Lincluden Management Ltd. Buys 657 Shares of Costco Wholesale Corporation $COST

Lincluden Management Ltd. grew its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,432 shares of the retailer’s stock after purchasing an additional 657 shares during the quarter. Lincluden Management Ltd.’s holdings in Costco Wholesale were worth $5,028,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in COST. Soundwatch Capital LLC raised its position in Costco Wholesale by 635.7% during the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after acquiring an additional 2,206 shares in the last quarter. Hurley Capital LLC grew its position in shares of Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after acquiring an additional 18 shares during the period. Abich Financial Wealth Management LLC bought a new position in shares of Costco Wholesale in the 3rd quarter valued at about $34,000. Collier Financial acquired a new position in shares of Costco Wholesale during the 3rd quarter worth about $35,000. Finally, AXS Investments LLC acquired a new position in shares of Costco Wholesale during the 3rd quarter worth about $36,000. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Down 0.7%

Costco Wholesale stock opened at $1,001.74 on Tuesday. The stock has a market cap of $444.42 billion, a P/E ratio of 52.09, a P/E/G ratio of 5.10 and a beta of 1.00. 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 twelve month low of $844.06 and a twelve month high of $1,067.08. The company’s 50-day moving average price is $978.04 and its two-hundred day moving average price is $937.45.

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, topping analysts’ consensus estimates of $4.55 by $0.03. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The company had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. During the same quarter in the previous year, the company posted $4.02 earnings per share. The business’s revenue was up 9.2% on a year-over-year basis. As a group, analysts expect that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Dividend Announcement

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

Analyst Ratings Changes

COST has been the subject of several recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a $1,050.00 target price on shares of Costco Wholesale in a research note on Thursday, March 5th. Bank of America began coverage on Costco Wholesale in a research report on Friday, February 27th. They set a “buy” rating and a $1,185.00 price target on the stock. BTIG Research restated a “buy” rating and issued a $1,115.00 price objective on shares of Costco Wholesale in a research note on Thursday, March 5th. Truist Financial raised their price objective on Costco Wholesale from $926.00 to $977.00 and gave the company a “hold” rating in a research report on Friday, March 6th. Finally, Mizuho lifted their target price on Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,039.13.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This represents a 10.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Teresa A. Jones sold 850 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total value of $838,321.00. Following the transaction, the executive vice president owned 4,228 shares in the company, valued at $4,169,907.28. The trade was a 16.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 7,645 shares of company stock worth $7,049,302. 0.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: JPMorgan raised its tone on Costco following recent fiscal results and increased its price target, signaling confidence in Costco’s topline momentum and membership-driven margins — a catalyst for continued investor interest. JPMorgan Bullish on Costco Wholesale (COST) Following Fiscal Q2 Results
• Positive Sentiment: Several long-form pieces argue Costco still has durable growth and premium membership economics that could support large market-cap expansion over the next several years — a bullish narrative for buy-and-hold investors. Will Costco Wholesale Stock Join the Trillion-Dollar Club by 2030?
• Positive Sentiment: Comparisons with other defensive, wide-moat consumer names (e.g., Coca‑Cola) and lists recommending Costco as a buy-and-hold reinforce steady demand from long-term investors and support multiple expansion. Best Stock to Buy and Hold Forever: Costco vs. Coca-Cola
• Positive Sentiment: MarketBeat and others continue to flag COST as a potential stock-split candidate given its >$1,000 price — a split could broaden retail demand and improve liquidity if announced. 3 Stocks That Could Be Next to Announce a Stock Split
• Neutral Sentiment: Coverage pieces and screeners (Zacks, InsiderMonkey) have featured COST as a quality retail pick; useful for sentiment but less likely to move the stock materially by themselves. Beat the Market the Zacks Way: IPG Photonics, Celanese, Costco in Focus
• Neutral Sentiment: Small operational/product updates (e.g., online custom cake ordering) and minor portfolio moves by advisers are low-impact items that support convenience and steady sales but won’t change fundamentals. Costco now lets you order custom cakes online — here’s how it works
• Negative Sentiment: Costco issued recalls for prepared meatloaf meals over potential Salmonella contamination (multiple local health alerts and national notices). Recalls can depress short‑term foot traffic, raise remediation costs, and attract negative media — a near‑term drag on sentiment. Costco recalls prepared meatloaf meals over possible Salmonella risk
• Negative Sentiment: Competitive improvements at Sam’s Club (fixing pain points that have favored Costco) are being highlighted in the press — any persistent market-share shift or promotional aggression could pressure margins or membership momentum. Sam’s Club fixes problem that’s a major pain point at Costco

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.