Neville Rodie & Shaw Inc. Sells 3,163 Shares of Costco Wholesale Corporation $COST

Key Points

• Neville Rodie & Shaw cut its Costco stake by 10.4% in the third quarter, selling 3,163 shares and retaining 27,208 shares valued at approximately $24.8 million. Institutional investors and hedge funds collectively own 68.48% of the stock.
• Costco reported stronger-than-expected quarterly results, with EPS of $6.75 and revenue of $95.72 billion, up 11.1% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,046.27.
• Valuation and slowing comparable-sales growth remain concerns: COST trades at roughly 44.5 times earnings, while adjusted comparable-sales growth declined from 8% in May to 5.4% in August ahead of the company’s September sales report.

Neville Rodie & Shaw Inc. reduced its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,208 shares of the retailer's stock after selling 3,163 shares during the quarter. Costco Wholesale makes up 1.7% of Neville Rodie & Shaw Inc.'s investment portfolio, making the stock its 12th biggest holding. Neville Rodie & Shaw Inc.'s holdings in Costco Wholesale were worth $24,769,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new position in Costco Wholesale in the second quarter valued at approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Costco Wholesale in the 4th quarter valued at $27,000. Burk Holdings LLC purchased a new position in shares of Costco Wholesale in the 2nd quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in Costco Wholesale during the 2nd quarter worth $30,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in Costco Wholesale during the 4th quarter worth $28,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Key Costco Wholesale News

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

• Positive Sentiment: Strong momentum and fundamentals: Zacks ranks COST among its top momentum stocks. Recent results also showed earnings and revenue above expectations, while fiscal 2026 revenue rose 8.1% to $276.4 billion, membership-fee revenue reached $5.3 billion, and return on invested capital exceeded 28%. Zacks momentum analysis Insider Monkey fundamentals analysis
• Positive Sentiment: Cash generation remains a key support: Costco generated approximately $9.39 billion in fiscal 2026 free cash flow, reinforcing its ability to fund expansion, dividends, and occasional special dividends. TIKR free cash flow analysis
• Positive Sentiment: Expansion and member appeal: A newly opened Kansas City-area warehouse attracted strong customer traffic, while new member perks could support retention and spending. Analysts also see Costco’s pricing and value proposition as a competitive advantage over traditional grocery chains. Kansas City warehouse opening Costco member perks
• Neutral Sentiment: Upcoming catalyst: Costco is scheduled to report September sales after the market closes on October 7. The report will indicate whether recent moderation in comparable sales is temporary or becoming a broader trend.
• Negative Sentiment: Valuation remains a risk: One analysis downgraded COST, arguing that much of its future growth may already be reflected in the share price. Another estimated the stock could be roughly 17% overvalued following recent digital-sales developments. Seeking Alpha rating downgrade Yahoo Finance valuation analysis
• Negative Sentiment: Comparable-sales growth has slowed: Excluding gasoline and foreign-exchange effects, growth declined from 8% in May to 5.4% in August for three consecutive months, increasing the importance of the September update. Costco comparable-sales report

Insiders Place Their Bets

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction 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 completion of the transaction, the executive vice president owned 7,134 shares in the company, valued at approximately $6,534,244.62. This represents a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Costco Wholesale Stock Performance

Shares of NASDAQ COST traded up $3.98 during mid-day trading on Monday, hitting $924.63. 693,268 shares of the company were exchanged, compared to its average volume of 2,192,924. The company has a quick ratio of 0.62, a current ratio of 1.06 and a debt-to-equity ratio of 0.11. The stock has a 50 day simple moving average of $932.76 and a 200-day simple moving average of $964.72. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. The firm has a market cap of $410.06 billion, a price-to-earnings ratio of 44.53, a price-to-earnings-growth ratio of 3.93 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The business had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. During the same period in the previous year, the business posted $5.87 earnings per share. The business's revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts forecast that Costco Wholesale Corporation will post 22.86 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a $1.47 dividend. The ex-dividend date was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale's payout ratio is 28.32%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Bank of America decreased their price objective on shares of Costco Wholesale from $1,200.00 to $1,095.00 and set a "buy" rating for the company in a research note on Wednesday, September 16th. Freedom Broker cut their target price on Costco Wholesale from $1,030.00 to $1,010.00 and set a "buy" rating on the stock in a research report on Friday, September 25th. Oppenheimer reissued an "outperform" rating and issued a $1,160.00 target price on shares of Costco Wholesale in a report on Wednesday, September 16th. Jefferies Financial Group decreased their target price on Costco Wholesale from $1,130.00 to $1,100.00 in a research report on Friday, September 25th. Finally, Raymond James Financial dropped their price target on Costco Wholesale from $1,100.00 to $1,050.00 and set an "outperform" rating on the stock in a research note on Friday, September 25th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Costco Wholesale presently has an average rating of "Moderate Buy" and an average price target of $1,046.27.

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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