Field & Main Bank Acquires New Holdings in Costco Wholesale Corporation $COST

Key Points

• Field & Main Bank purchased 4,456 Costco shares during the second quarter, worth approximately $4.17 million. Institutional investors collectively own 68.48% of Costco’s outstanding stock.
• Costco reported strong sales momentum, with fourth-quarter net sales rising 11.3% year over year to $93.9 billion and digitally enabled comparable sales increasing 19.5%; August sales also grew 9.9%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $1,056.90, while Costco pays a quarterly dividend of $1.47 per share.

Field & Main Bank bought a new stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,456 shares of the retailer's stock, valued at approximately $4,168,000.

Other hedge funds also recently bought and sold shares of the company. C M Bidwell & Associates Ltd. purchased a new stake in shares of Costco Wholesale in the 2nd quarter valued at approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Costco Wholesale during the 4th quarter worth approximately $27,000. Burk Holdings LLC purchased a new position in shares of Costco Wholesale during the 2nd quarter worth approximately $30,000. Manning & Napier Advisors LLC acquired a new stake in Costco Wholesale in the 2nd quarter valued at approximately $30,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Costco Wholesale in the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 68.48% of the company's stock.

Key Stories Impacting Costco Wholesale

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

Shares of COST stock opened at $915.74 on Tuesday. The firm has a 50 day moving average of $942.96 and a two-hundred day moving average of $976.78. The stock has a market capitalization of $406.11 billion, a PE ratio of 46.06, a P/E/G ratio of 3.80 and a beta of 0.86. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a $1.47 dividend. 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 presently 29.58%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. DA Davidson restated a "neutral" rating and set a $1,000.00 price target on shares of Costco Wholesale in a research note on Thursday, September 3rd. Citigroup began coverage on Costco Wholesale in a research note on Thursday, June 18th. They issued a "neutral" rating and a $1,020.00 price objective for the company. Sanford C. Bernstein set a $1,144.00 target price on Costco Wholesale in a research note on Friday. BTIG Research reissued a "buy" rating and set a $1,125.00 target price on shares of Costco Wholesale in a research note on Thursday, September 3rd. Finally, The Goldman Sachs Group raised their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a "buy" rating in a report on Friday, May 29th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,056.90.

Insider Transactions at Costco Wholesale

In related news, Director Kenneth Denman sold 885 shares of Costco Wholesale stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.10% of the company's stock.

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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