Costco Wholesale (NASDAQ:COST) Shares Bought Rep. Dan Newhouse

Key Points

• Rep. Dan Newhouse disclosed a purchase of Costco Wholesale stock worth between $1,001 and $15,000 on July 10, filed July 17. The trade was made through his EDWARD JONES IRA account.
• Costco shares were trading around $935.80 and had recently pulled back from their 52-week high, while the company continues to carry a rich valuation with a P/E ratio of 47.07. Despite the dip, analysts still rate the stock a Moderate Buy on average.
• Costco recently reported quarterly EPS of $4.93, just below expectations, but revenue came in slightly above forecasts at $70.53 billion. The company also announced a quarterly dividend of $1.47 per share, payable August 7.

Representative Dan Newhouse (Republican-Washington) recently bought shares of Costco Wholesale Corporation NASDAQ: COST. In a filing disclosed on July 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Costco Wholesale stock on July 10th. The trade occurred in the Representative's "EDWARD JONES IRA" account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 7/10/2026.
• Sold $1,001 - $15,000 in shares of Deere & Company NYSE: DE on 7/10/2026.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/10/2026.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 7/10/2026.
• Sold $1,001 - $15,000 in shares of Hershey NYSE: HSY on 7/10/2026.
• Purchased $1,001 - $15,000 in shares of Duke Energy NYSE: DUK on 7/10/2026.
• Purchased $1,001 - $15,000 in shares of Amcor NYSE: AMCR on 7/10/2026.
• Sold $1,001 - $15,000 in shares of Fortinet NASDAQ: FTNT on 7/10/2026.
• Sold $1,001 - $15,000 in shares of Magna International NYSE: MGA on 7/10/2026.
• Purchased $1,001 - $15,000 in shares of Accenture NYSE: ACN on 7/10/2026.

Costco Wholesale Stock Down 0.5%

Shares of COST opened at $935.80 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average of $974.46 and a 200 day moving average of $978.81. The company has a market cap of $415.01 billion, a PE ratio of 47.07, a P/E/G ratio of 4.56 and a beta of 0.88. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The firm had revenue of $70.53 billion during the quarter, compared to analysts' expectations of $70.12 billion. During the same period in the prior year, the company posted $4.28 EPS. On average, sell-side analysts expect that Costco Wholesale Corporation will post 20.39 EPS for the current year.

Costco Wholesale Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a $1.47 dividend. The ex-dividend date is Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale's dividend payout ratio (DPR) is currently 29.58%.

Insider Activity

In related news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares of the company's stock, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Costco Wholesale

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Diamant Asset Management Inc. grew its holdings in Costco Wholesale by 99,278.0% in the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer's stock worth $672,690,000 after purchasing an additional 6,720,130 shares during the last quarter. Norges Bank purchased a new position in Costco Wholesale during the 4th quarter worth $5,195,415,000. Corient Private Wealth LLC raised its stake in Costco Wholesale by 838.9% in the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer's stock valued at $5,282,182,000 after buying an additional 5,472,968 shares during the last quarter. Cardano Risk Management B.V. raised its stake in Costco Wholesale by 907.1% in the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer's stock valued at $1,539,346,000 after buying an additional 1,607,833 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of Costco Wholesale by 1,586.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer's stock worth $980,857,000 after acquiring an additional 1,070,005 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on COST shares. Roth Capital raised their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a "sell" rating in a research note on Friday, May 29th. Royal Bank Of Canada assumed coverage on Costco Wholesale in a research report on Monday, July 13th. They issued a "sector perform" rating and a $1,000.00 price objective on the stock. HC Wainwright reiterated a "buy" rating on shares of Costco Wholesale in a research report on Monday, June 1st. Weiss Ratings cut shares of Costco Wholesale from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $1,059.07.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco’s warehouse expansion story remains intact, with plans for 26 net-new warehouses in fiscal 2026 and a strong international pipeline that could extend its growth runway. Why Costco's Warehouse Growth Story Is Far From Over
• Positive Sentiment: Analysts and market-watch articles continue to frame COST as a high-quality long-term compounder, highlighting strong sales trends, a high membership renewal rate, and appeal for retirement investors. Costco Is a No-Brainer Buy for Retirement Investors Right Now
• Positive Sentiment: Another upbeat take says Costco’s recent pullback from a 52-week high could be an attractive entry point if its continued double-digit comparable sales growth holds up. Price Prediction: Will Costco Hit a New-High This Year?
• Neutral Sentiment: Costco remains one of the most widely watched retail stocks, which can keep sentiment and trading volume elevated even without a major new catalyst. Costco Wholesale Corporation (COST) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Shares were also pressured by a report that Costco may build standalone gas stations, a move some investors fear could weaken a key traffic-driving feature of its warehouses and hurt margins. Costco Stock (COST) Drops despite Bet on Standalone Gas Stations in Sales Push
• Negative Sentiment: Costco’s valuation remains a concern for some commentators, with articles noting that strong quality metrics do not necessarily mean the stock is cheap at current levels. 3 Dividend Stocks That Pass Buffett’s Test: Buy, Sell or Hold?

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.

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