917 Costco Wholesale Corporation $COST Shares Acquired by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management raised its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 14.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,098 shares of the retailer’s stock after buying an additional 917 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Costco Wholesale were worth $6,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in COST. Sarasin & Partners LLP boosted its holdings in shares of Costco Wholesale by 6.9% in the 2nd quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer’s stock worth $200,372,000 after buying an additional 13,795 shares during the last quarter. Silvant Capital Management LLC purchased a new stake in Costco Wholesale during the second quarter worth about $16,013,000. Nissay Asset Management Corp Japan increased its holdings in Costco Wholesale by 4.1% during the second quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer’s stock worth $148,193,000 after buying an additional 6,200 shares during the last quarter. Hyperion Asset Management Ltd increased its holdings in Costco Wholesale by 9.0% during the second quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer’s stock worth $64,325,000 after buying an additional 5,656 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in Costco Wholesale by 15.0% in the second quarter. Concurrent Investment Advisors LLC now owns 22,766 shares of the retailer’s stock worth $21,297,000 after acquiring an additional 2,974 shares during the period. 68.48% of the stock is owned by institutional investors.

Insider Buying and Selling at Costco Wholesale

In related news, EVP William Richard Wilcox sold 1,100 shares of the stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the sale, the executive vice president owned 3,094 shares of the company’s stock, valued at approximately $2,964,701.74. This represents a 26.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Claudine Adamo sold 2,200 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 7,134 shares of the company’s stock, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on COST shares. Freedom Broker dropped their target price on shares of Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating on the stock in a research note on Friday, September 25th. TD Cowen began coverage on shares of Costco Wholesale in a research note on Friday. They set a “strong-buy” rating for the company. Truist Financial lowered their price target on shares of Costco Wholesale from $1,011.00 to $955.00 and set a “hold” rating on the stock in a report on Friday, September 25th. DA Davidson increased their price objective on Costco Wholesale from $1,000.00 to $1,040.00 and gave the company a “neutral” rating in a report on Friday, September 25th. Finally, Argus reissued a “buy” rating and issued a $1,230.00 target price on shares of Costco Wholesale in a research report on Monday, September 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,086.19.

Costco Wholesale Stock Up 2.8%

COST opened at $1,040.55 on Tuesday. The company has a 50 day moving average of $945.16 and a 200 day moving average of $970.75. The company has a market cap of $461.10 billion, a PE ratio of 50.12, a price-to-earnings-growth ratio of 4.20 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 current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.21. The business had revenue of $95.72 billion for the quarter, compared to analysts’ expectations of $94.97 billion. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.87 EPS. On average, sell-side analysts expect that Costco Wholesale Corporation will post 22.70 EPS for the current year.

Costco Wholesale Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a $1.47 dividend. The ex-dividend date is Friday, October 30th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is 28.32%.

More Costco Wholesale News

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

• Positive Sentiment: Costco received approval to build a warehouse at Seacoast Landing in Newington, New Hampshire, with an opening targeted for 2027. The new location should expand Costco’s store base and provide a long-term source of membership and sales growth. Costco gets approval to build at Seacoast Landing
• Positive Sentiment: Expansion through DoorDash and Uber Eats could generate incremental sales, attract younger shoppers and strengthen Costco’s digital presence without materially reducing warehouse traffic. Costco DoorDash and Uber Eats expansion
• Positive Sentiment: Costco and Walmart are gaining grocery market share as consumers increasingly seek value amid higher household costs. This reinforces Costco’s competitive positioning and could support comparable sales and membership retention. Walmart and Costco gaining grocery market share
• Neutral Sentiment: Costco is scheduled to pay its final quarterly dividend of 2026 on November 13, providing a predictable shareholder return but adding little new information about the company’s growth outlook. Costco dividend payment
• Neutral Sentiment: Costco and other companies objected to OKXICE’s proposed tokenized-stock trading platform. The move protects the company’s branding and shareholder rights but is unlikely to affect near-term earnings. Companies oppose OKXICE tokenized stocks plan
• Neutral Sentiment: Articles discussing a possible stock split emphasize that Costco has rarely split its shares and may not do so in 2027. A split would not change underlying value, while the stock’s high valuation leaves less room for execution disappointments. Costco stock split outlook
• Negative Sentiment: Exchange-traded funds were net sellers of approximately $75.6 million of COST shares on October 29, indicating some institutional profit-taking and creating modest short-term selling pressure. ETFs are net sellers of Costco

About Costco Wholesale

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.