Costco Wholesale Corporation $COST Stock Purchased by Jericho Financial LLP

Key Points

• Jericho Financial increased its Costco stake by 33.4% in the third quarter to 6,961 shares valued at approximately $6.34 million. Institutional investors collectively own 68.48% of Costco’s outstanding stock.
• Analysts maintain a generally positive view, with 23 Buy, nine Hold, and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $1,046.27.
• Costco reported quarterly EPS of $6.75 and revenue of $95.72 billion, exceeding estimates, while September sales rose 13% year over year. However, the stock’s premium valuation—about 46 times earnings—could face pressure from higher bond yields and potentially less favorable gasoline comparisons.

Jericho Financial LLP raised its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 33.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,961 shares of the retailer's stock after purchasing an additional 1,743 shares during the period. Costco Wholesale accounts for approximately 3.4% of Jericho Financial LLP's holdings, making the stock its 15th biggest holding. Jericho Financial LLP's holdings in Costco Wholesale were worth $6,337,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of COST. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Costco Wholesale during the 4th quarter worth $27,000. Lifetime Wealth Management P.C. acquired a new position in shares of Costco Wholesale in the 4th quarter valued at $28,000. C M Bidwell & Associates Ltd. bought a new position in shares of Costco Wholesale in the 2nd quarter worth $28,000. Burk Holdings LLC bought a new position in shares of Costco Wholesale in the 2nd quarter worth $30,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Costco Wholesale during the second quarter worth $30,000. Institutional investors and hedge funds own 68.48% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on COST shares. Truist Financial reduced their target price on Costco Wholesale from $1,011.00 to $955.00 and set a "hold" rating on the stock in a report on Friday, September 25th. Citigroup started coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They issued a "neutral" rating and a $1,020.00 target price for the company. Freedom Broker cut their target price on shares of Costco Wholesale from $1,030.00 to $1,010.00 and set a "buy" rating on the stock in a report on Friday, September 25th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Costco Wholesale from $1,091.00 to $1,079.00 and set a "buy" rating for the company in a research report on Monday, September 28th. Finally, Bank of America lowered their price target on Costco Wholesale from $1,200.00 to $1,095.00 and set a "buy" rating for the company in a report on Wednesday, September 16th. Twenty-three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,046.27.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the sale, the executive vice president owned 7,134 shares in the company, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.10% of the company's stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco’s September net sales rose 13.0% year over year to $30.02 billion, reinforcing evidence of resilient consumer demand. Digital sales increased 19%, supported by expanded delivery options and personalization initiatives. Costco's 19% September Digital Sales Growth Signals Strong Momentum
• Positive Sentiment: A reported $21.3 billion liquidity cushion, manageable debt and robust cash flow give Costco financial flexibility to expand its warehouse network and invest in growth. How Costco's Balance Sheet Gives It an Edge Over Retail Competitors
• Positive Sentiment: Erste Group raised its FY2027 EPS forecast to $22.80 from $22.67 and expects FY2028 EPS of $25.01, signaling continued confidence in Costco’s earnings trajectory. Costco analyst earnings estimates
• Neutral Sentiment: Strong September sales have renewed interest in COST, but investors are questioning whether the stock’s premium valuation—around 46 times earnings—is already pricing in much of the growth. Costco Wholesale Posts 13% September Sales Growth
• Negative Sentiment: The 10-year Treasury yield has reached 5.2%, substantially exceeding Costco’s dividend yield. Higher bond yields can make COST’s income appeal less compelling and increase pressure on its premium valuation. Costco Wholesale Stock Loses to 10-Year U.S. Treasury Notes on Yield
• Negative Sentiment: Some September sales growth may have benefited from elevated gasoline prices, which increase reported fuel revenue. If gas prices decline, the comparison could become less favorable, though lower fuel costs could support margins. What Cheaper Gas Would Mean for Costco’s Sales and Margins

Costco Wholesale Stock Down 0.2%

COST stock traded down $1.58 during trading hours on Tuesday, reaching $957.86. 508,402 shares of the stock were exchanged, compared to its average volume of 2,180,439. The firm's 50-day moving average is $930.81 and its 200-day moving average is $963.26. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a market cap of $424.46 billion, a price-to-earnings ratio of 46.15, a PEG ratio of 4.05 and a beta of 0.88. 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 issued its quarterly 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 for the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company posted $5.87 earnings per share. On average, equities research analysts expect that Costco Wholesale Corporation will post 22.85 earnings per share for the current year.

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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