Costco Wholesale Corporation $COST Shares Acquired by Glenview Trust Co

Glenview Trust Co grew its position in Costco Wholesale Corporation (NASDAQ:COST) by 11.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,425 shares of the retailer’s stock after acquiring an additional 1,298 shares during the quarter. Glenview Trust Co’s holdings in Costco Wholesale were worth $11,501,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Peterson Wealth Services boosted its stake in Costco Wholesale by 0.5% during the 2nd quarter. Peterson Wealth Services now owns 13,616 shares of the retailer’s stock worth $13,479,000 after purchasing an additional 72 shares during the period. Silver Oak Securities Incorporated raised its holdings in shares of Costco Wholesale by 49.3% in the third quarter. Silver Oak Securities Incorporated now owns 3,780 shares of the retailer’s stock valued at $3,499,000 after buying an additional 1,248 shares during the last quarter. Permanent Capital Management LP acquired a new stake in shares of Costco Wholesale during the third quarter worth about $874,000. Wealthspire Advisors LLC grew its holdings in shares of Costco Wholesale by 2.0% during the second quarter. Wealthspire Advisors LLC now owns 15,799 shares of the retailer’s stock worth $15,640,000 after buying an additional 312 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Costco Wholesale by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 43,356,271 shares of the retailer’s stock valued at $42,920,107,000 after acquiring an additional 711,560 shares during the period. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Key Costco Wholesale News

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

Analysts Set New Price Targets

Several research analysts have weighed in on COST shares. Daiwa Securities Group lowered their target price on Costco Wholesale from $947.00 to $917.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 16th. Gordon Haskett lifted their price objective on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft set a $1,044.00 price objective on shares of Costco Wholesale in a research report on Thursday, January 8th. Hovde Group assumed coverage on shares of Costco Wholesale in a research note on Tuesday, November 18th. They set a “market perform” rating and a $16.00 price target on the stock. Finally, Mizuho increased their price target on shares of Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,009.00.

Costco Wholesale Stock Up 2.0%

Shares of NASDAQ COST opened at $1,018.48 on Tuesday. The stock has a market capitalization of $452.07 billion, a price-to-earnings ratio of 54.55, a price-to-earnings-growth ratio of 5.37 and a beta of 1.01. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,077.49. The firm has a 50-day moving average price of $925.57 and a 200 day moving average price of $933.10. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. The company had revenue of $67.31 billion during the quarter, compared to analysts’ expectations of $67.03 billion. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $4.04 earnings per share. Equities research analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS 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 issued 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 27.85%.

Insiders Place Their Bets

In other news, Director Susan L. Decker sold 458 shares of Costco Wholesale stock in a transaction on Friday, January 16th. The stock was sold at an average price of $955.00, for a total transaction of $437,390.00. Following the completion of the transaction, the director owned 8,532 shares of the company’s stock, valued at $8,148,060. The trade was a 5.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Teresa A. Jones sold 850 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the sale, the executive vice president owned 4,228 shares in the company, valued at $4,169,907.28. This represents a 16.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 6,915 shares of company stock valued at $6,317,097. Company insiders own 0.10% of the company’s stock.

About Costco Wholesale

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.