OAKMONT Corp Makes New $19.09 Million Investment in Costco Wholesale Corporation $COST

OAKMONT Corp purchased a new stake in Costco Wholesale Corporation (NASDAQ:COST) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 22,135 shares of the retailer’s stock, valued at approximately $19,088,000. Costco Wholesale accounts for about 3.3% of OAKMONT Corp’s holdings, making the stock its 12th biggest holding.

A number of other institutional investors have also recently modified their holdings of COST. American National Bank & Trust grew its holdings in Costco Wholesale by 0.7% during the fourth quarter. American National Bank & Trust now owns 21,889 shares of the retailer’s stock worth $18,876,000 after acquiring an additional 145 shares during the period. Global Trust Asset Management LLC lifted its holdings in Costco Wholesale by 24.6% in the fourth quarter. Global Trust Asset Management LLC now owns 2,857 shares of the retailer’s stock valued at $2,464,000 after acquiring an additional 564 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Costco Wholesale by 333.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,070 shares of the retailer’s stock valued at $1,785,000 after acquiring an additional 1,592 shares during the period. YANKCOM Partnership boosted its position in shares of Costco Wholesale by 9.3% during the 4th quarter. YANKCOM Partnership now owns 1,430 shares of the retailer’s stock worth $1,233,000 after purchasing an additional 122 shares in the last quarter. Finally, SteelPeak Wealth LLC boosted its position in shares of Costco Wholesale by 9.9% during the 4th quarter. SteelPeak Wealth LLC now owns 13,886 shares of the retailer’s stock worth $11,974,000 after purchasing an additional 1,246 shares in the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Costco Wholesale

In related news, EVP Russell D. Miller sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the transaction, the executive vice president owned 8,240 shares of the company’s stock, valued at approximately $7,550,476.80. This represents a 15.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the sale, the executive vice president owned 6,121 shares in the company, valued at approximately $6,139,485.42. This trade represents a 10.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,038 shares of company stock worth $4,790,896 over the last three months. Company insiders own 0.10% of the company’s stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Bernstein reaffirmed a bullish view on Costco and highlighted a long-term growth runway, which helped lift the stock as investors price in durable membership-driven growth. Costco Stock Pops as Analyst Flags Growth Runway
• Positive Sentiment: Sell-side support continues: Telsey Advisory reiterated an Outperform rating, reinforcing buy-side confidence and possibly supporting multiple expansion. Telsey Advisory Group Reaffirms Outperform Rating
• Positive Sentiment: Insider activity: a top executive executed a notable share purchase, which investors often view as management confidence in near-term fundamentals. Top Costco Executive Makes a High-Value Move
• Positive Sentiment: Strategic expansion: Costco is pushing standalone gas stations in high-fuel-cost markets and opened a Manitoba Business Centre — moves that enhance value perception and broaden B2B revenue channels. Will Costco’s Gas and Business Centre Refine Its Value Narrative?
• Neutral Sentiment: Operational efficiency: Costco plans automated checkout stations to speed processing and reduce friction; potential margin benefits are longer-term and execution-dependent. Costco to introduce automated checkout stations
• Neutral Sentiment: Competitive context and consumer interest pieces (product roundups, bakery comparisons) keep the brand top-of-mind but are unlikely to move near-term fundamentals. I’ve worked at Costco for 20 years
• Negative Sentiment: Value-price competition is heating up: Sam’s Club raised membership fees and grocery chains are cutting prices, which could intensify a margin squeeze across the sector; analysts suggest membership-price moves at competitors may pressure Costco to respond strategically. Sam’s Club is hiking its membership fees

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $1,014.96 on Friday. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,067.08. The company has a market capitalization of $450.29 billion, a price-to-earnings ratio of 52.78, a PEG ratio of 5.01 and a beta of 0.99. The stock has a fifty day moving average of $989.68 and a two-hundred day moving average of $940.59. 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 (NASDAQ:COST) last issued its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.55 by $0.03. The business had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The business’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business earned $4.02 earnings per share. On average, analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale’s dividend payout ratio is 27.04%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on COST shares. Rothschild & Co Redburn increased their price target on shares of Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Raymond James Financial boosted their price objective on shares of Costco Wholesale from $1,000.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Wells Fargo & Company upped their target price on shares of Costco Wholesale from $900.00 to $950.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on shares of Costco Wholesale from $1,050.00 to $1,060.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Finally, Roth Mkm reissued a “sell” rating on shares of Costco Wholesale in a research note on Wednesday, February 4th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,039.13.

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.