NEOS Investment Management LLC Has $170.79 Million Holdings in Costco Wholesale Corporation $COST

NEOS Investment Management LLC grew its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 63.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,510 shares of the retailer’s stock after purchasing an additional 71,968 shares during the period. Costco Wholesale comprises 1.3% of NEOS Investment Management LLC’s holdings, making the stock its 14th largest holding. NEOS Investment Management LLC’s holdings in Costco Wholesale were worth $170,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Soundwatch Capital LLC raised its stake in Costco Wholesale by 635.7% in the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock valued at $25,000 after purchasing an additional 2,206 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new position in Costco Wholesale in the second quarter valued at approximately $31,000. Abich Financial Wealth Management LLC bought a new stake in Costco Wholesale during the third quarter worth $34,000. Collier Financial acquired a new position in Costco Wholesale during the third quarter worth about $35,000. Finally, AXS Investments LLC acquired a new position in shares of Costco Wholesale during the third quarter worth $36,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, EVP Javier Polit sold 2,049 shares of Costco Wholesale stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $867.21, for a total transaction of $1,776,913.29. Following the transaction, the executive vice president directly owned 10,748 shares of the company’s stock, valued at approximately $9,320,773.08. This trade represents a 16.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP James C. Klauer sold 1,500 shares of Costco Wholesale stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total value of $1,408,500.00. Following the completion of the transaction, the executive vice president directly owned 44,837 shares in the company, valued at $42,101,943. This trade represents a 3.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 6,915 shares of company stock valued at $6,317,097. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale News Roundup

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

• Positive Sentiment: Zacks highlights a “dual engine” for growth — e-commerce comps up ~20.5% and new store openings driving outsized sales, supporting revenue and same-store-sales momentum. Costco’s Digital Demand and Warehouse Strength Create a Dual Engine
• Positive Sentiment: Rollout of mobile/online ordering for custom cakes and deli trays improves convenience and fulfillment options — could raise transaction frequency and average ticket in clubs. Costco cake online ordering is coming
• Positive Sentiment: Coverage noting that prominent billionaires hold large positions in Costco lends a governance/endorsement narrative that can support investor confidence. 3 Billionaires Have One Key Stock As Their Largest Holding. You’ll Be Surprised to Know What It Is.
• Neutral Sentiment: Reported short-interest notes are inconsistent (data shows 0 shares and 0 days-to-cover), so there’s no clear evidence of rising short pressure to amplify moves.
• Neutral Sentiment: Stories celebrating long-term share performance (e.g., “If you invested $1,000…” pieces) support sentiment but are descriptive rather than catalytic. If You Invested $1000 in Costco a Decade Ago, This is How Much It’d Be Worth Now
• Negative Sentiment: A lawsuit alleging rotisserie chicken contamination introduces legal, recall and reputational risk; investors should watch for case developments and any operational impact. Costco Lawsuit Over Rotisserie Chicken Contamination And Investor Considerations
• Negative Sentiment: Consumer pieces on products to avoid (Kirkland items) and reports that Costco is tightening return policies could weigh on customer experience/reputation if they gain traction. 7 Kirkland Signature Foods And Drinks Costco Shoppers Avoid Buying Costco quietly cracks down on returns

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on COST. Deutsche Bank Aktiengesellschaft set a $1,044.00 price objective on shares of Costco Wholesale in a research note on Thursday, January 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Costco Wholesale in a research note on Monday, December 29th. Truist Financial cut their price target on Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating for the company in a research note on Friday, December 12th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $1,100.00 price target on shares of Costco Wholesale in a report on Monday, February 2nd. Finally, The Goldman Sachs Group reduced 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 research note on Friday, December 12th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,009.00.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $1,018.48 on Tuesday. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,077.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04. The stock has a market cap of $452.07 billion, a P/E ratio of 54.55, a price-to-earnings-growth ratio of 5.37 and a beta of 1.01. The firm’s fifty day moving average price is $925.57 and its 200-day moving average price is $933.10.

Costco Wholesale (NASDAQ:COST) last released its earnings results on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The business had revenue of $67.31 billion for the quarter, compared to analysts’ expectations of $67.03 billion. During the same quarter in the prior year, the firm earned $4.04 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. On average, equities research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were paid 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 is currently 27.85%.

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.