408,500.00. Following the completion of the sale, the executive vice president owned 44,837 shares in the company, valued at approximately $42,101,943. The trade was a 3.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Susan L. Decker sold 458 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $955.00, for a total transaction of $437,390.00. Following the transaction, the director owned 8,532 shares in the company, valued at approximately $8,148,060. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,645 shares of company stock worth $7,049,302 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

About Costco Wholesale

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.