Costco Wholesale Corporation $COST Shares Purchased by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its Costco position by 26.1% in the third quarter, buying 33,766 additional shares to hold 163,032 shares valued at approximately $148.4 million. Institutional investors collectively own 68.48% of COST.
• Costco beat quarterly expectations with earnings of $6.75 per share versus $6.54 expected, while revenue rose 11.1% year over year to $95.72 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $1,046.27.
• The stock traded near $947.92 and carries a premium valuation of roughly 45.7 times earnings; strong traffic and digital sales support growth, but investors remain sensitive to slowing underlying sales, margins, or membership trends. An executive also sold 2,200 shares worth about $2.02 million.

Mn Services Vermogensbeheer B.V. boosted its position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 26.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,032 shares of the retailer's stock after buying an additional 33,766 shares during the quarter. Costco Wholesale makes up approximately 1.1% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 18th largest holding. Mn Services Vermogensbeheer B.V.'s holdings in Costco Wholesale were worth $148,415,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COST. C M Bidwell & Associates Ltd. bought a new position in Costco Wholesale in the second quarter valued at approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Costco Wholesale during the fourth quarter worth about $27,000. Burk Holdings LLC acquired a new stake in shares of Costco Wholesale in the 2nd quarter valued at approximately $30,000. Manning & Napier Advisors LLC acquired a new position in shares of Costco Wholesale during the 2nd quarter worth about $30,000. Finally, Lifetime Wealth Management P.C. bought a new stake in Costco Wholesale in the fourth quarter valued at approximately $28,000. 68.48% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the sale, the executive vice president directly owned 7,134 shares of the company's stock, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on COST shares. Jefferies Financial Group cut their price objective on shares of Costco Wholesale from $1,130.00 to $1,100.00 in a research report on Friday, September 25th. Raymond James Financial decreased 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 report on Friday, September 25th. Argus reissued a "buy" rating and set a $1,230.00 price target on shares of Costco Wholesale in a report on Monday, September 28th. BTIG Research reissued a "buy" rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a research note on Wednesday, September 23rd. Finally, Mizuho lowered their price objective on Costco Wholesale from $1,100.00 to $1,065.00 and set an "outperform" rating for the company in a research note on Friday, September 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $1,046.27.

Costco Wholesale Trading Up 0.6%

NASDAQ:COST opened at $947.92 on Friday. The company has a market cap of $420.38 billion, a PE 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. The firm has a 50-day moving average of $930.81 and a 200-day moving average of $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.

Costco Wholesale (NASDAQ:COST - Get Free Report) last released its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, beating analysts' consensus estimates of $6.54 by $0.21. The company had revenue of $95.72 billion for 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 revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $5.87 earnings per share. As a group, equities research analysts expect that Costco Wholesale Corporation will post 22.86 EPS for the current fiscal year.

Key Headlines Impacting Costco Wholesale

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.

About Costco Wholesale

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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