Slow Capital Inc. reduced its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,047 shares of the retailer’s stock after selling 762 shares during the period. Costco Wholesale makes up 1.8% of Slow Capital Inc.’s portfolio, making the stock its 15th largest holding. Slow Capital Inc.’s holdings in Costco Wholesale were worth $16,429,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of COST. Sarasin & Partners LLP increased its position in Costco Wholesale by 6.9% in the second quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer’s stock worth $200,372,000 after purchasing an additional 13,795 shares during the last quarter. Silvant Capital Management LLC bought a new position in Costco Wholesale during the second quarter valued at $16,013,000. Nissay Asset Management Corp Japan lifted its position in Costco Wholesale by 4.1% during the second quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer’s stock valued at $148,193,000 after purchasing an additional 6,200 shares during the last quarter. Hyperion Asset Management Ltd lifted its position in Costco Wholesale by 9.0% during the second quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer’s stock valued at $64,325,000 after purchasing an additional 5,656 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew 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 in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Costco Wholesale Stock Up 0.2%
Shares of COST opened at $1,005.16 on Tuesday. The firm has a market capitalization of $445.42 billion, a P/E ratio of 48.42, a P/E/G ratio of 4.29 and a beta of 0.88. The firm has a fifty day moving average price of $938.87 and a 200-day moving average price of $968.09. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The firm had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. During the same quarter in the previous year, the business earned $5.87 earnings per share. Costco Wholesale’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that Costco Wholesale Corporation will post 22.70 earnings per share for the current year.
Costco Wholesale Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is 28.32%.
Insiders Place Their Bets
In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the company’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the completion of the sale, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William Richard Wilcox sold 1,100 shares of the company’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total value of $1,054,031.00. Following the completion of the sale, the executive vice president owned 3,094 shares of the company’s stock, valued at $2,964,701.74. This represents a 26.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.
Trending Headlines about Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: AI-driven shopping could support e-commerce growth. Costco is seeing triple-digit increases in traffic and sales originating from AI-powered search, with strong conversion rates. Although the channel remains small, broader adoption could provide a new source of online customer acquisition. Costco’s AI Search Traffic Soars: Can It Fuel Online Sales?
- Positive Sentiment: Health-services expansion may improve member retention. New pharmacy and health offerings, including expanded GLP-1 and fertility-related options and mobile payment capabilities, could make memberships more valuable and encourage renewals. Costco expands a key health offering
- Positive Sentiment: Warehouse growth remains a long-term sales catalyst. Costco is preparing to open a 152,000-square-foot location after delays and reportedly plans 33 new warehouses in 2027, supporting future membership and revenue growth. Costco is finally opening a massive warehouse Costco is opening 33 new warehouses in 2027
- Neutral Sentiment: Short-interest data provides no meaningful bearish signal. The report lists zero shares sold short and a zero-day short-interest ratio, suggesting limited measurable short-selling pressure, although the data appears inconsistent with the description of a “significant increase.”
- Negative Sentiment: Valuation remains the primary risk. An investor analysis argues that COST is overvalued despite its durable business model and strong long-term performance. At its elevated earnings multiple, the stock may require continued strong growth to justify further gains. Costco valuation and 10-year outlook
Wall Street Analysts Forecast Growth
COST has been the topic of a number of research reports. Robert W. Baird set a $1,175.00 target price on shares of Costco Wholesale in a report on Friday, September 25th. Tigress Financial increased their price target on shares of Costco Wholesale from $1,065.00 to $1,250.00 and gave the company a “buy” rating in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Costco Wholesale from $1,091.00 to $1,079.00 and set a “buy” rating for the company in a report on Monday, September 28th. Argus reiterated a “buy” rating and issued a $1,230.00 price target on shares of Costco Wholesale in a research report on Monday, September 28th. Finally, HSBC raised Costco Wholesale to a “buy” rating in a research note on Friday, September 25th. Twenty-five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,086.19.
Read Our Latest Analysis on COST
Costco Wholesale 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.
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