Costco Wholesale Corporation $COST is Steginsky Capital LLC’s 2nd Largest Position

Steginsky Capital LLC lessened its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 125,253 shares of the retailer’s stock after selling 4,802 shares during the period. Costco Wholesale comprises approximately 21.3% of Steginsky Capital LLC’s holdings, making the stock its 2nd biggest position. Steginsky Capital LLC’s holdings in Costco Wholesale were worth $115,938,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hurley Capital LLC raised its position in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after acquiring an additional 18 shares during the period. Abich Financial Wealth Management LLC purchased a new position in shares of Costco Wholesale during the 3rd quarter worth $34,000. Collier Financial bought a new stake in shares of Costco Wholesale during the 3rd quarter valued at $35,000. AXS Investments LLC bought a new stake in shares of Costco Wholesale during the 3rd quarter valued at $36,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Costco Wholesale in the 3rd quarter worth $40,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Insider Transactions at Costco Wholesale

In other news, EVP Teresa A. Jones sold 850 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the transaction, the executive vice president directly owned 4,228 shares in the company, valued at approximately $4,169,907.28. This represents a 16.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Claudine Adamo sold 730 shares of the business’s 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 sale, the executive vice president owned 6,121 shares in the company, valued at $6,139,485.42. This represents a 10.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 7,645 shares of company stock valued at $7,049,302. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

COST has been the topic of several analyst reports. The Goldman Sachs Group lowered their target price on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, December 22nd. BMO Capital Markets raised their price objective on Costco Wholesale from $1,175.00 to $1,315.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Robert W. Baird set a $1,100.00 price objective on Costco Wholesale in a research report on Thursday, February 5th. Finally, Daiwa Securities Group increased their target price on shares of Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a report on Tuesday. Twenty-two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,039.13.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Q1/FQ2 results showed continued momentum: management cited new warehouse openings, digital improvements and targeted price cuts on essentials that drove traffic; the quarter beat revenue and EPS expectations. 5 Insightful Analyst Questions From Costco’s Q1 Earnings Call
• Positive Sentiment: Company posted strong FQ2 sales and net income growth (sales +9.1%, EPS beat), supporting the view that membership income and traffic remain healthy. Costco (COST) Reports $68.24B FQ2 Sales and $2.03B Net Income
• Positive Sentiment: Analyst support: BTIG raised its price target and kept a Buy rating after the earnings beat, reinforcing upside thesis tied to membership economics. BTIG Raises Costco (COST) Target
• Positive Sentiment: Operational tailwinds: new store openings and local demand (e.g., $62M Liberty Hill store, Port St. Lucie land purchase) plus expanded in-warehouse experiences and viral merchandise drops (Off‑White hoodies) that boost traffic and basket size. Booming Central Texas city, Liberty Hill, welcomes its first $62M Costco
• Neutral Sentiment: Daiwa raised its price target modestly to $975 but kept a neutral rating — a mixed signal (higher target but no upgrade to Buy). Daiwa Securities Adjusts Price Target on Costco
• Neutral Sentiment: Insider activity: an EVP sold ~730 shares (disclosed SEC Form 4) — notable but small relative to total float and typical for routine sales. SEC Form 4 filing
• Negative Sentiment: Legal risk: multiple proposed nationwide class-action suits seek customer refunds tied to Trump-era import tariffs after the Supreme Court ruled those tariffs unlawful — plaintiffs want retailers to pass any government refunds to customers. This is the primary near-term headline risk that could drive volatility or potential future liability/settlements. Costco customers sue for share of refunds from Trump tariffs (Reuters)
• Negative Sentiment: Operational risks: rising gas prices and supply-chain cost pressure could compress margins if Costco needs to absorb higher logistics costs to keep prices low for members. Could the Sudden Jump In Gas Prices Hurt Costco’s Stock?

Costco Wholesale Stock Performance

NASDAQ:COST opened at $992.15 on Thursday. The stock has a 50-day moving average price of $969.62 and a 200 day moving average price of $936.24. The stock has a market capitalization of $440.39 billion, a P/E ratio of 51.59, a P/E/G ratio of 5.04 and a beta of 1.01. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-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.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, topping the consensus estimate of $4.55 by $0.03. The business had revenue of $69.60 billion during the quarter, compared to the consensus estimate of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.02 EPS. Equities research analysts forecast that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently disclosed 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 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%.

About Costco Wholesale

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.