OFI Invest Asset Management Acquires 96,956 Shares of Costco Wholesale Corporation $COST

OFI Invest Asset Management grew its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 254.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,062 shares of the retailer’s stock after acquiring an additional 96,956 shares during the quarter. Costco Wholesale accounts for 1.5% of OFI Invest Asset Management’s portfolio, making the stock its 11th largest holding. OFI Invest Asset Management’s holdings in Costco Wholesale were worth $116,469,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hurley Capital LLC boosted its position in shares of Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after acquiring an additional 18 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of Costco Wholesale in the third quarter valued at approximately $34,000. Collier Financial bought a new stake in shares of Costco Wholesale in the third quarter valued at approximately $35,000. AXS Investments LLC bought a new stake in shares of Costco Wholesale in the third quarter valued at approximately $36,000. Finally, Imprint Wealth LLC bought a new stake in shares of Costco Wholesale in the third quarter valued at approximately $36,000. 68.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

COST has been the subject of several research reports. Truist Financial increased their price objective on Costco Wholesale from $926.00 to $977.00 and gave the company a “hold” rating in a research report on Friday, March 6th. Mizuho raised their target price on Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Robert W. Baird set a $1,100.00 target price on Costco Wholesale in a research report on Thursday, February 5th. Roth Mkm reaffirmed a “sell” rating on shares of Costco Wholesale in a research report on Wednesday, February 4th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Costco Wholesale in a research report on Monday, December 22nd. Twenty-two investment 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,039.13.

More Costco Wholesale News

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

• Positive Sentiment: March sales beat expectations — net sales rose 11.3% year‑over‑year to $28.41 billion and e‑commerce growth topped 20%, which underpins near‑term revenue momentum and drove the stock higher. Costco Posts Strong March Sales Despite Fewer Shopping Days
• Positive Sentiment: Private‑label expansion — Costco is testing Kirkland energy drinks (positioned below national brands), which can protect margins and supplier bargaining leverage if scaled. This supports longer‑term gross‑margin resilience. Costco Tests Kirkland Energy Drinks And Supplier Power With Celsius Lookalike
• Positive Sentiment: Store and service expansion — new store opening plans (e.g., New Braunfels) and moves like a stand‑alone gas station indicate continued physical growth opportunities and membership‑driven sales. Costco sets opening date for New Braunfels store. Here’s everything we know.
• Neutral Sentiment: Company remarks/transcript — Costco released pre‑recorded sales/trading statement remarks that provide management color on trends; useful for guidance but did not change outlook materially. Costco Wholesale Corporation (COST) Pre Recorded Sales/ Trading Statement Call Prepared Remarks Transcript
• Negative Sentiment: Valuation remains a headwind — commentators note Costco is trading at a premium (analysts citing ~48x earnings and background P/E near mid‑50s), which may limit upside and keeps some analysts on the sidelines. Costco (COST) Shares Climb 2% Following Strong March Sales Performance
• Negative Sentiment: Analyst caution — Truist and others have maintained neutral/hold views despite the sales beat, highlighting upside is limited without multiple expansion or faster margin improvement. Costco Stock (COST) Pops on ‘Solid’ March Sales, But Truist Sticks with Hold — Here’s Why
• Negative Sentiment: Macro/regional market risk — broader market futures softened on geopolitical headlines (which can pressure retail stocks intraday), damping some of the rally. Stock Market Today: S&P 500 Futures Drop As Iran Flags Ceasefire Violation, Trump Says Arms ‘Will Remain In Place’—Arrive AI, Costco In Focus

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Teresa A. Jones sold 850 shares of Costco Wholesale stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the transaction, the executive vice president directly owned 4,228 shares of the company’s stock, valued at approximately $4,169,907.28. This trade represents a 16.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Susan L. Decker sold 458 shares of Costco Wholesale stock in a transaction on Friday, January 16th. The shares were sold at an average price of $955.00, for a total value of $437,390.00. Following the transaction, 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. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 5,038 shares of company stock valued at $4,790,896. Insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Up 1.7%

Shares of COST stock opened at $1,030.27 on Thursday. The stock has a market cap of $457.08 billion, a P/E ratio of 53.58, a price-to-earnings-growth ratio of 5.01 and a beta of 0.99. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,067.08. The stock has a fifty day moving average price of $992.75 and a 200 day moving average price of $941.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, topping the consensus estimate of $4.55 by $0.03. The firm had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business earned $4.02 earnings per share. Analysts predict 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 was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.04%.

About Costco Wholesale

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.