Rhodes Investment Advisors Inc. ADV Buys 536 Shares of Costco Wholesale Corporation $COST

Rhodes Investment Advisors Inc. ADV lifted its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 34.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,097 shares of the retailer’s stock after purchasing an additional 536 shares during the period. Costco Wholesale comprises 1.3% of Rhodes Investment Advisors Inc. ADV’s investment portfolio, making the stock its 26th biggest position. Rhodes Investment Advisors Inc. ADV’s holdings in Costco Wholesale were worth $1,909,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Sarasin & Partners LLP lifted its stake in shares of 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 buying an additional 13,795 shares in the last quarter. Perryman Financial Advisory Inc. AD purchased a new stake in Costco Wholesale during the 4th quarter valued at about $9,300,000. Nissay Asset Management Corp Japan grew its stake in 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 acquiring an additional 6,200 shares in the last quarter. Hyperion Asset Management Ltd raised its holdings in Costco Wholesale by 9.0% in the 2nd quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer’s stock valued at $64,325,000 after acquiring an additional 5,656 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in 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 purchasing an additional 2,974 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Up 0.7%

Shares of Costco Wholesale stock traded up $6.57 during trading hours on Wednesday, reaching $942.25. 1,770,350 shares of the company were exchanged, compared to its average volume of 2,195,973. The firm has a market cap of $417.87 billion, a PE ratio of 45.39, a PEG ratio of 3.95 and a beta of 0.88. 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 1 year low of $844.06 and a 1 year high of $1,096.50. The stock’s fifty day moving average is $930.95 and its 200 day moving average is $963.67.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping the consensus estimate of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The company had revenue of $95.72 billion during the quarter, compared to analysts’ expectations of $94.97 billion. During the same quarter in the previous year, the business posted $5.87 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. As a group, equities research analysts forecast that Costco Wholesale Corporation will post 22.86 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on COST. Wells Fargo & Company cut their price target on Costco Wholesale from $1,000.00 to $950.00 and set an “equal weight” rating for the company in a report on Friday, September 25th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Costco Wholesale in a research note on Friday, September 25th. Weiss Ratings lowered Costco Wholesale from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 2nd. Bank of America dropped their price objective on shares of Costco Wholesale from $1,200.00 to $1,095.00 and set a “buy” rating for the company in a report on Wednesday, September 16th. Finally, Citigroup began coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 target price on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,046.27.

Insider Activity

In other news, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale 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 sale, the executive vice president owned 7,134 shares in the company, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco reported $30.02 billion in September net sales, up 13.0% year over year. Comparable sales increased 11.4% companywide, including 12.5% in the U.S., 6.3% in Canada and 10.8% in other international markets. The broad-based performance suggests resilient consumer demand and is likely the primary catalyst for investor interest. Costco September Sales Results
• Positive Sentiment: Analysts and financial commentators continue to highlight Costco’s membership model, with fiscal 2026 ending at 84.1 million paid members and a 92.3% U.S. and Canada renewal rate. Costco’s digital sales also reportedly exceeded $33 billion, supported by delivery improvements, personalization and AI-powered search. These trends reinforce the company’s recurring-revenue and customer-loyalty advantages. Costco Membership and Moat Analysis
• Neutral Sentiment: Costco’s stock has traded well below its record high despite continued revenue, profit and membership growth. However, its valuation remains demanding, with a trailing price-to-earnings ratio near 45, leaving shares sensitive to any slowdown in sales or margins. Tariffs and merchandise-cost pressure are cited as key factors investors are monitoring. Costco Long-Term Stock Outlook
• Negative Sentiment: A shopper filed a lawsuit challenging the “sugar-free” labeling of a popular Kirkland drink mix. The financial impact is currently unclear, but product-labeling litigation could create legal costs and reputational risk if similar claims expand. Kirkland Drink Mix Lawsuit

About Costco Wholesale

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.

Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.