14,010 Shares in Costco Wholesale Corporation $COST Purchased by Glenview Trust Co

Key Points

• Glenview Trust Co. purchased 14,010 Costco shares worth approximately $13.1 million during the second quarter, while institutional investors collectively own 68.48% of the company.
• Costco reported strong operating momentum, with fourth-quarter net sales rising 11.3% year over year to $93.9 billion and digitally enabled comparable sales increasing 19.5%; August sales also grew 9.9%.
• Analysts maintain a generally positive outlook, with Costco rated “Moderate Buy” and a consensus price target of $1,056.90, despite the stock’s elevated valuation and recent trading below its 50- and 200-day moving averages.

Glenview Trust Co bought a new stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 14,010 shares of the retailer's stock, valued at approximately $13,106,000.

A number of other large investors have also recently bought and sold shares of the company. Lbmc Investment Advisors LLC lifted its holdings in Costco Wholesale by 0.5% during the 4th quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer's stock worth $1,760,000 after purchasing an additional 10 shares during the last quarter. Graybill Wealth Management LTD. grew its holdings in Costco Wholesale by 0.3% in the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer's stock valued at $2,754,000 after buying an additional 10 shares in the last quarter. Palisade Asset Management LLC increased its position in Costco Wholesale by 1.4% during the 4th quarter. Palisade Asset Management LLC now owns 702 shares of the retailer's stock worth $605,000 after buying an additional 10 shares during the period. Wealth Effects LLC increased its position in Costco Wholesale by 1.2% during the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer's stock worth $871,000 after buying an additional 10 shares during the period. Finally, Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in shares of Costco Wholesale by 1.8% during the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer's stock worth $549,000 after buying an additional 10 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company's stock.

More Costco Wholesale News

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

• Positive Sentiment: Strong fourth-quarter sales: Costco’s fourth-quarter net sales increased 11.3% year over year to $93.9 billion. Digitally enabled comparable sales rose 19.5%, substantially outpacing overall growth and highlighting continued momentum in e-commerce and omnichannel shopping. Costco's Q4 Sales Rise 11.3% as Digital Momentum Remains Strong
• Positive Sentiment: August sales remained robust: Costco reported a 9.9% year-over-year increase in August sales, driven by strong U.S. comparable-store performance and record digital growth. The update gives investors further evidence that membership and customer traffic remain resilient. Costco Reports Double-Digit Growth in August 2026 Sales
• Neutral Sentiment: Holiday closures are routine: Costco closed its U.S. warehouses for Labor Day, consistent with its long-standing policy of shutting stores on seven holidays annually. The practice may reinforce the company’s employee-focused culture but has no meaningful near-term earnings impact. Most national retailers close on 2 holidays. Costco shuts down for 7.
• Neutral Sentiment: Membership loyalty remains a theme: Coverage of members with decades-long Costco relationships underscores the strength of the retailer’s recurring membership model, though it provides limited new financial information. What Happens If You Are A Costco Member For Over 40 Years?
• Negative Sentiment: Supplier relationship risk: The loss of a Costco distribution deal contributed to a functional-beverage company’s Chapter 11 filing. This is not a direct financial threat to Costco, but it highlights the importance—and potential volatility—of major retail partnerships. Loss of Costco deal helps push beverage brand into Chapter 11

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on COST. The Goldman Sachs Group boosted their target price on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a "buy" rating in a research report on Friday, May 29th. Sanford C. Bernstein set a $1,144.00 price target on shares of Costco Wholesale in a research report on Friday. Oppenheimer lifted their price objective on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 19th. Roth Capital boosted their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a "sell" rating in a report on Friday, May 29th. Finally, TD Cowen restated a "buy" rating and set a $1,175.00 target price on shares of Costco Wholesale in a research report on Wednesday, June 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $1,056.90.

Costco Wholesale Stock Performance

NASDAQ:COST opened at $915.74 on Tuesday. The company has a market cap of $406.11 billion, a price-to-earnings ratio of 46.06, a PEG ratio of 3.80 and a beta of 0.86. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The stock has a fifty day moving average price of $942.96 and a 200-day moving average price of $976.78.

Costco Wholesale Dividend Announcement

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

Insiders Place Their Bets

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

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.

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