Partners Wealth Management LLC Purchases New Position in Costco Wholesale Corporation $COST

Partners Wealth Management LLC acquired a new position in Costco Wholesale Corporation (NASDAQ:COST) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,027 shares of the retailer’s stock, valued at approximately $935,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First National Bank of Hutchinson lifted its stake in shares of Costco Wholesale by 0.9% in the 1st quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock valued at $1,094,000 after purchasing an additional 10 shares during the last quarter. Frisch Financial Group Inc. boosted its holdings in Costco Wholesale by 1.0% in the first quarter. Frisch Financial Group Inc. now owns 1,049 shares of the retailer’s stock worth $1,045,000 after purchasing an additional 10 shares in the last quarter. Main Street Group LTD increased its position in Costco Wholesale by 0.8% during the first quarter. Main Street Group LTD now owns 1,226 shares of the retailer’s stock worth $1,221,000 after buying an additional 10 shares during the last quarter. HORAN Wealth LLC increased its position in Costco Wholesale by 1.3% during the first quarter. HORAN Wealth LLC now owns 803 shares of the retailer’s stock worth $769,000 after buying an additional 10 shares during the last quarter. Finally, SHUTTLEWORTH & Co raised its holdings in Costco Wholesale by 0.4% during the first quarter. SHUTTLEWORTH & Co now owns 2,442 shares of the retailer’s stock valued at $2,433,000 after buying an additional 10 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Up 1.6%

COST stock opened at $1,012.28 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The company has a 50-day moving average of $943.31 and a two-hundred day moving average of $970.25. The stock has a market capitalization of $448.57 billion, a price-to-earnings ratio of 48.76, a price-to-earnings-growth ratio of 4.26 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The company had revenue of $95.72 billion for the quarter, compared to the consensus estimate of $94.97 billion. During the same period last year, the business posted $5.87 earnings per share. The firm’s revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Costco Wholesale Corporation will post 22.70 EPS for the current year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is 28.32%.

Insider Buying and Selling

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the transaction, the executive vice president directly owned 7,134 shares of the company’s stock, valued at $6,534,244.62. The trade was a 23.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP William Richard Wilcox sold 1,100 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total value of $1,054,031.00. Following the transaction, the executive vice president owned 3,094 shares of the company’s stock, valued at approximately $2,964,701.74. This trade represents a 26.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Store expansion supports long-term growth. Costco plans to open 13 locations by the end of 2026, potentially expanding its membership base and sales footprint. Costco opening 13 locations by end of 2026
• Positive Sentiment: Membership acquisition remains a focus. A promotional offer providing new members with a $45 gift card could help drive sign-ups ahead of the holiday shopping season, supporting recurring membership-fee revenue. Costco membership Black Friday deal
• Positive Sentiment: Analysts expect continued earnings momentum. Costco’s upcoming fiscal first-quarter 2027 report is expected to show double-digit year-over-year EPS growth. Its latest quarter also beat consensus estimates on both earnings and revenue. What to expect from Costco Wholesale’s next quarterly earnings report
• Positive Sentiment: Customer loyalty and digital engagement remain strengths. Coverage highlights near-record renewal rates, busy warehouses, a younger shopper base and growing use of Costco’s digital channels. These factors reinforce the company’s competitive advantages and long-term sales potential. The New Costco Shopper Is Under 40
• Neutral Sentiment: Healthcare partnerships could deepen member engagement. Integrations with NationsBenefits and SCAN Health Plan are expanding Costco’s role in Medicare-related spending across more than 600 U.S. warehouses, though the financial contribution is not yet clear. Medicare push and Costco investors
• Negative Sentiment: Valuation leaves little room for disappointment. Costco trades at roughly 49 times earnings, making execution and upcoming results especially important. Analysts remain positive, but the stock’s premium valuation could amplify downside if growth slows. Costco stock’s long-term competitive advantages

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on COST. Sanford C. Bernstein reduced their price target on Costco Wholesale from $1,144.00 to $1,143.00 and set an “outperform” rating for the company in a research report on Friday, September 25th. HSBC raised Costco Wholesale to a “buy” rating in a report on Friday, September 25th. Raymond James Financial cut their price objective on Costco Wholesale from $1,100.00 to $1,050.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Weiss Ratings upgraded Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Finally, Jefferies Financial Group decreased their target price on Costco Wholesale from $1,130.00 to $1,100.00 in a research report on Friday, September 25th. Twenty-five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,086.19.

Costco Wholesale Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.

Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.

The company traces its roots to Price Club, which opened in San Diego in 1976.