Nykredit A S Purchases Shares of 121,175 Costco Wholesale Corporation $COST

Key Points

• Nykredit A/S acquired 121,175 Costco shares during the second quarter, establishing a new position valued at approximately $113.4 million. Institutional investors collectively own 68.48% of Costco.
• Costco shares opened at $893.93, below their 50-day and 200-day moving averages, while the stock carries a high valuation with a P/E ratio of 44.97. The company pays a quarterly dividend of $1.47 per share, yielding approximately 0.7%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $1,052.65 price target, though high valuation, margin pressures, rising costs and slowing membership growth remain risks.

Nykredit A S bought a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 121,175 shares of the retailer's stock, valued at approximately $113,356,000.

A number of other institutional investors have also recently bought and sold shares of the business. Palisade Asset Management LLC boosted its holdings in shares of Costco Wholesale by 1.4% during the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer's stock worth $605,000 after acquiring an additional 10 shares during the period. Graybill Wealth Management LTD. grew its position in Costco Wholesale by 0.3% during the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer's stock worth $2,754,000 after acquiring an additional 10 shares during the last quarter. Wealth Effects LLC increased its position in Costco Wholesale by 1.2% in the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer's stock valued at $871,000 after acquiring an additional 10 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. lifted its stake in shares of Costco Wholesale by 1.8% in the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer's stock worth $549,000 after acquiring an additional 10 shares during the period. Finally, First National Bank of Hutchinson increased its position in shares of Costco Wholesale by 0.9% during the first quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer's stock worth $1,094,000 after buying an additional 10 shares during the period. Institutional investors and hedge funds own 68.48% of the company's stock.

Costco Wholesale Price Performance

Shares of COST opened at $893.93 on Friday. The business's fifty day moving average is $936.97 and its 200 day moving average is $971.73. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The stock has a market cap of $396.44 billion, a P/E ratio of 44.97, a P/E/G ratio of 3.72 and a beta of 0.86.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were issued 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 was Friday, July 24th. Costco Wholesale's dividend payout ratio (DPR) is currently 29.58%.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Nationwide delivery expansion: Costco is expanding same-day delivery through DoorDash across U.S. warehouses and Uber Eats across 47 states, reaching nearly 600 locations. The initiative could improve convenience, increase digital sales and support membership retention at a time when membership growth is slowing. Costco and DoorDash Launch Same-Day Delivery in US
• Positive Sentiment: Underlying business remains resilient: UBS highlighted the durability of Costco’s membership-based model, while BofA said its value strategy may help it attract consumers amid economic uncertainty. Fiscal 2026 sales reportedly reached $297.3 billion, up 10.2% year over year. Costco Wholesale's Business Model Remains Durable Ahead of Fiscal Q4
• Positive Sentiment: Continued store growth: Costco announced an opening date for its long-awaited Camarillo, California, warehouse and is expected to open several additional stores, supporting long-term sales and membership expansion. Long-awaited Costco Wholesale Camarillo site gets opening date
• Neutral Sentiment: Earnings are the next major catalyst: Costco will report fiscal fourth-quarter results on September 24. Analysts expect earnings growth but are divided on whether the company can meet estimates, while investors may also watch for a potential special dividend.
• Negative Sentiment: Margin and valuation concerns remain: BofA cut its price target to $1,095 from $1,200 because of rising supply-chain costs, although it maintained a Buy rating. Other commentary warns that Costco’s high earnings multiple and relatively low dividend yield leave limited room for disappointment. Costco faces margin pressure as BofA cuts price target
• Negative Sentiment: Membership trends are a risk: Reports indicate membership declined year over year, making the delivery partnerships an important effort to rebuild engagement. Competition from Aldi and other value-focused retailers could further pressure customer growth.
• Negative Sentiment: Higher input costs: Costco nearly doubled the price of Kirkland motor oil and limited purchases amid global supply pressures, highlighting potential inflationary and customer-satisfaction risks. Costco raises prices of Kirkland motor oil

Analyst Ratings Changes

COST has been the subject of a number of research analyst reports. Roth Capital lifted their target price on Costco Wholesale from $769.00 to $781.00 and gave the stock a "sell" rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $1,091.00 price objective on shares of Costco Wholesale in a research report on Friday, September 4th. JPMorgan Chase & Co. lowered their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, July 9th. Oppenheimer reiterated an "outperform" rating and set a $1,160.00 target price on shares of Costco Wholesale in a research report on Wednesday. Finally, HC Wainwright reissued a "buy" rating on shares of Costco Wholesale in a research note on Monday, June 1st. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Costco Wholesale currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,052.65.

Insider Activity

In other news, Director Kenneth Denman sold 885 shares of the business's stock in a transaction dated 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 directly owned 4,779 shares of the company's stock, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is owned by corporate insiders.

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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