Focus Partners Wealth Has $258.43 Million Stock Holdings in Costco Wholesale Corporation $COST

Key Points

• Focus Partners Wealth increased its stake in Costco by 6.0% to 279,463 shares, valuing the position at approximately $258.43 million per its latest 13F filing.
• Costco delivered a fiscal Q2 revenue and EPS beat with membership growth supporting momentum, and analysts rate the stock a consensus Moderate Buy with an average target of $1,039.13, but the company faces a legal overhang from proposed tariff‑refund class‑action lawsuits.

Focus Partners Wealth lifted its position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 6.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 279,463 shares of the retailer's stock after purchasing an additional 15,854 shares during the period. Focus Partners Wealth owned about 0.06% of Costco Wholesale worth $258,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Soundwatch Capital LLC boosted its position in Costco Wholesale by 635.7% during the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer's stock worth $25,000 after buying an additional 2,206 shares during the period. Hurley Capital LLC increased its position in Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer's stock valued at $31,000 after acquiring an additional 18 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale in the 3rd quarter valued at approximately $34,000. Collier Financial bought a new position in shares of Costco Wholesale during the third quarter valued at $35,000. Finally, AXS Investments LLC bought a new position in shares of Costco Wholesale during the third quarter valued at $36,000. Institutional investors and hedge funds own 68.48% of the company's stock.

Wall Street Analyst Weigh In

COST has been the topic of several analyst reports. Oppenheimer boosted their price objective on shares of Costco Wholesale from $1,050.00 to $1,100.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. DA Davidson reaffirmed a "neutral" rating and set a $1,000.00 target price on shares of Costco Wholesale in a research report on Friday, March 6th. Mizuho lifted their target price on Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an "outperform" rating in a report on Tuesday, February 3rd. TD Cowen reiterated a "buy" rating on shares of Costco Wholesale in a research report on Friday, March 6th. Finally, UBS Group set a $1,175.00 price target on Costco Wholesale in a research note on Friday, March 6th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $1,039.13.

Key Costco Wholesale News

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

• Positive Sentiment: Q2 beat and membership strength: Costco reported stronger-than-expected FQ2 results (revenue and EPS beats) and management highlighted membership growth and traffic as key drivers, underpinning confidence in recurring fee income and sales momentum. Costco Reports $68.24B FQ2 Sales
• Positive Sentiment: Membership mix and premium sign‑ups: Executive membership growth (near 40M members, +~9%) supports higher-margin recurring fee income and may sustain revenue per member. This is a structural tailwind for margins and cash flow. Is a $130 Costco executive membership the new VIP status?
• Positive Sentiment: In‑warehouse innovation and product drops: Expanded in‑warehouse experiences, curated product drops (e.g., fashion/brand collaborations) and new assortments (including third‑party brands like Hiboy e‑bikes) are helping traffic and impulse sales. Costco Expands In‑Warehouse Experiences Hiboy C1 E‑Bike Lands at Costco
• Neutral Sentiment: Digital growth and traffic resilience: Management says digital sales and e‑commerce expansion remain contributors to growth, but macro headwinds (e.g., energy-driven pressure on discretionary budgets) add uncertainty to near‑term sales cadence. Costco Says Shoppers Are Still Spending Rising gas prices could offset tax refunds
• Neutral Sentiment: Insider sale: An EVP disclosed a sale of ~730 shares; the size is immaterial relative to Costco’s market cap and does not signal a clear change in insider confidence. Executive Form 4
• Negative Sentiment: Tariff‑refund lawsuits create legal overhang: Multiple proposed class‑action suits allege Costco must pass along refunds to customers after the Supreme Court struck down certain Trump‑era tariffs; plaintiffs seek substantial recoveries and class status, introducing potential liability, administrative burden and PR risk until resolved. Reuters: Costco customers sue
• Negative Sentiment: Complex legal landscape: Coverage notes the situation is “messy” — Costco has also pursued government action to recover tariff amounts, but parallel suits against the company could keep volatility and headline risk elevated until legal outcomes and any government refunds are clarified. Barron's: Tariff refunds are getting messy

Costco Wholesale Stock Performance

COST stock opened at $1,008.43 on Monday. The firm has a market cap of $447.39 billion, a PE ratio of 52.44, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average price of $975.52 and a 200-day moving average price of $937.05. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,067.08.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its earnings results on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, beating the consensus estimate of $4.55 by $0.03. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The company had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. During the same quarter in the prior year, the company earned $4.02 EPS. The firm's revenue for the quarter was up 9.2% compared to the same quarter last year. As a group, equities research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale's dividend payout ratio is presently 27.04%.

Insider Activity

In related news, EVP Javier Polit sold 2,049 shares of the business's stock in a transaction on Monday, December 29th. The shares were sold at an average price of $867.21, for a total transaction of $1,776,913.29. Following the transaction, the executive vice president owned 10,748 shares in the company, valued at $9,320,773.08. The trade was a 16.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Claudine Adamo sold 730 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the transaction, the executive vice president directly owned 6,121 shares in the company, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 7,645 shares of company stock worth $7,049,302. 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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