IPG Investment Advisors LLC Lowers Position in Costco Wholesale Corporation $COST

Key Points

• IPG Investment Advisors reduced its Costco stake by 28.4% in the second quarter, selling 1,574 shares and retaining 3,975 shares valued at approximately $3.7 million.
• Institutional investors own 68.48% of Costco, while the stock opened at $901.35 with a market capitalization of about $399.7 billion. Costco also pays a quarterly dividend of $1.47 per share, yielding 0.7%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $1,056.03 price target, although higher fuel costs and inflationary pressures could weigh on near-term margins.

IPG Investment Advisors LLC cut its stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 28.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,975 shares of the retailer's stock after selling 1,574 shares during the period. IPG Investment Advisors LLC's holdings in Costco Wholesale were worth $3,718,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Costco Wholesale by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 10,388,519 shares of the retailer's stock valued at $8,919,573,000 after purchasing an additional 26,690 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Costco Wholesale by 11.5% during the first quarter. Bank of America Corp DE now owns 7,515,031 shares of the retailer's stock valued at $7,488,203,000 after purchasing an additional 773,651 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Costco Wholesale by 838.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer's stock worth $5,282,182,000 after purchasing an additional 5,472,968 shares during the last quarter. Norges Bank purchased a new position in Costco Wholesale during the fourth quarter worth about $5,195,415,000. Finally, Invesco Ltd. grew its position in Costco Wholesale by 3.4% in the 4th quarter. Invesco Ltd. now owns 4,328,729 shares of the retailer's stock worth $3,732,836,000 after purchasing an additional 143,150 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Stock Performance

NASDAQ COST opened at $901.35 on Wednesday. The company has a market capitalization of $399.73 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The company has a 50-day simple moving average of $938.54 and a 200 day simple moving average of $973.21.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, July 24th. Costco Wholesale's dividend payout ratio is currently 29.58%.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Costco plans to open 10 new warehouses over the next two months, supporting long-term membership growth, sales expansion and geographic reach. Costco has 10 new stores opening in the next two months
• Positive Sentiment: E-commerce sales increased 17.9% in August and 20.9% for fiscal 2026, indicating that digital operations are becoming a meaningful additional growth engine alongside Costco’s warehouses. Costco's E-commerce Momentum Keeps Its Growth Engine Running
• Neutral Sentiment: Costco is scheduled to report fiscal fourth-quarter results later this month, making upcoming sales, membership and margin trends important near-term catalysts. Should You Buy Costco Stock Before Sept. 24?
• Negative Sentiment: Costco nearly doubled the price of a 10-quart case of Kirkland Signature motor oil to $57.99 and limited purchases amid an oil-supply crunch. The move highlights inflationary pressure across consumer goods and could weigh on customer sentiment, even though higher prices may protect some revenue. Costco hikes motor oil prices and puts limits on how much members can buy
• Negative Sentiment: RBC expects higher fuel costs to pressure Costco’s core gross margin in the fourth quarter. Tariff refunds may offset much of the impact, but the mixed outlook reinforces concerns about near-term earnings quality. Costco Gross Margin Pressure From Higher Fuel Costs Likely to be Offset by Tariff Refunds, RBC Says

Insider Activity

In other news, Director Kenneth Denman sold 885 shares of the firm's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares in the company, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on COST. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $1,091.00 price objective on shares of Costco Wholesale in a research note on Friday, September 4th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Costco Wholesale in a report on Tuesday. Guggenheim reaffirmed a "neutral" rating on shares of Costco Wholesale in a research report on Monday, June 1st. Sanford C. Bernstein set a $1,144.00 price target on Costco Wholesale in a research report on Friday, September 4th. Finally, HC Wainwright reiterated a "buy" rating on shares of Costco Wholesale in a report on Monday, June 1st. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,056.03.

About Costco Wholesale

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.

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