2,237 Shares in Costco Wholesale Corporation $COST Acquired by Formuepleje A S

Key Points

• Formuepleje A S acquired 2,237 Costco shares during the second quarter, valued at approximately $2.1 million. Institutional investors and hedge funds collectively own 68.48% of Costco’s stock.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $1,056.03; targets from several firms range as high as $1,175.
• Costco shares opened at $904.77, below both their 50-day and 200-day moving averages, while the company declared a quarterly dividend of $1.47 per share, representing a 0.6% annualized yield.

Formuepleje A S bought a new position in Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,237 shares of the retailer's stock, valued at approximately $2,093,000.

Other institutional investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its holdings in shares of Costco Wholesale by 91,744.7% during the 2nd quarter. California State Teachers Retirement System now owns 631,103,610 shares of the retailer's stock worth $590,378,494,000 after buying an additional 630,416,468 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Costco Wholesale in the 2nd quarter valued at $6,781,946,000. Diamant Asset Management Inc. increased its stake in shares of 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 acquiring an additional 6,720,130 shares in the last quarter. Norges Bank acquired a new position in shares of Costco Wholesale during the 4th quarter valued at $5,195,415,000. Finally, Corient Private Wealth LLC lifted its position in shares of Costco Wholesale by 838.9% during the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer's stock valued at $5,282,182,000 after acquiring an additional 5,472,968 shares during the period. 68.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the firm's stock in a transaction 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 transaction, the director directly owned 4,779 shares of the company's stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on COST. The Goldman Sachs Group increased their target price on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. TD Cowen reiterated a "buy" rating and set a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Truist Financial upped their price objective on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a "hold" rating in a report on Friday, May 29th. DA Davidson reissued a "neutral" rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research report on Thursday, September 3rd. Finally, BTIG Research restated a "buy" rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Thursday, September 3rd. Twenty-two equities 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. Based on data from MarketBeat, Costco Wholesale presently has an average rating of "Moderate Buy" and a consensus target price of $1,056.03.

Costco Wholesale Price Performance

Shares of COST opened at $904.77 on Monday. The business's fifty day moving average is $940.09 and its 200 day moving average is $974.42. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. 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 stock has a market cap of $401.25 billion, a P/E ratio of 45.51, a P/E/G ratio of 3.77 and a beta of 0.86.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were issued a dividend of $1.47 per share. The ex-dividend date was Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale's dividend payout ratio is presently 29.58%.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco’s recent August and fourth-quarter fiscal 2026 sales results supported an analyst upgrade from “hold” to “buy,” accompanied by a $1,030 price target. The data were viewed as evidence of resilient consumer demand and improving visibility into retail trends. Analyst upgrade following sales reports
• Positive Sentiment: Several analysts maintain substantially higher targets, including targets of $1,100 to $1,200, arguing that Costco’s membership model, recurring sales, and execution could support further valuation upside. Costco price prediction
• Positive Sentiment: Coverage highlights Costco’s ability to compete with Walmart and Amazon, while planned warehouse openings—including a reported $42 million Texas development and additional U.S. and Canadian locations—could expand its membership and sales base. Costco competition and growth
• Positive Sentiment: An Accenture survey suggests consumers may begin holiday shopping unusually early and spend more than in 2025, a potentially favorable backdrop for Costco’s seasonal merchandise and grocery sales. Holiday shopping outlook
• Neutral Sentiment: Brokerage coverage remains favorable overall, with Costco carrying an average “Moderate Buy” rating, but the stock’s elevated valuation means continued earnings and sales growth may be required to justify further gains. Costco brokerage rating
• Neutral Sentiment: New warehouse projects and relocations should support long-term expansion, although local traffic concerns around one planned location could delay or complicate development. Lee’s Summit Costco development
• Negative Sentiment: Costco shares have closed lower for eight consecutive sessions, raising concerns about a technical or valuation-driven correction despite strong operating results.
• Negative Sentiment: Recent insider activity consisted of two sales and no purchases, while reports that Costco is rationing motor oil point to potential product-availability and supply-chain pressures.

About Costco Wholesale

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.

Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.