KG&L Capital Management LLC Boosts Position in Costco Wholesale Corporation $COST

KG&L Capital Management LLC boosted its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 282.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,266 shares of the retailer’s stock after purchasing an additional 1,674 shares during the quarter. KG&L Capital Management LLC’s holdings in Costco Wholesale were worth $1,954,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Amundi raised its holdings in Costco Wholesale by 45.0% in the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock valued at $2,893,697,000 after buying an additional 986,182 shares during the period. Fisher Asset Management LLC raised its stake in shares of Costco Wholesale by 1.1% during the third quarter. Fisher Asset Management LLC now owns 3,145,241 shares of the retailer’s stock valued at $2,911,331,000 after purchasing an additional 34,826 shares during the period. American Century Companies Inc. raised its stake in shares of Costco Wholesale by 8.5% during the third quarter. American Century Companies Inc. now owns 1,619,703 shares of the retailer’s stock valued at $1,499,246,000 after purchasing an additional 127,495 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Costco Wholesale by 0.7% during the second quarter. Ameriprise Financial Inc. now owns 1,555,661 shares of the retailer’s stock valued at $1,544,040,000 after purchasing an additional 10,703 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Costco Wholesale by 0.7% during the third quarter. Principal Financial Group Inc. now owns 1,210,837 shares of the retailer’s stock valued at $1,120,787,000 after purchasing an additional 8,259 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on COST. Gordon Haskett lifted their price objective on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Costco Wholesale from $1,103.00 to $1,104.00 and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price objective on shares of Costco Wholesale from $1,050.00 to $1,060.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Rothschild & Co Redburn lifted their price objective on shares of Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Finally, Northcoast Research set a $1,100.00 price objective on shares of Costco Wholesale and gave the company a “buy” rating in a research note on Wednesday, December 24th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Costco Wholesale has a consensus rating of “Moderate Buy” and an average target price of $1,043.13.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: March sales beat and traffic strength — Costco reported March net sales up ~11.3% to $28.41B with strong comps and digital growth, reinforcing momentum in membership, transactions and fuel-driven traffic. This is the main fundamental bullish catalyst supporting higher estimates for revenue and same-store sales. Article Title
• Positive Sentiment: Broker upgrades / price-target raises — Deutsche Bank, Telsey and Wells Fargo raised price targets (Deutsche to $1,104; Telsey to $1,135; Wells Fargo to $1,000), providing analyst support that can underpin upside in the shares. Article Title
• Positive Sentiment: High-profile media/catalyst mentions — Jim Cramer highlighted two operational catalysts (e.g., fuel pricing and other retailer advantages), and viral consumer interest in Costco’s one-ounce gold bars and popular product finds is boosting brand visibility and short-term revenue upside. Article Title
• Neutral Sentiment: DA Davidson reiterates Neutral at $1,000 — the firm reaffirmed a neutral view with a target essentially in line with the stock’s level, suggesting limited near-term upside from that shop. Article Title
• Neutral Sentiment: Media and retail write-ups continue to praise Costco’s long-term thesis — several outlets (The Motley Fool, Zacks, Yahoo lifestyle pieces) published favorable takes on Costco’s moat and product wins; these support sentiment but are longer‑term confirmation rather than immediate catalysts. Article Title
• Neutral Sentiment: Short-interest data shows no meaningful build — reported short interest was effectively zero in the latest snapshot, so short-covering or squeeze dynamics are not a near-term driver. (likely data/formatting artifact)
• Negative Sentiment: Valuation concerns — several analysts and commentary (e.g., Seeking Alpha, some sell-side notes) argue Costco’s premium multiple (~50x) is hard to justify, which can cap upside and prompt profit-taking after the sales beat. Article Title
• Negative Sentiment: Macro / headline-driven risk — broader market weakness (S&P futures reacting to geopolitical headlines) likely weighed on retail and large-cap retailers today and may have triggered sector-wide selling pressure that offset Costco’s positive sales print. Article Title

Costco Wholesale Stock Down 3.3%

COST stock opened at $998.47 on Friday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,067.08. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $442.97 billion, a P/E ratio of 51.92, a PEG ratio of 4.93 and a beta of 0.99. The firm has a 50 day simple moving average of $995.50 and a 200-day simple moving average of $942.88.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the company earned $4.02 earnings per share. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities research analysts predict that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

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

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Teresa A. Jones sold 850 shares of Costco Wholesale stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $986.26, for a total value of $838,321.00. Following the completion of the transaction, the executive vice president owned 4,228 shares of the company’s stock, valued at $4,169,907.28. The trade was a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the transaction, the executive vice president directly owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,538 shares of company stock worth $3,416,416 over the last three months. 0.10% of the stock is owned by corporate insiders.

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.