Park Edge Advisors LLC trimmed its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 85.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 270 shares of the retailer’s stock after selling 1,589 shares during the period. Park Edge Advisors LLC’s holdings in Costco Wholesale were worth $269,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in Costco Wholesale in the 4th quarter valued at approximately $5,195,415,000. Corient Private Wealth LLC lifted its stake in Costco Wholesale by 838.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after purchasing an additional 5,472,968 shares in the last quarter. Cardano Risk Management B.V. lifted its stake in Costco Wholesale by 907.1% during the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock worth $1,539,346,000 after purchasing an additional 1,607,833 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Costco Wholesale by 1,586.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock worth $980,857,000 after purchasing an additional 1,070,005 shares in the last quarter. Finally, Amundi boosted its position in shares of Costco Wholesale by 45.0% during the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after buying an additional 986,182 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.
Costco Wholesale Trading Down 2.0%
NASDAQ:COST opened at $942.24 on Friday. The firm has a market cap of $417.86 billion, a PE ratio of 47.40, a price-to-earnings-growth ratio of 4.65 and a beta of 0.88. The stock has a fifty day moving average price of $996.71 and a 200 day moving average price of $970.66. 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 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17.
Costco Wholesale Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $1.47 per share. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale’s dividend payout ratio is presently 29.58%.
Insider Activity at Costco Wholesale
In related news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the sale, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Weiss Ratings cut Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. BMO Capital Markets raised their target price on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a report on Friday, March 6th. DA Davidson reaffirmed a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research report on Thursday, June 4th. Evercore set a $1,100.00 price target on shares of Costco Wholesale in a research note on Monday, March 2nd. Finally, UBS Group increased their price target on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,061.45.
Get Our Latest Research Report on Costco Wholesale
More Costco Wholesale News
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Several bullish articles highlighted Costco’s resilient membership model, strong sales growth, high renewal rates, and ongoing global expansion, reinforcing the view that the business remains fundamentally solid. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
- Positive Sentiment: Analysts and commentary pieces suggested Costco may have further upside, with some citing a path back toward $1,000 per share and broader appeal as a defensive retailer in volatile markets. Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside
- Positive Sentiment: Coverage around Costco’s cash generation raised the possibility of another special dividend later in 2026, which could be an additional catalyst for income-focused investors. Costco’s Cash Pile Is Building. Is a Special Dividend Coming in the Second Half of 2026?
- Neutral Sentiment: Costco was also mentioned in store-opening and local expansion stories, which point to continued growth but do not appear to be major immediate stock catalysts. Costco is opening 2 new locations this week. See where
- Neutral Sentiment: A director, Kenneth D. Denman, sold 885 shares in a disclosed SEC filing. The sale was relatively small versus his remaining stake, but insider selling can still weigh on sentiment. SEC filing for Kenneth D. Denman transaction
- Neutral Sentiment: Short-interest data showed no meaningful short position in the shares, so this report does not suggest a major bearish thesis.
- Negative Sentiment: Broader market commentary noted Costco’s stock has been under pressure recently despite solid fundamentals, suggesting valuation concerns and profit-taking may be limiting near-term upside. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
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.
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