Modern Wealth Management LLC Acquires 3,471 Shares of Costco Wholesale Corporation $COST

Modern Wealth Management LLC lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 40.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,008 shares of the retailer’s stock after purchasing an additional 3,471 shares during the period. Modern Wealth Management LLC’s holdings in Costco Wholesale were worth $11,116,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in COST. Soundwatch Capital LLC grew its stake in shares of Costco Wholesale by 635.7% during the second 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 during the last quarter. LFA Lugano Financial Advisors SA bought a new stake in shares of Costco Wholesale in the 2nd quarter valued at about $31,000. Hurley Capital LLC boosted its holdings in Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after acquiring an additional 18 shares during the period. Abich Financial Wealth Management LLC bought a new position in Costco Wholesale during the 3rd quarter worth approximately $34,000. Finally, Collier Financial bought a new position in Costco Wholesale during the 3rd quarter worth approximately $35,000. 68.48% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Costco Wholesale news, Director Susan L. Decker sold 458 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $955.00, for a total transaction of $437,390.00. Following the completion of the transaction, the director owned 8,532 shares of the company’s stock, valued at approximately $8,148,060. This trade represents a 5.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Teresa A. Jones sold 850 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 4,228 shares in the company, valued at $4,169,907.28. This represents a 16.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 6,915 shares of company stock valued at $6,317,097 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Key Costco Wholesale News

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

• Positive Sentiment: Q2 double?beat — Costco reported revenue of ~$69.6B and GAAP EPS of $4.58, with comp?store strength and membership fee growth that underpin near?term sales momentum. This is the main catalyst supporting the rally. Costco Wholesale beats quarterly comparable sales estimates
• Positive Sentiment: Analyst upgrades and higher price targets — several brokers (notably a large Street high by BMO cited in coverage) raised targets and reiterated outperform/overweight views, adding upward pressure. Costco Stock Scores New Street?High Price Target
• Positive Sentiment: Capital returns & balance?sheet strength — commentary and notes on buybacks, a rising cash pile and the “special dividend” thesis are attracting income/return?focused investors and support further upside. Costco Wholesale: Buy Now, Get Paid Later as Cash and Returns Build
• Positive Sentiment: Digital and membership momentum — online sales growth (~22.6%) and rising membership income are cited on the call as durable drivers of mix and margins, supporting investor confidence. Costco Digital Innovations Fuel 22.6% Online Growth
• Neutral Sentiment: Mixed analyst moves — while many raised targets, a few (e.g., Goldman) trimmed targets even as they kept buy calls; that creates a mix of conviction levels among institutional holders. Goldman Sachs adjusts price target on Costco
• Neutral Sentiment: Muted market reaction — despite the beat, some headlines note a tepid price move (and some pre?market weakness) as investors weigh valuation metrics versus growth. That can lead to intraday volatility. Costco Stock Exhibits Muted Reaction Amid Double?Beat Earnings Report
• Negative Sentiment: Valuation concerns and “red flags” narrative — some outlets argue the stock is expensive (high P/E, PEG) and list risks that could cap upside; those narratives are pressuring more value?sensitive investors. Is Costco Too Expensive? 3 Red Flags That Could Send Shares Sliding

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. The Goldman Sachs Group dropped their price objective on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating for the company in a research note on Friday. Oppenheimer upped their price target on shares of Costco Wholesale from $1,050.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research report on Monday, December 22nd. Northcoast Research set a $1,100.00 price objective on shares of Costco Wholesale and gave the company a “buy” rating in a research report on Wednesday, December 24th. Finally, Gordon Haskett upped their price objective on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. Twenty-two research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,035.35.

Costco Wholesale Stock Up 1.6%

Shares of NASDAQ COST opened at $998.10 on Friday. The firm has a fifty day simple moving average of $961.64 and a two-hundred day simple moving average of $936.05. 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 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $443.03 billion, a PE ratio of 51.90, a price-to-earnings-growth ratio of 4.70 and a beta of 1.01.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, beating the consensus estimate of $4.55 by $0.03. Costco Wholesale had a return on equity of 29.37% and a net margin of 2.99%.The business had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. During the same period in the previous year, the firm posted $4.02 EPS. The business’s revenue was up 9.2% on a year-over-year basis. Equities analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a $1.30 dividend. The ex-dividend date was Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s dividend payout ratio is 27.85%.

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.