Park Edge Advisors LLC trimmed its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 85.5% in the first quarter, Holdings Channel reports. The institutional investor owned 270 shares of the retailer’s stock after selling 1,589 shares during the period. Park Edge Advisors LLC’s holdings in Costco Wholesale were worth $269,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale during the 4th quarter worth about $27,000. Lifetime Wealth Management P.C. purchased a new stake in Costco Wholesale during the fourth quarter worth approximately $28,000. Mcguire Capital Advisors Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at approximately $28,000. Entrust Financial LLC acquired a new position in Costco Wholesale in the fourth quarter valued at approximately $31,000. Finally, Joseph Group Capital Management purchased a new position in Costco Wholesale in the fourth quarter valued at approximately $33,000. 68.48% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Costco Wholesale
In other news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.
Trending Headlines about Costco Wholesale
- Positive Sentiment: Several bullish articles highlighted Costco’s resilient membership model, strong sales growth, high renewal rates, and ongoing global expansion, reinforcing the view that the business remains fundamentally solid. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
- Positive Sentiment: Analysts and commentary pieces suggested Costco may have further upside, with some citing a path back toward $1,000 per share and broader appeal as a defensive retailer in volatile markets. Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside
- Positive Sentiment: Coverage around Costco’s cash generation raised the possibility of another special dividend later in 2026, which could be an additional catalyst for income-focused investors. Costco’s Cash Pile Is Building. Is a Special Dividend Coming in the Second Half of 2026?
- Neutral Sentiment: Costco was also mentioned in store-opening and local expansion stories, which point to continued growth but do not appear to be major immediate stock catalysts. Costco is opening 2 new locations this week. See where
- Neutral Sentiment: A director, Kenneth D. Denman, sold 885 shares in a disclosed SEC filing. The sale was relatively small versus his remaining stake, but insider selling can still weigh on sentiment. SEC filing for Kenneth D. Denman transaction
- Neutral Sentiment: Short-interest data showed no meaningful short position in the shares, so this report does not suggest a major bearish thesis.
- Negative Sentiment: Broader market commentary noted Costco’s stock has been under pressure recently despite solid fundamentals, suggesting valuation concerns and profit-taking may be limiting near-term upside. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
Costco Wholesale Stock Performance
Shares of Costco Wholesale stock opened at $942.24 on Friday. The firm’s fifty day simple moving average is $996.71 and its 200-day simple moving average is $970.66. The stock has a market capitalization of $417.86 billion, a price-to-earnings ratio of 47.40, a PEG ratio of 4.65 and a beta of 0.88. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61.
Costco Wholesale (NASDAQ:COST – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. During the same quarter in the prior year, the company earned $4.28 EPS. As a group, equities analysts forecast that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.
Costco Wholesale Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $1.47 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 29.58%.
Analysts Set New Price Targets
A number of analysts have weighed in on COST shares. Wells Fargo & Company raised their price objective on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Thursday, April 9th. Guggenheim reaffirmed a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Daiwa Securities Group increased their target price on shares of Costco Wholesale from $917.00 to $975.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Oppenheimer lifted their price target on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. 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 company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,061.45.
Check Out Our Latest Stock Report on COST
Costco Wholesale Company Profile
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.
See Also
- Five stocks we like better than Costco Wholesale
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
