Jacobs & Co. CA decreased its stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,723 shares of the retailer’s stock after selling 1,223 shares during the period. Costco Wholesale accounts for 1.9% of Jacobs & Co. CA’s investment portfolio, making the stock its 11th biggest position. Jacobs & Co. CA’s holdings in Costco Wholesale were worth $20,457,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently made changes to their positions in COST. Hobbs Wealth Management LLC increased its position in Costco Wholesale by 4.4% during the 2nd quarter. Hobbs Wealth Management LLC now owns 262 shares of the retailer’s stock worth $259,000 after purchasing an additional 11 shares in the last quarter. Busey Bank raised its stake in Costco Wholesale by 0.4% in the 3rd quarter. Busey Bank now owns 2,651 shares of the retailer’s stock valued at $2,454,000 after purchasing an additional 11 shares during the last quarter. Pasadena Private Wealth LLC lifted its holdings in Costco Wholesale by 0.8% in the 3rd quarter. Pasadena Private Wealth LLC now owns 1,403 shares of the retailer’s stock valued at $1,299,000 after purchasing an additional 11 shares in the last quarter. Tandem Investment Partners LLC boosted its stake in shares of Costco Wholesale by 1.1% during the 3rd quarter. Tandem Investment Partners LLC now owns 990 shares of the retailer’s stock worth $916,000 after purchasing an additional 11 shares during the last quarter. Finally, Optima Capital LLC boosted its stake in shares of Costco Wholesale by 0.9% during the 3rd quarter. Optima Capital LLC now owns 1,192 shares of the retailer’s stock worth $1,104,000 after purchasing an additional 11 shares during the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.
Costco Wholesale Stock Down 0.5%
Shares of NASDAQ:COST opened at $974.78 on Friday. The stock has a 50-day simple moving average of $983.32 and a 200-day simple moving average of $938.37. The stock has a market capitalization of $432.46 billion, a P/E ratio of 50.69, a PEG ratio of 4.84 and a beta of 1.01. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,067.08. 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 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, January 30th. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.04%.
Insiders Place Their Bets
In related news, EVP Javier Polit sold 2,049 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $867.21, for a total value of $1,776,913.29. Following the completion of the sale, the executive vice president directly owned 10,748 shares in the company, valued at approximately $9,320,773.08. This represents a 16.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Russell D. Miller sold 1,500 shares of the firm’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $916.32, for a total value of $1,374,480.00. Following the completion of the transaction, the executive vice president directly owned 8,240 shares in the company, valued at $7,550,476.80. This trade represents a 15.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 7,645 shares of company stock worth $7,049,302. 0.10% of the stock is owned by company insiders.
Analyst Ratings Changes
COST has been the subject of a number of analyst reports. TD Cowen reissued a “buy” rating on shares of Costco Wholesale in a research report on Friday, March 6th. Gordon Haskett raised their target price on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $1,155.00 target price on shares of Costco Wholesale in a research note on Monday, February 9th. The Goldman Sachs Group cut their price target on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating for the company in a report on Friday, March 6th. Finally, DA Davidson reissued a “neutral” rating and set a $1,000.00 price target on shares of Costco Wholesale in a research note on Friday, March 6th. Twenty-two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and a consensus target price of $1,039.13.
Read Our Latest Stock Report on COST
More Costco Wholesale News
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: New Kirkland Signature product launches and continued private-label innovation should support traffic and margins. Costco adds Kirkland Signature items. See what’s new
- Positive Sentiment: Expansion into standalone fuel sites (first standalone gas station opening by late June) expands convenience offerings and non-dues revenue, a potential long-term win vs. c-store rivals. Costco’s first standalone gas station to open by late June
- Positive Sentiment: Multiple bullish write-ups argue Costco deserves a premium multiple given its business model, pricing power, membership loyalty and long-term growth runway — supportive for sentiment among buy-and-hold investors. 3 Reasons Costco Stock Deserves to Trade at a Sky-High Valuation
- Positive Sentiment: Coverage highlighting Costco’s “winning the price war” narrative reinforces defensive/consumer-staples demand during inflationary periods. Costco proves it’s winning the price war
- Neutral Sentiment: A TipRanks piece balances upside (~11% noted) with worries about the future of physical retail — may keep some investors cautious but doesn’t change revenue fundamentals immediately. Costco Stock Forecast: Can COST Keep Up amid Worries about the Future of Retail Stores?
- Neutral Sentiment: Analyst/features asking “Is it too late to buy?” reflect the stock’s rich multi-year gains and high valuation — ongoing debate that can limit fresh inflows until clearer catalysts appear. Is It Too Late To Consider Costco Wholesale (COST) After Strong Multi Year Share Gains?
- Neutral Sentiment: Reported short-interest data shows no meaningful short position / days-to-cover change, so short-pressure is not a driver of today’s move. (Entry data provided internally.)
- Negative Sentiment: A small product recall (meatloaf meal) and press around potential membership price increases could create short-term sales or PR noise and give cautious traders a reason to trim positions. Costco Recalls Meatloaf Meal Over Possible Salmonella Risk
- Negative Sentiment: Macro/competitive risks — reports on tariff moves, energy-price volatility and aggressive promotions from peers (e.g., Target) raise concerns about margin pressure and cost passthrough, which can depress sentiment for retail stocks including COST. Trump tariffs live updates
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.
Further Reading
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