Costco Wholesale (NASDAQ:COST) Stock Sale Reported by Rep. Pete Sessions

Key Points

• Rep. Pete Sessions sold between $250,001 and $500,000 of Costco shares on October 2 through his “TRUST ONE” account, amid a broader series of sales in other companies.
• Costco reported better-than-expected quarterly results, including $6.75 in EPS and $95.72 billion in revenue, with revenue rising 11.1% year over year. The company also announced a quarterly dividend of $1.47, equivalent to a 0.6% annualized yield.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,086.19, though some analysts warn that Costco’s premium valuation near $1,000 per share leaves limited room for disappointment.

Representative Pete Sessions (Republican-Texas) recently sold shares of Costco Wholesale Corporation NASDAQ: COST. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $250,001 and $500,000 in Costco Wholesale stock on October 2nd. The trade occurred in the Representative's "TRUST ONE" account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 10/28/2026.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.

Costco Wholesale Trading Down 0.9%

Shares of COST stock opened at $982.73 on Thursday. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The stock's fifty day moving average price is $940.95 and its two-hundred day moving average price is $969.55. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06. The company has a market cap of $435.48 billion, a PE ratio of 47.34, a P/E/G ratio of 4.29 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last posted its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping analysts' consensus estimates of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The company had revenue of $95.72 billion during the quarter, compared to analysts' expectations of $94.97 billion. During the same quarter in the previous year, the firm earned $5.87 EPS. Costco Wholesale's revenue was up 11.1% on a year-over-year basis. Equities analysts predict that Costco Wholesale Corporation will post 22.70 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, October 30th. Costco Wholesale's dividend payout ratio (DPR) is currently 28.32%.

Wall Street Analyst Weigh In

COST has been the topic of several research analyst reports. Roth Capital reaffirmed a "sell" rating and issued a $781.00 price objective on shares of Costco Wholesale in a research note on Friday, September 25th. Argus reissued a "buy" rating and set a $1,230.00 target price on shares of Costco Wholesale in a research note on Monday, September 28th. BMO Capital Markets reissued an "outperform" rating on shares of Costco Wholesale in a report on Friday, September 25th. Wells Fargo & Company dropped their target price on shares of Costco Wholesale from $1,000.00 to $950.00 and set an "equal weight" rating for the company in a report on Friday, September 25th. Finally, Sanford C. Bernstein reduced their price target on shares of Costco Wholesale from $1,144.00 to $1,143.00 and set an "outperform" rating on the stock in a research note on Friday, September 25th. Twenty-five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Costco Wholesale has a consensus rating of "Moderate Buy" and an average target price of $1,086.19.

Institutional Investors Weigh In On Costco Wholesale

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE acquired a new position in shares of Costco Wholesale in the second quarter valued at approximately $6,781,946,000. Diamant Asset Management Inc. raised its holdings in Costco Wholesale by 99,278.0% in the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer's stock valued at $672,690,000 after buying an additional 6,720,130 shares during the last quarter. State Street Corp boosted its position in Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer's stock worth $22,359,224,000 after buying an additional 5,749,362 shares during the period. Legal & General Group Plc acquired a new stake in Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. Finally, Ascentis Wealth Management LLC boosted its position in Costco Wholesale by 103,637.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 2,500,062 shares of the retailer's stock worth $2,549,616,000 after buying an additional 2,497,652 shares during the period. Institutional investors and hedge funds 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: Costco expanded its healthcare offering through a NationsBenefits partnership, allowing members to redeem eligible benefits in real time at checkout across more than 600 U.S. warehouses. The initiative could increase member engagement, convenience and store traffic while supporting Costco’s growing healthcare business. Costco brings real-time health benefit checkouts to more than 600 stores
• Positive Sentiment: The retailer opened a new warehouse in Western New York, adding capacity and reinforcing its long-term strategy of expanding its membership base and geographic footprint. Costco opens its doors in Western New York
• Positive Sentiment: Recent coverage highlights Costco’s fifth consecutive earnings beat, strong pharmacy growth and improving digital conversions, including gains from AI-powered website search. Analysts also point to improving technical momentum heading into November. Costco momentum is improving heading into November
• Neutral Sentiment: Promotional offers providing new Gold Star members with a $45 digital Costco Shop Card for a $65 membership may help attract sign-ups, although the near-term effect on revenue and margins is unclear. New Costco Gold Star membership promotion
• Neutral Sentiment: Long-term investment commentary remains broadly bullish, with Costco viewed as a defensive compounder and a potential healthcare or Medicare disrupter. However, these are forward-looking theses rather than new financial guidance.
• Negative Sentiment: Analysts continue to question Costco’s valuation near $1,000 per share, arguing that its premium multiple already reflects substantial growth. Expensive valuation and mixed macroeconomic conditions could pressure the stock if sales or margins merely meet expectations. Costco valuation remains a head scratcher
• Negative Sentiment: Exchange-traded funds were reported as net sellers of COST, creating modest technical pressure. Separately, Costco withdrew an application for a proposed Idaho warehouse, highlighting that expansion plans can face local or regulatory setbacks. Costco sees net ETF selling
• Negative Sentiment: The upcoming $1.47 dividend offers a relatively low yield at Costco’s current share price, limiting its appeal to income-focused investors and reducing support from dividend-driven buying.

Insider Buying and Selling

In other news, EVP Claudine Adamo sold 2,200 shares of the firm's stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the completion of the transaction, the executive vice president owned 7,134 shares of the company's stock, valued at approximately $6,534,244.62. This trade represents a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP William Richard Wilcox sold 1,100 shares of Costco Wholesale stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the transaction, the executive vice president owned 3,094 shares in the company, valued at approximately $2,964,701.74. This trade represents a 26.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company's stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.

Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.

The company traces its roots to Price Club, which opened in San Diego in 1976.

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