Jain Global LLC Invests $16.28 Million in Costco Wholesale Corporation $COST

Jain Global LLC acquired a new stake in Costco Wholesale Corporation (NASDAQ:COST) during the third quarter, Holdings Channel reports. The fund acquired 17,584 shares of the retailer’s stock, valued at approximately $16,276,000.

Several other hedge funds also recently added to or reduced their stakes in COST. Brighton Jones LLC boosted its stake in Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after buying an additional 2,172 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after acquiring an additional 130 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Costco Wholesale by 4.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock worth $3,814,000 after acquiring an additional 165 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of Costco Wholesale by 1.1% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock worth $2,089,000 after acquiring an additional 23 shares during the last quarter. Finally, United Bank boosted its position in shares of Costco Wholesale by 4.2% during the 2nd quarter. United Bank now owns 5,846 shares of the retailer’s stock worth $5,787,000 after purchasing an additional 235 shares during the period. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the transaction, 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. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Javier Polit sold 2,049 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $867.21, for a total value 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 represents a 16.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,645 shares of company stock worth $7,049,302 over the last three months. Company insiders own 0.10% of the company’s stock.

Key Costco Wholesale News

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

• Positive Sentiment: JPMorgan reiterated bullish views and raised its post-quarter outlook/price guidance following Costco’s fiscal Q2 results, reinforcing analyst support for the stock. JPMorgan Bullish on Costco Wholesale (COST) Following Fiscal Q2 Results
• Positive Sentiment: Costco is opening six new U.S. locations in March–April, supporting longer-term revenue and member growth from incremental store capacity. Costco is opening 6 new stores in March & April: Here’s where they are
• Positive Sentiment: Costco expanded member services with online custom cake ordering — a small revenue/engagement lift but a visible consumer-facing improvement. Costco now lets you order custom cakes online — here’s how it works
• Neutral Sentiment: MarketBeat included COST among names that could announce a stock split — a psychological positive if pursued, but speculative until the company acts. 3 Stocks That Could Be Next to Announce a Stock Split
• Neutral Sentiment: Retail-focused writeups (The Motley Fool / other outlets) continue to list Costco among long-term retail/warehouse winners — supportive for buy-and-hold sentiment but not an immediate catalyst. The Best 4 Retail Stocks to Buy and Hold for Decades
• Neutral Sentiment: Small institutional activity: Allium Financial Advisors disclosed a modest sale of 863 shares — not material to fundamentals but worth noting for ownership flows. Allium Financial Advisors LLC Sells 863 Shares of Costco Wholesale Corporation $COST
• Negative Sentiment: Costco recalled prepared meatloaf meals sold in Hawaii over a possible Salmonella contamination — an operational and reputational risk that can dent local sales, invite regulatory scrutiny, and prompt extra product and labor costs. This recall is the primary near‑term negative driving sentiment. Costco recalls prepared meatloaf meals over possible Salmonella risk
• Negative Sentiment: Competitive pressure: Sam’s Club reportedly fixed an issue that had been a “major pain point” for Costco shoppers — a reminder that rivals can erode share if Costco’s in-store experience lags. Sam’s Club fixes problem that’s a major pain point at Costco
• Negative Sentiment: Cost pressures: Management flagged that Middle East tensions could lift costs (fuel, freight), which would pressure margins if inflation passes through to COGS. Costco warns Middle East tensions could hit costs

Costco Wholesale Price Performance

Costco Wholesale stock opened at $1,008.43 on Monday. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,067.08. The firm has a market cap of $447.39 billion, a PE ratio of 52.44, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00. The company’s 50 day moving average is $975.52 and its two-hundred day moving average is $937.05.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, topping the consensus estimate of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The business had revenue of $69.60 billion during the quarter, compared to the consensus estimate of $68.96 billion. During the same quarter in the previous year, the firm posted $4.02 earnings per share. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, research analysts expect that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

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

Wall Street Analysts Forecast Growth

COST has been the subject of several research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,155.00 target price on shares of Costco Wholesale in a report on Monday, February 9th. Truist Financial raised their price target on Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a research report on Friday, March 6th. UBS Group set a $1,175.00 price objective on Costco Wholesale in a research note on Friday, March 6th. Rothschild & Co Redburn boosted their price objective on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Finally, Robert W. Baird set a $1,100.00 target price on Costco Wholesale in a research note on Thursday, February 5th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,039.13.

Costco Wholesale 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.