Spirit of America Management Corp NY Sells 1,050 Shares of Costco Wholesale Corporation $COST

Spirit of America Management Corp NY trimmed its stake in Costco Wholesale Corporation (NASDAQ:COST) by 15.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,706 shares of the retailer’s stock after selling 1,050 shares during the period. Costco Wholesale makes up about 1.0% of Spirit of America Management Corp NY’s portfolio, making the stock its 24th biggest position. Spirit of America Management Corp NY’s holdings in Costco Wholesale were worth $4,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assenagon Asset Management S.A. raised its holdings in Costco Wholesale by 1,586.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after buying an additional 1,070,005 shares during the period. Amundi boosted its stake in 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. Invesco Ltd. increased its position in Costco Wholesale by 9.8% during the second quarter. Invesco Ltd. now owns 4,291,557 shares of the retailer’s stock valued at $4,248,384,000 after acquiring an additional 383,887 shares during the last quarter. Voloridge Investment Management LLC increased its position in Costco Wholesale by 112.2% during the third quarter. Voloridge Investment Management LLC now owns 477,425 shares of the retailer’s stock valued at $441,919,000 after acquiring an additional 252,453 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Costco Wholesale by 3,728.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 245,590 shares of the retailer’s stock valued at $243,119,000 after acquiring an additional 239,175 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Up 1.3%

NASDAQ COST opened at $996.58 on Tuesday. The stock has a market cap of $442.13 billion, a PE ratio of 51.82, a PEG ratio of 4.86 and a beta of 1.00. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,067.08. The company’s 50-day moving average price is $987.35 and its 200-day moving average price is $939.08. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The company had revenue of $69.60 billion during the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the business posted $4.02 EPS. Equities research analysts forecast that Costco Wholesale Corporation will post 18.03 earnings per share for the current 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 paid a dividend of $1.30 per share. 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 currently 27.04%.

Key Costco Wholesale News

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

• Positive Sentiment: Faster checkout tests could boost throughput and member satisfaction — Costco is rolling out automated pay stations and a new checkout technology that cuts payment times to ~8–10 seconds, which can raise store capacity and lower labor friction. Costco’s new checkout technology cuts payment time down to 8 seconds
• Positive Sentiment: Private‑label Kirkland energy drinks launch — Costco introduced Kirkland sparkling energy drinks at lower price points, a move that can lift category sales, margin mix and pressuring branded rivals (which has already moved peer stocks). Costco Kirkland Energy Drinks Spark Competition And Raise Valuation Questions
• Positive Sentiment: Aggressive warehouse expansion planned — Management plans ~28 new warehouses in FY26 and intends to add ~30+ annually, supporting membership growth, same-store traffic and long-term revenue capacity. Costco’s Warehouse Expansion Plans Signal Long-Term Growth Engine
• Positive Sentiment: Canada business‑centre expansion supports B2B growth — Rolling out Business Centres across Canada broadens wholesale/B2B exposure, which can improve order size and commercial membership traction. Costco Expands Business Centres Across Canada
• Neutral Sentiment: Positive chart/analyst attention — IBD named Costco a Stock of the Day and some articles highlight long-term investor appeal; this technical/coverage spotlight can attract momentum flows but doesn’t change fundamentals overnight. Costco, IBD’s Stock Of The Day, Rallies This Year As Markets Fall
• Neutral Sentiment: Consumer tip articles on saving at the pump — Coverage on how members save on gas at Costco is informational and supports the value proposition, but is unlikely to move fundamentals immediately. Saving on gas at Costco and Sam’s Club in Phoenix is easy. Here’s how
• Negative Sentiment: Lawsuit alleging price increases then tariff refunds — A suit claims Costco raised prices and sought tariff refunds from the government; litigation risk could bring reputational, regulatory and potential financial costs if it escalates. Costco sued over claims it raised prices, then sought tariff refunds from government
• Negative Sentiment: Rising gas prices and broader consumer pressure — Higher pump prices and worries about consumer spending are cited as recession risks; while Costco benefits from gas sales, sustained higher gas could dent discretionary spending and membership renewal behavior over time. Higher gas prices could spell recession risks to some US consumers
• Negative Sentiment: Competitive pressure from large peers — Analysts note Walmart’s e‑commerce and omnichannel scale could pressure Costco’s growth/market share in some categories, an important competitive consideration for margin and long‑term share gains. The Zacks Analyst Blog Walmart and Costco

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on COST. Evercore set a $1,100.00 target price on shares of Costco Wholesale in a report on Monday, March 2nd. Citigroup reiterated a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $1,044.00 price objective on shares of Costco Wholesale in a research note on Thursday, January 8th. Daiwa Securities Group boosted their target price on Costco Wholesale from $917.00 to $975.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Finally, The Goldman Sachs Group cut their target price on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,039.13.

Insider Transactions at Costco Wholesale

In related news, EVP James C. Klauer sold 1,500 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 44,837 shares in the company, valued at approximately $42,101,943. The trade was a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Teresa A. Jones sold 850 shares of the firm’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total value of $838,321.00. Following the transaction, the executive vice president owned 4,228 shares in the company, valued at $4,169,907.28. The trade was a 16.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,038 shares of company stock valued at $4,790,896 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.