Costco Wholesale Corporation $COST Position Cut by SteelPeak Wealth LLC

SteelPeak Wealth LLC reduced its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 27.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,640 shares of the retailer’s stock after selling 4,755 shares during the quarter. SteelPeak Wealth LLC’s holdings in Costco Wholesale were worth $11,700,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in COST. Bulwark Capital Corp bought a new stake in shares of Costco Wholesale during the second quarter valued at about $25,000. Soundwatch Capital LLC grew its position in Costco Wholesale by 635.7% in the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock valued at $25,000 after buying an additional 2,206 shares in the last quarter. LFA Lugano Financial Advisors SA acquired a new position in Costco Wholesale during the 2nd quarter valued at about $31,000. Anderson Financial Strategies LLC raised its position in shares of Costco Wholesale by 900.0% during the 1st quarter. Anderson Financial Strategies LLC now owns 40 shares of the retailer’s stock worth $38,000 after buying an additional 36 shares in the last quarter. Finally, Financial Connections Group Inc. raised its position in shares of Costco Wholesale by 975.0% during the 2nd quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock worth $42,000 after buying an additional 39 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Insider Activity

In other Costco Wholesale news, EVP William Richard Wilcox sold 2,400 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $930.13, for a total value of $2,232,312.00. Following the completion of the transaction, the executive vice president directly owned 2,000 shares in the company, valued at $1,860,260. This trade represents a 54.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Javier Polit sold 558 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $862.89, for a total transaction of $481,492.62. Following the sale, the executive vice president owned 10,190 shares in the company, valued at $8,792,849.10. This represents a 5.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,946 shares of company stock valued at $8,175,048 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Performance

COST opened at $862.34 on Friday. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. The firm has a market cap of $382.77 billion, a PE ratio of 46.19, a P/E/G ratio of 5.17 and a beta of 1.02. The business has a fifty day simple moving average of $896.34 and a 200-day simple moving average of $935.81. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,078.23.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The company had revenue of $67.31 billion for the quarter, compared to analyst estimates of $67.03 billion. During the same period in the previous year, the firm earned $4.04 earnings per share. Costco Wholesale’s revenue for the quarter was up 8.3% compared to the same quarter last year. As a group, equities analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, October 31st were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a $5.20 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 27.85%.

Wall Street Analysts Forecast Growth

COST has been the subject of several recent analyst reports. Argus increased their price objective on shares of Costco Wholesale from $1,170.00 to $1,200.00 and gave the company a “buy” rating in a report on Monday, September 29th. The Goldman Sachs Group decreased their price target on Costco Wholesale from $1,218.00 to $1,171.00 and set a “buy” rating for the company in a research note on Friday, December 12th. Cowen reiterated a “buy” rating on shares of Costco Wholesale in a research report on Friday, December 12th. Gordon Haskett dropped their price objective on Costco Wholesale from $1,150.00 to $1,100.00 and set a “buy” rating on the stock in a research note on Monday, December 1st. Finally, Wells Fargo & Company decreased their target price on Costco Wholesale from $1,000.00 to $900.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and an average price target of $992.08.

More Costco Wholesale News

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

• Positive Sentiment: Company continuing to execute on digital and in‑store traffic strength, which supports membership revenue and resilience in a tougher consumer environment. Read More.
• Positive Sentiment: Costco is advancing real estate and growth plans — regulators/announcements show steps to open two new Ontario locations, which supports long‑term unit growth and membership expansion. Read More.
• Positive Sentiment: Analyst/market mentions (including being cited as a potential stock‑split candidate) can attract retail attention and short‑term buying interest if expectations build. Read More.
• Neutral Sentiment: Practical consumer pieces — holiday hours and store opening coverage — are visible but unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Product/new‑arrivals coverage that can help traffic but is not a driver of the stock on its own. Read More.
• Neutral Sentiment: Retrospectives highlighting strong long‑term returns remind investors of Costco’s track record but also note it currently trades at a premium — useful context, not an immediate catalyst. Read More.
• Negative Sentiment: Significant insider selling: EVP Javier Polit sold multiple blocks of shares (~2,600 shares across late‑December filings), which has been reported in SEC filings and media — such sales can pressure sentiment because they are often read as executives taking gains. Read More.
• Negative Sentiment: Valuation remains elevated (P/E ≈ 46) relative to expected slower near‑term earnings growth; this limits upside and makes the stock sensitive to any growth miss. Read More.
• Negative Sentiment: Isolated supply‑chain/shrink incidents (reported cargo/theft losses tied to product destined for Costco) are small but a reminder of operational risks that can incrementally pressure margins or investor sentiment. Read More.

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.