Meridian Wealth Advisors LLC Increases Stake in Costco Wholesale Corporation $COST

Meridian Wealth Advisors LLC lifted its position in Costco Wholesale Corporation (NASDAQ:COST) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,450 shares of the retailer’s stock after acquiring an additional 503 shares during the quarter. Costco Wholesale accounts for 1.5% of Meridian Wealth Advisors LLC’s portfolio, making the stock its 17th largest position. Meridian Wealth Advisors LLC’s holdings in Costco Wholesale were worth $10,599,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Aviso Financial Inc. raised its position in Costco Wholesale by 5.1% in the 3rd quarter. Aviso Financial Inc. now owns 13,791 shares of the retailer’s stock worth $12,765,000 after purchasing an additional 668 shares during the period. United Bank boosted its position in shares of Costco Wholesale by 4.2% during the third quarter. United Bank now owns 6,094 shares of the retailer’s stock valued at $5,641,000 after buying an additional 248 shares during the period. Cache Advisors LLC grew its stake in shares of Costco Wholesale by 140.1% during the third quarter. Cache Advisors LLC now owns 1,532 shares of the retailer’s stock valued at $1,418,000 after buying an additional 894 shares during the last quarter. Nicholas Hoffman & Company LLC. grew its stake in shares of Costco Wholesale by 1.7% during the third quarter. Nicholas Hoffman & Company LLC. now owns 4,057 shares of the retailer’s stock valued at $3,756,000 after buying an additional 68 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its holdings in shares of Costco Wholesale by 2.1% in the third quarter. Rafferty Asset Management LLC now owns 51,028 shares of the retailer’s stock worth $47,233,000 after buying an additional 1,054 shares during the period. 68.48% of the stock is currently owned by institutional investors.

Insider Activity

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 shares were sold at an average price of $916.32, for a total value of $1,374,480.00. Following the completion of the transaction, the executive vice president directly owned 8,240 shares in the company, valued at approximately $7,550,476.80. The trade was a 15.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Susan L. Decker sold 458 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $955.00, for a total transaction of $437,390.00. Following the sale, the director directly owned 8,532 shares of the company’s stock, valued at approximately $8,148,060. The trade was a 5.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,915 shares of company stock worth $6,317,097 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Bank of America initiated coverage with a “Buy” and a $1,185 price target, signaling material upside from current levels and lending institutional momentum to the name.
• Positive Sentiment: Analysts highlighted Costco’s resilience in a K-shaped economy — pricing power, loyal executive members and margin durability — supporting the stock’s defensive growth narrative. What’s Going On With Costco Wholesale Stock Today?
• Positive Sentiment: Seeking Alpha published a long-term bullish piece framing Costco’s business model as attractive for buy-and-hold investors, reinforcing the stock’s appeal for portfolio allocation. Costco: A Strong Business Model For Long-Term Investors
• Positive Sentiment: Merchandising and pricing moves — Costco added more national brands and cut prices on select items — which can boost traffic and member perceived value, supporting same-store fundamentals. Costco adds more big brands and lowers prices
• Neutral Sentiment: Costco heads into Q2 with consensus expectations for revenue growth (~+8.6%) and EPS (~+12.7%), which supports the bull case but raises the bar — strong results could be priced in given recent analyst optimism. Should You Buy Costco Stock Ahead of Q2 Earnings Report?
• Neutral Sentiment: Costco is pursuing tariff refund lawsuits (post-Supreme Court rulings) while investing in digital tools and global expansion — potential upside from refunds but also short-term cash/legal uncertainty and capex. How Investors May Respond To Costco Wholesale (COST) Tariff Refund Lawsuits And Digital Expansion Investments
• Negative Sentiment: Operational hiccup: Costco notified Hawaii members of a Yakitori fried rice recall — a localized food-safety issue that could produce modest short-term negative PR and costs. Costco notifies Hawaii members of Yakitori fried rice recall

Costco Wholesale Trading Up 2.4%

NASDAQ:COST opened at $1,010.79 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04. The firm has a 50-day simple moving average of $948.16 and a 200-day simple moving average of $934.96. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,067.08. The firm has a market cap of $448.66 billion, a P/E ratio of 54.14, a P/E/G ratio of 5.32 and a beta of 1.01.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.07. The company had revenue of $67.31 billion during the quarter, compared to the consensus estimate of $67.03 billion. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. Costco Wholesale’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.04 earnings per share. Equities analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on COST. UBS Group restated a “buy” rating on shares of Costco Wholesale in a report on Friday, December 12th. JPMorgan Chase & Co. lifted their target price on Costco Wholesale from $1,000.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Wells Fargo & Company upped their price target on shares of Costco Wholesale from $900.00 to $950.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Evercore raised their price target on shares of Costco Wholesale from $1,025.00 to $1,050.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. Finally, HSBC lowered their price objective on shares of Costco Wholesale from $1,060.00 to $1,045.00 and set a “hold” rating for the company in a research report on Friday, December 12th. Twenty-two research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,014.39.

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.