Costco Wholesale Corporation $COST Stock Position Lessened by Steginsky Capital LLC

Key Points

• Steginsky Capital reduced its Costco stake by 1.4% in the third quarter, selling 1,841 shares and retaining 133,430 shares worth about $121.5 million. Costco remains the firm’s second-largest holding, representing 19.9% of its portfolio.
• Institutional investors own 68.48% of Costco’s outstanding shares, with several large firms—including State Street and Corient Private Wealth—substantially increasing their positions.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $1,046.27. Costco recently beat quarterly earnings and revenue estimates, while its shares traded near $944.85 at a relatively high P/E ratio of 45.48.

Steginsky Capital LLC lowered its stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133,430 shares of the retailer's stock after selling 1,841 shares during the quarter. Costco Wholesale makes up 19.9% of Steginsky Capital LLC's investment portfolio, making the stock its 2nd largest position. Steginsky Capital LLC's holdings in Costco Wholesale were worth $121,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of COST. Bank of America Corp DE bought a new stake in Costco Wholesale during the second quarter worth about $6,781,946,000. Diamant Asset Management Inc. lifted its holdings 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 worth $672,690,000 after acquiring an additional 6,720,130 shares during the last quarter. State Street Corp boosted its stake in shares of Costco Wholesale by 31.7% in the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer's stock valued at $22,359,224,000 after purchasing an additional 5,749,362 shares in the last quarter. Corient Private Wealth LLC grew its holdings 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 purchasing an additional 5,472,968 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in Costco Wholesale in the 2nd quarter worth $2,362,188,000. Institutional investors own 68.48% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on COST. HSBC raised Costco Wholesale to a "buy" rating in a research note on Friday, September 25th. BTIG Research reaffirmed a "buy" rating and issued a $1,125.00 price target on shares of Costco Wholesale in a research note on Wednesday, September 23rd. Guggenheim reiterated a "neutral" rating on shares of Costco Wholesale in a research report on Monday, September 28th. Roth Capital reissued a "sell" rating and set a $781.00 price objective on shares of Costco Wholesale in a research note on Friday, September 25th. Finally, Bank of America decreased their target price on shares of Costco Wholesale from $1,200.00 to $1,095.00 and set a "buy" rating on the stock in a research note on Wednesday, September 16th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $1,046.27.

Costco Wholesale Trading Up 1.0%

Shares of COST stock traded up $9.17 during trading hours on Wednesday, reaching $944.85. The company's stock had a trading volume of 859,060 shares, compared to its average volume of 2,191,021. The stock has a market capitalization of $419.02 billion, a P/E ratio of 45.48, a P/E/G ratio of 3.95 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's fifty day simple moving average is $931.59 and its 200 day simple moving average is $963.90. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11.

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

Key Costco Wholesale News

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

• Positive Sentiment: Costco’s cash balance continues to build, raising speculation that the company could announce another special dividend or otherwise return additional capital to shareholders later this year. Costco's Cash Pile Keeps Building
• Positive Sentiment: Digital sales exceeded $33 billion in fiscal 2026, with faster delivery, personalization and AI-powered search supporting Costco’s e-commerce expansion and providing another avenue for revenue growth. Costco's Digital Sales Top $33 Billion
• Positive Sentiment: Fiscal 2026 ended with 84.1 million paid members and a 92.3% U.S. and Canada renewal rate, reinforcing Costco’s competitive moat and recurring membership-fee revenue. Is Costco's Moat Really Worth the Premium?
• Positive Sentiment: Analyst commentary remains constructive, with COST described as a highly ranked growth stock and brokerages assigning an average “Moderate Buy” rating. Costco Is a Top-Ranked Growth Stock
• Neutral Sentiment: A proposed new warehouse in Westfield could support future sales and membership growth, but the project is still under consideration and would not materially affect near-term results. Westfield Considers New Costco Warehouse Proposal
• Negative Sentiment: Investors remain concerned that Costco’s premium valuation leaves limited room for error, particularly as tariffs and other economic pressures threaten merchandise margins. Costco Stock Could Surprise Investors

Insider Buying and Selling

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the company's stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company's stock.

Costco Wholesale 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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