Littlejohn Financial Services Inc. Raises Holdings in Costco Wholesale Corporation $COST

Littlejohn Financial Services Inc. boosted its position in Costco Wholesale Corporation (NASDAQ:COST) by 192.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,914 shares of the retailer’s stock after purchasing an additional 1,919 shares during the quarter. Costco Wholesale comprises approximately 2.0% of Littlejohn Financial Services Inc.’s investment portfolio, making the stock its 15th largest position. Littlejohn Financial Services Inc.’s holdings in Costco Wholesale were worth $2,697,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Soundwatch Capital LLC boosted its position in Costco Wholesale by 635.7% during the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after acquiring an additional 2,206 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new position in Costco Wholesale in the 2nd quarter worth approximately $31,000. Financial Connections Group Inc. boosted its holdings in shares of Costco Wholesale by 975.0% during the 2nd quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock worth $42,000 after purchasing an additional 39 shares during the last quarter. Frazier Financial Advisors LLC grew its position in shares of Costco Wholesale by 72.0% in the second quarter. Frazier Financial Advisors LLC now owns 43 shares of the retailer’s stock valued at $43,000 after purchasing an additional 18 shares in the last quarter. Finally, Marquette Asset Management LLC increased its holdings in shares of Costco Wholesale by 2,200.0% in the third quarter. Marquette Asset Management LLC now owns 46 shares of the retailer’s stock valued at $43,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

COST has been the topic of a number of recent research reports. Truist Financial lowered their price objective on Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating on the stock in a research note on Friday, December 12th. The Goldman Sachs Group dropped their price objective on shares of Costco Wholesale from $1,218.00 to $1,171.00 and set a “buy” rating for the company in a report on Friday, December 12th. Morgan Stanley cut their price objective on shares of Costco Wholesale from $1,225.00 to $1,130.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. Wells Fargo & Company decreased their target price on shares of Costco Wholesale from $1,000.00 to $900.00 and set an “equal weight” rating on the stock in a report on Friday, December 19th. Finally, Northcoast Research set a $1,100.00 price target on shares of Costco Wholesale and gave the stock a “buy” rating in a report on Wednesday, December 24th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $996.00.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Shares are in a technical breakout after a strong start to the year, attracting momentum-buying and questions about whether there’s still time to buy. Costco Finally Breaks Out: Is There Still Time to Buy?
• Positive Sentiment: ETF/strategist commentary highlights Costco as a beneficiary in a split consumer spending environment, which supports demand for defensive, low-price retailers. The K-Shaped Economy Isn’t Dead—And ETFs Are Picking Sides
• Positive Sentiment: Management is expanding footprint with plans to open six new warehouses across three states, supporting longer-term sales growth and member acquisition. The Costco Craze Continues: 6 New Warehouses Opening Across 3 States
• Neutral Sentiment: Several reports note executives sold stock to start the year but also point to strong December sales — a mixed signal that can pressure sentiment even if top-line trends remain healthy. Several Executives Sell Costco Stock (COST) to Start the New Year
• Neutral Sentiment: Positive long-term narratives and dividend/compound-return case studies continue to circulate (articles asking whether Costco can make you a millionaire), supporting buy-and-hold interest rather than near-term trading. Could Costco Help You Become a Millionaire Over the Long Term?
• Neutral Sentiment: Partnership/product placements (e.g., Quicklly launch) and consumer buzz (best items lists) sustain brand strength but have limited immediate impact on the stock. Quicklly Achieves a Major Nationwide Milestone with Landmark Costco and ALDI launch
• Negative Sentiment: Individual insider sales reported (e.g., Rep. Gilbert Ray Cisneros Jr.) can spook some investors and are being tracked as potential bearish signals. Costco Wholesale (NASDAQ:COST) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.
• Negative Sentiment: Another reported insider sale (Russell Miller) adds to the perception of executive liquidity-taking, which can weigh on sentiment despite solid revenue trends. Russell Miller Sells 1,500 Shares of Costco Wholesale (NASDAQ:COST) Stock

Insider Buying and Selling

In related news, EVP William Richard Wilcox sold 2,400 shares of Costco Wholesale stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $930.13, for a total value of $2,232,312.00. Following the completion of the transaction, the executive vice president owned 2,000 shares in the company, valued at approximately $1,860,260. The trade was a 54.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tiffany Marie Barbre sold 1,239 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $934.62, for a total transaction of $1,157,994.18. Following the sale, the insider directly owned 5,155 shares in the company, valued at approximately $4,817,966.10. The trade was a 19.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 10,446 shares of company stock worth $9,549,528 over the last 90 days. 0.10% of the stock is owned by insiders.

Costco Wholesale Stock Up 1.0%

Costco Wholesale stock opened at $950.98 on Thursday. The company has a market capitalization of $422.11 billion, a PE ratio of 50.94, a price-to-earnings-growth ratio of 5.64 and a beta of 1.02. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,078.23. The firm has a 50 day moving average price of $893.22 and a 200 day moving average price of $930.64.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, topping the consensus estimate of $4.27 by $0.07. The business had revenue of $67.31 billion during the quarter, compared to analyst estimates of $67.03 billion. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The company’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the business posted $4.04 earnings per share. Research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale 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.