13,112 Shares of Costco Wholesale Corporation $COST Purchased by NBT Bank N.A.

NBT Bank N.A. bought a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,112 shares of the retailer’s stock, valued at approximately $11,936,000.

Other institutional investors have also recently made changes to their positions in the company. Sarasin & Partners LLP raised its stake in Costco Wholesale by 6.9% during the 2nd quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer’s stock valued at $200,372,000 after buying an additional 13,795 shares during the last quarter. Nissay Asset Management Corp Japan lifted its holdings in shares of Costco Wholesale by 4.1% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer’s stock valued at $148,193,000 after buying an additional 6,200 shares during the period. Silvant Capital Management LLC purchased a new position in shares of Costco Wholesale in the 2nd quarter worth $16,013,000. Hyperion Asset Management Ltd boosted its stake in shares of Costco Wholesale by 9.0% in the 2nd 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 boosted its stake in shares of Costco Wholesale by 15.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 22,766 shares of the retailer’s stock worth $21,297,000 after buying an additional 2,974 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP William Richard Wilcox sold 1,100 shares of the business’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the transaction, the executive vice president owned 3,094 shares in the company, valued at $2,964,701.74. The trade was a 26.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 transaction of $2,015,046.00. Following the completion of the sale, the executive vice president owned 7,134 shares of the company’s stock, valued at $6,534,244.62. This trade represents a 23.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Down 1.5%

COST opened at $1,003.32 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The firm’s fifty day moving average is $937.96 and its 200 day moving average is $963.21. The stock has a market cap of $444.60 billion, a price-to-earnings ratio of 48.33, a price-to-earnings-growth ratio of 4.35 and a beta of 0.88.

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 the consensus estimate of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The company had revenue of $95.72 billion for the quarter, compared to the consensus estimate of $94.97 billion. During the same quarter last year, the company earned $5.87 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts forecast that Costco Wholesale Corporation will post 22.70 earnings per share for the current fiscal year.

Costco Wholesale Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. BTIG Research reaffirmed a “buy” rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a report on Wednesday, September 23rd. Tigress Financial increased their target price on Costco Wholesale from $1,065.00 to $1,250.00 and gave the company a “buy” rating in a report on Thursday, October 15th. Robert W. Baird set a $1,175.00 target price on Costco Wholesale in a report on Friday, September 25th. Weiss Ratings raised Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, Jefferies Financial Group cut their price target on Costco Wholesale from $1,130.00 to $1,100.00 in a research note on Friday, September 25th. Twenty-five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,086.19.

Costco Wholesale News Roundup

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

• Positive Sentiment: Analyst support remains strong. CICC initiated coverage with an Outperform rating, while Tigress Financial raised its price target to $1,250. Erste Group also increased its FY2028 EPS estimate to $25.07 from $25.01, above the current-year consensus estimate of $22.70. CICC coverage article Tigress Financial price target article
• Positive Sentiment: Growth and customer engagement remain key positives. Costco’s membership model has delivered substantial long-term shareholder returns, and the company is reportedly using purchasing data to better target high-spending members. REJURAN Cosmetics is also expanding through Costco’s first Beauty Table program, potentially adding traffic and broadening its premium beauty offering. Costco customer spending article REJURAN retail expansion article
• Neutral Sentiment: Long-term growth screens are favorable, and analysts’ average recommendation is equivalent to a Buy. However, these reports largely reiterate existing optimism rather than provide a new earnings catalyst. Zacks growth stock article
• Negative Sentiment: Valuation and competition remain concerns. Costco trades at a high earnings multiple, leaving the stock sensitive to profit-taking or disappointing growth. Kroger is planning major investments and price cuts to win back market share from Costco and Walmart, which could intensify grocery competition and pressure margins. Kroger competition article

Costco Wholesale Company Profile

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.