Kingsview Wealth Management LLC Buys Shares of 15,501 Costco Wholesale Corporation $COST

Key Points

• Kingsview Wealth Management acquired 15,501 Costco shares worth approximately $14.5 million in the second quarter. Institutional investors and hedge funds collectively own 68.48% of Costco’s stock.
• Analysts maintain a generally positive outlook, with 21 Buy, 12 Hold, and one Sell rating; Costco has a consensus “Moderate Buy” rating and an average price target of $1,056.90.
• Costco shares opened at $915.74, below their 50-day and 200-day moving averages, while the company pays a quarterly dividend of $1.47, or $5.88 annually, yielding approximately 0.6%.

Kingsview Wealth Management LLC bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,501 shares of the retailer's stock, valued at approximately $14,501,000.

A number of other institutional investors have also made changes to their positions in COST. C M Bidwell & Associates Ltd. acquired a new stake in Costco Wholesale in the 2nd quarter valued at approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Costco Wholesale during the fourth quarter worth $27,000. Burk Holdings LLC purchased a new position in shares of Costco Wholesale during the second quarter worth $30,000. Manning & Napier Advisors LLC purchased a new position in shares of Costco Wholesale during the second quarter worth $30,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Costco Wholesale in the fourth quarter valued at $28,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. TD Cowen reiterated a "buy" rating and issued a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $1,091.00 target price on shares of Costco Wholesale in a research report on Friday. Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a research note on Monday, June 1st. Roth Capital increased their price target on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a "sell" rating in a research report on Friday, May 29th. Finally, Citigroup assumed coverage on shares of 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. Twenty-one 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 stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of "Moderate Buy" and an average target price of $1,056.90.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $915.74 on Tuesday. The business has a 50-day simple moving average of $942.96 and a 200-day simple moving average of $976.78. 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 one year low of $844.06 and a one year high of $1,096.50. The company has a market cap of $406.11 billion, a PE ratio of 46.06, a P/E/G ratio of 3.80 and a beta of 0.86.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale's dividend payout ratio is currently 29.58%.

Costco Wholesale News Roundup

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

Insider Activity at Costco Wholesale

In other news, Director Kenneth Denman sold 885 shares of the firm's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.10% of the company's stock.

Costco Wholesale Company Profile

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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