Costco Wholesale Corporation $COST Stock Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 26.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 163,032 shares of the retailer’s stock after purchasing an additional 33,766 shares during the period. Costco Wholesale comprises about 1.1% of Mn Services Vermogensbeheer B.V.’s investment portfolio, making the stock its 18th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Costco Wholesale were worth $148,415,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Costco Wholesale during the 4th quarter valued at $27,000. Lifetime Wealth Management P.C. bought a new stake in Costco Wholesale in the fourth quarter valued at $28,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Costco Wholesale during the second quarter valued at about $28,000. Burk Holdings LLC purchased a new stake in Costco Wholesale in the second quarter worth about $30,000. Finally, Manning & Napier Advisors LLC bought a new position in Costco Wholesale during the 2nd quarter valued at approximately $30,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on COST. BMO Capital Markets reiterated an “outperform” rating on shares of Costco Wholesale in a research note on Friday, September 25th. Roth Capital reiterated a “sell” rating and set a $781.00 target price on shares of Costco Wholesale in a research report on Friday, September 25th. Deutsche Bank Aktiengesellschaft dropped 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 research report on Monday, September 28th. Freedom Broker decreased their target price on Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating on the stock in a research note on Friday, September 25th. Finally, Mizuho decreased their price target on shares of Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Twenty-two analysts have rated the stock with a Buy rating, ten 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 has a consensus rating of “Moderate Buy” and a consensus target price of $1,046.27.

Key Costco Wholesale News

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

• Positive Sentiment: Strong customer traffic and transaction growth supported broad-based comparable-sales gains. U.S. comparable sales increased 12.5%, Canada rose 6.3%, and other international markets gained 10.8%, offering evidence that Costco’s membership model continues to attract shoppers. Costco sales rise in September as strong traffic drives start to fiscal 2027
• Positive Sentiment: Digital sales grew approximately 19%, adding another growth channel and strengthening expectations for a solid start to fiscal 2027. The report also supports the view that Costco’s international operations remain an important contributor to future revenue growth. Costco’s September Sales Rise 13% on Strong Comps, Digital Growth
• Neutral Sentiment: Investors are paying a premium for this consistency: COST trades at roughly 45 times trailing earnings. The valuation reflects expectations for years of continued growth, leaving the stock particularly sensitive to any slowdown in traffic, memberships, or margins. What Are Costco Investors Betting On?
• Negative Sentiment: Some of the headline sales strength came from higher gasoline prices and other potentially lower-margin or one-time effects. Analysts therefore caution that the underlying 7.6% increase, while healthy, is less dramatic than the 13% reported-sales gain. Costco’s Sales Rebound in September Looks Great on Paper. Why There’s More to the Story.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $947.92 on Friday. 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. The firm has a market cap of $420.38 billion, a P/E ratio of 45.66, a P/E/G ratio of 4.03 and a beta of 0.88. The stock’s fifty day moving average price is $930.81 and its 200-day moving average price is $963.49.

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

Insider Buying and Selling

In other news, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the sale, the executive vice president owned 7,134 shares in the company, valued at $6,534,244.62. This represents a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

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.