Costco Wholesale Corporation $COST Shares Purchased by CoreCap Advisors LLC

Key Points

• CoreCap Advisors increased its Costco stake by 23.1% in the third quarter, bringing its holdings to 6,297 shares valued at approximately $5.7 million. Institutional investors and hedge funds collectively own 68.48% of Costco’s stock.
• Costco exceeded quarterly expectations, reporting EPS of $6.75 versus the $6.54 consensus and revenue of $95.72 billion, up 11.1% year over year. Recent sales growth was supported by strong customer traffic, comparable-store gains, and approximately 19% digital-sales growth.
• Despite positive analyst sentiment—a “Moderate Buy” consensus and average price target of $1,046.27—Costco trades at a premium valuation of roughly 45 times earnings. An executive also sold 2,200 shares, while analysts cautioned that some recent sales strength reflected higher gasoline prices and other lower-margin effects.

CoreCap Advisors LLC lifted its holdings in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 23.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,297 shares of the retailer's stock after acquiring an additional 1,180 shares during the period. CoreCap Advisors LLC's holdings in Costco Wholesale were worth $5,732,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sarasin & Partners LLP raised its stake in Costco Wholesale by 6.9% during the 2nd quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer's stock worth $200,372,000 after buying an additional 13,795 shares during the period. Perryman Financial Advisory Inc. AD bought a new position in Costco Wholesale in the fourth quarter worth approximately $9,300,000. Nissay Asset Management Corp Japan grew its stake in Costco Wholesale by 4.1% in the second quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer's stock valued at $148,193,000 after acquiring an additional 6,200 shares during the period. Hyperion Asset Management Ltd grew its stake in Costco Wholesale by 9.0% in the second quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer's stock valued at $64,325,000 after acquiring an additional 5,656 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Costco Wholesale by 15.0% during the second quarter. Concurrent Investment Advisors LLC now owns 22,766 shares of the retailer's stock valued at $21,297,000 after acquiring an additional 2,974 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 7,134 shares in the company, valued at $6,534,244.62. This trade represents a 23.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale Price Performance

Shares of NASDAQ:COST opened at $947.92 on Friday. The company's fifty day moving average price is $930.81 and its 200-day moving average price is $963.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62. The firm has a market capitalization of $420.38 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 4.03 and a beta of 0.88. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.21. The company had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business earned $5.87 earnings per share. On average, equities research analysts anticipate that Costco Wholesale Corporation will post 22.86 earnings per share for the current fiscal year.

Costco Wholesale News Summary

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

• Positive Sentiment: Strong customer traffic and transaction growth supported broad-based comparable-sales gains. U.S. comparable sales increased 12.5%, Canada rose 6.3%, and other international markets gained 10.8%, offering evidence that Costco’s membership model continues to attract shoppers. Costco sales rise in September as strong traffic drives start to fiscal 2027
• Positive Sentiment: Digital sales grew approximately 19%, adding another growth channel and strengthening expectations for a solid start to fiscal 2027. The report also supports the view that Costco’s international operations remain an important contributor to future revenue growth. Costco's September Sales Rise 13% on Strong Comps, Digital Growth
• Neutral Sentiment: Investors are paying a premium for this consistency: COST trades at roughly 45 times trailing earnings. The valuation reflects expectations for years of continued growth, leaving the stock particularly sensitive to any slowdown in traffic, memberships, or margins. What Are Costco Investors Betting On?
• Negative Sentiment: Some of the headline sales strength came from higher gasoline prices and other potentially lower-margin or one-time effects. Analysts therefore caution that the underlying 7.6% increase, while healthy, is less dramatic than the 13% reported-sales gain. Costco's Sales Rebound in September Looks Great on Paper. Why There's More to the Story.

Wall Street Analyst Weigh In

COST has been the subject of a number of analyst reports. HSBC upgraded shares of Costco Wholesale to a "buy" rating in a report on Friday, September 25th. Raymond James Financial dropped their target price on shares of Costco Wholesale from $1,100.00 to $1,050.00 and set an "outperform" rating on the stock in a research note on Friday, September 25th. TD Cowen reiterated a "buy" rating on shares of Costco Wholesale in a research report on Friday, September 25th. Mizuho decreased their price target on Costco Wholesale from $1,100.00 to $1,065.00 and set an "outperform" rating on the stock in a research report on Friday, September 25th. Finally, Jefferies Financial Group reduced their price target on shares of Costco Wholesale from $1,130.00 to $1,100.00 in a research report on Friday, September 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,046.27.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.

Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.

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