Pinnacle Financial Partners Inc Sells 4,953 Shares of Costco Wholesale Corporation $COST

Pinnacle Financial Partners Inc cut its position in Costco Wholesale Corporation (NASDAQ:COST) by 10.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 40,478 shares of the retailer’s stock after selling 4,953 shares during the quarter. Costco Wholesale accounts for 0.9% of Pinnacle Financial Partners Inc’s investment portfolio, making the stock its 23rd largest holding. Pinnacle Financial Partners Inc’s holdings in Costco Wholesale were worth $37,468,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Blodgett Wealth Advisors LLC boosted its holdings in shares of Costco Wholesale by 10.6% in the 3rd quarter. Blodgett Wealth Advisors LLC now owns 4,683 shares of the retailer’s stock worth $4,335,000 after acquiring an additional 447 shares in the last quarter. Gould Asset Management LLC CA raised its position in Costco Wholesale by 14.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 2,051 shares of the retailer’s stock valued at $1,898,000 after purchasing an additional 253 shares during the last quarter. ASR Vermogensbeheer N.V. raised its position in Costco Wholesale by 1.7% in the 3rd quarter. ASR Vermogensbeheer N.V. now owns 93,197 shares of the retailer’s stock valued at $86,265,000 after purchasing an additional 1,539 shares during the last quarter. Great Point Wealth Advisors LLC acquired a new position in Costco Wholesale in the third quarter worth $287,000. Finally, Figure 8 Investment Strategies LLC grew its holdings in shares of Costco Wholesale by 0.5% during the third quarter. Figure 8 Investment Strategies LLC now owns 3,503 shares of the retailer’s stock worth $3,242,000 after purchasing an additional 17 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Buying and Selling at Costco Wholesale

In related news, EVP Russell D. Miller sold 1,500 shares of the company’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $916.32, for a total value of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. This represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP William Richard Wilcox sold 2,400 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $930.13, for a total value of $2,232,312.00. Following the transaction, the executive vice president owned 2,000 shares in the company, valued at approximately $1,860,260. This trade represents a 54.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,946 shares of company stock valued at $10,958,028 over the last quarter. 0.10% of the stock is owned by corporate insiders.

Costco Wholesale Stock Up 0.7%

Shares of NASDAQ:COST opened at $963.61 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.04 and a quick ratio of 0.53. The stock has a market cap of $427.72 billion, a price-to-earnings ratio of 51.61, a P/E/G ratio of 5.73 and a beta of 1.02. The company has a 50 day moving average of $894.70 and a 200-day moving average of $930.63. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,078.23.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The firm had revenue of $67.31 billion for the quarter, compared to analysts’ expectations of $67.03 billion. During the same period last year, the firm earned $4.04 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, sell-side analysts forecast that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. Costco Wholesale’s payout ratio is 27.85%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on COST. Roth Capital set a $769.00 price target on Costco Wholesale and gave the company a “sell” rating in a report on Monday, December 15th. Jefferies Financial Group restated a “buy” rating on shares of Costco Wholesale in a research report on Thursday, October 9th. Mizuho set a $1,000.00 target price on shares of Costco Wholesale and gave the stock an “outperform” rating in a research note on Monday, January 5th. Evercore ISI reduced their target price on shares of Costco Wholesale from $1,060.00 to $1,025.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Finally, Wells Fargo & Company lowered their price target on shares of Costco Wholesale from $1,000.00 to $900.00 and set an “equal weight” rating for the company in a report on Friday, December 19th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus price target of $996.00.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Board raised shareholder returns with a confirmed quarterly cash dividend of $1.30 per share (payable Feb. 13), which supports income-focused demand and underpins buyer interest. Read More.
• Positive Sentiment: Technical and momentum stories are signaling a breakout after late-2025 weakness; analysts and commentators pointing to stronger December sales and improving charts are drawing short-term buyers. Read More.
• Positive Sentiment: Multiple long-term investor pieces highlight Costco’s resilient membership model, renewal economics and international expansion as durable tailwinds that keep buy-and-hold interest elevated. Read More.
• Positive Sentiment: Consumer-facing features (e.g., food-court pricing, membership perks) and new incentives to upgrade members to Executive status may help average spend and renewals over time, supporting the revenue mix. Read More.
• Neutral Sentiment: Consumer and lifestyle write-ups (buy-and-hold lists, product highlights) keep brand visibility high but are unlikely to move the stock materially by themselves. Read More.
• Neutral Sentiment: Options-flow commentary notes unusually active put activity on Costco — framed as a strategy for acquiring shares without overpaying; this highlights price sensitivity but isn’t a direct directional signal. Read More.
• Negative Sentiment: Insider selling: EVP James Klauer and other executives disclosed mid-January share sales (Klauer sold 1,500 shares), which can create short-term selling pressure and raise investor caution even if sales are routine. Read More.
• Negative Sentiment: Valuation remains a constraint—COST trades at a premium versus peers (~50x earnings), so the stock is sensitive to any sign of slowing sales/margin improvement; some coverage highlights that premium as a risk to near-term gains. Read More.

Costco Wholesale Company 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.