Griffin Asset Management Inc. Purchases 568 Shares of Costco Wholesale Corporation $COST

Griffin Asset Management Inc. grew its position in Costco Wholesale Corporation (NASDAQ:COST) by 7.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,703 shares of the retailer’s stock after acquiring an additional 568 shares during the period. Griffin Asset Management Inc.’s holdings in Costco Wholesale were worth $7,505,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of COST. Assenagon Asset Management S.A. boosted its position in shares of Costco Wholesale by 1,586.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock worth $980,857,000 after purchasing an additional 1,070,005 shares during the period. Amundi boosted its position in shares of Costco Wholesale by 45.0% in the third quarter. Amundi now owns 3,176,606 shares of the retailer’s stock worth $2,893,697,000 after purchasing an additional 986,182 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Costco Wholesale by 182.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 536,059 shares of the retailer’s stock worth $462,265,000 after buying an additional 346,208 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Costco Wholesale by 112.2% in the third quarter. Voloridge Investment Management LLC now owns 477,425 shares of the retailer’s stock worth $441,919,000 after buying an additional 252,453 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Costco Wholesale in the fourth quarter worth $213,362,000. 68.48% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Roth Mkm reissued a “sell” rating on shares of Costco Wholesale in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Truist Financial boosted their target price on shares of Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a report on Friday, March 6th. Mizuho boosted their target price on shares of Costco Wholesale from $1,065.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Finally, Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. 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. According to data from MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average target price of $1,052.60.

Costco Wholesale News Summary

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

• Positive Sentiment: UBS raised its price target on Costco to $1,275 and kept a buy rating, signaling confidence that the stock still has room to run ahead of earnings. Benzinga report on UBS target raise
• Positive Sentiment: Analysts continue to back Costco into Q3, with commentary that strong membership renewals and steady traffic may be enough to support another solid quarter even if results are not spectacular. TipRanks article
• Positive Sentiment: Higher gas prices may be steering more shoppers to warehouse clubs like Costco for discounted fuel, which could lift traffic and reinforce the company’s value proposition. Benzinga article on gas-driven traffic
• Positive Sentiment: Recent articles highlighted Costco’s strong 2026 performance, record highs, and speculation about a future stock split, all of which can keep investor enthusiasm elevated. Yahoo Finance article on stock split speculation
• Neutral Sentiment: Media coverage around new food court items, UK store updates, and Costco being a trending stock may help keep the brand in the spotlight, but these headlines are unlikely to materially change the near-term earnings picture.
• Negative Sentiment: Some traders are taking profits after the stock’s strong recent rally and six-session winning streak, which is contributing to the pullback today. MSN article on pullback after winning streak
• Negative Sentiment: Costco faces a high expectations bar heading into Q3 results, so even a good report could disappoint if it does not exceed the market’s elevated hopes. Yahoo Finance article on high expectations

Costco Wholesale Price Performance

Costco Wholesale stock opened at $1,074.01 on Thursday. The company has a market cap of $476.48 billion, a price-to-earnings ratio of 55.85, a PEG ratio of 5.38 and a beta of 0.92. The firm’s fifty day moving average is $1,006.08 and its 200 day moving average is $958.67. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The company had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. Costco Wholesale’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.02 earnings per share. Sell-side analysts forecast that Costco Wholesale Corporation will post 20.33 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s payout ratio is currently 30.58%.

Insider Transactions at Costco Wholesale

In related news, EVP Claudine Adamo sold 730 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the sale, the executive vice president owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by insiders.

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.