NEOS Investment Management LLC Acquires 71,968 Shares of Costco Wholesale Corporation $COST

NEOS Investment Management LLC boosted its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 63.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 184,510 shares of the retailer’s stock after acquiring an additional 71,968 shares during the quarter. Costco Wholesale accounts for 1.3% of NEOS Investment Management LLC’s portfolio, making the stock its 14th biggest holding. NEOS Investment Management LLC’s holdings in Costco Wholesale were worth $170,788,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Beacon Capital Management LLC grew its position in shares of Costco Wholesale by 1.3% during the 3rd quarter. Beacon Capital Management LLC now owns 1,712 shares of the retailer’s stock valued at $1,585,000 after acquiring an additional 22 shares during the period. Cassaday & Co Wealth Management LLC raised its stake in shares of Costco Wholesale by 1.2% in the third quarter. Cassaday & Co Wealth Management LLC now owns 9,345 shares of the retailer’s stock worth $8,650,000 after buying an additional 108 shares during the period. Cardano Risk Management B.V. lifted its position in shares of Costco Wholesale by 6.8% during the 3rd quarter. Cardano Risk Management B.V. now owns 177,247 shares of the retailer’s stock valued at $164,065,000 after buying an additional 11,323 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of Costco Wholesale by 2.3% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 8,296 shares of the retailer’s stock valued at $7,679,000 after acquiring an additional 184 shares during the period. Finally, Bedel Financial Consulting Inc. increased its holdings in Costco Wholesale by 8.2% in the 3rd quarter. Bedel Financial Consulting Inc. now owns 1,190 shares of the retailer’s stock worth $1,101,000 after acquiring an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Zacks highlights a “dual engine” for growth — e-commerce comps up ~20.5% and new store openings driving outsized sales, supporting revenue and same-store-sales momentum. Costco’s Digital Demand and Warehouse Strength Create a Dual Engine
• Positive Sentiment: Rollout of mobile/online ordering for custom cakes and deli trays improves convenience and fulfillment options — could raise transaction frequency and average ticket in clubs. Costco cake online ordering is coming
• Positive Sentiment: Coverage noting that prominent billionaires hold large positions in Costco lends a governance/endorsement narrative that can support investor confidence. 3 Billionaires Have One Key Stock As Their Largest Holding. You’ll Be Surprised to Know What It Is.
• Neutral Sentiment: Reported short-interest notes are inconsistent (data shows 0 shares and 0 days-to-cover), so there’s no clear evidence of rising short pressure to amplify moves.
• Neutral Sentiment: Stories celebrating long-term share performance (e.g., “If you invested $1,000…” pieces) support sentiment but are descriptive rather than catalytic. If You Invested $1000 in Costco a Decade Ago, This is How Much It’d Be Worth Now
• Negative Sentiment: A lawsuit alleging rotisserie chicken contamination introduces legal, recall and reputational risk; investors should watch for case developments and any operational impact. Costco Lawsuit Over Rotisserie Chicken Contamination And Investor Considerations
• Negative Sentiment: Consumer pieces on products to avoid (Kirkland items) and reports that Costco is tightening return policies could weigh on customer experience/reputation if they gain traction. 7 Kirkland Signature Foods And Drinks Costco Shoppers Avoid Buying Costco quietly cracks down on returns

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COST. Truist Financial reduced their price objective on shares of Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating for the company in a research note on Friday, December 12th. JPMorgan Chase & Co. raised their price target on Costco Wholesale from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Evercore ISI lifted their target price on Costco Wholesale from $1,025.00 to $1,050.00 and gave the company an “outperform” rating in a research note on Tuesday, February 10th. Oppenheimer upped their price target on Costco Wholesale from $1,050.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Monday, February 2nd. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,009.00.

Insider Buying and Selling

In other Costco Wholesale news, EVP Russell D. Miller sold 1,500 shares of the business’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. The trade was a 15.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James C. Klauer sold 1,500 shares of Costco Wholesale stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total value of $1,408,500.00. Following the sale, the executive vice president directly owned 44,837 shares of the company’s stock, valued at $42,101,943. This trade represents a 3.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,915 shares of company stock worth $6,317,097 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Up 2.0%

NASDAQ:COST opened at $1,018.48 on Tuesday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,077.49. The stock has a fifty day simple moving average of $925.57 and a 200-day simple moving average of $933.10. The company has a market cap of $452.07 billion, a price-to-earnings ratio of 54.55, a price-to-earnings-growth ratio of 5.37 and a beta of 1.01. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19.

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

Costco Wholesale Announces Dividend

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

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.