3,510 Shares in Costco Wholesale Corporation $COST Bought by Henson Edgewater Management LLC

Key Points

• Henson Edgewater Management initiated a Costco position by purchasing 3,510 shares worth approximately $3.33 million, while other institutional investors also added shares. Hedge funds and institutions collectively own 68.48% of Costco.
• Costco reported strong operating momentum, with fourth-quarter net sales up 11.3% to $93.9 billion and digitally enabled comparable sales rising 19.5%; August sales also increased 9.9% year over year.
• Analysts maintain a generally positive view, giving Costco a consensus “Moderate Buy” rating and an average price target of $1,056.90, compared with a recent share price of $915.74.

Henson Edgewater Management LLC bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,510 shares of the retailer's stock, valued at approximately $3,333,000. Costco Wholesale accounts for about 1.9% of Henson Edgewater Management LLC's investment portfolio, making the stock its 19th largest holding.

Other hedge funds have also modified their holdings of the company. Beacon Pointe Advisors LLC acquired a new position in shares of Costco Wholesale in the 2nd quarter valued at $50,088,000. Kimelman & Baird LLC purchased a new position in Costco Wholesale in the 2nd quarter worth about $58,556,000. Pin Oak Investment Advisors Inc. acquired a new stake in Costco Wholesale during the 2nd quarter worth about $96,000. 49 Wealth Management LLC acquired a new stake in Costco Wholesale during the 2nd quarter worth about $813,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Costco Wholesale during the second quarter valued at about $4,555,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Key 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

Costco Wholesale Stock Performance

NASDAQ:COST opened at $915.74 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. 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 50-day moving average is $942.96 and its two-hundred day moving average is $976.78. The stock has a market cap of $406.11 billion, a PE ratio of 46.06, a price-to-earnings-growth ratio of 3.80 and a beta of 0.86.

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 issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale's dividend payout ratio (DPR) is currently 29.58%.

Insider Buying and Selling

In related news, Director Kenneth Denman sold 885 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction 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. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. HC Wainwright reiterated a "buy" rating on shares of Costco Wholesale in a report on Monday, June 1st. Royal Bank Of Canada assumed coverage on shares of Costco Wholesale in a report on Monday, July 13th. They set a "sector perform" rating and a $1,000.00 price target on the stock. Sanford C. Bernstein set a $1,144.00 price target on shares of Costco Wholesale in a research report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $1,091.00 price objective on shares of Costco Wholesale in a research note on Friday. Finally, 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 report on Tuesday, May 19th. Twenty-one 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.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1,056.90.

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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