Prosperitas Financial LLC Takes $4.53 Million Position in Costco Wholesale Corporation $COST

Key Points

• Prosperitas Financial acquired 4,846 Costco shares worth approximately $4.53 million, making COST its 24th-largest holding and representing about 1.5% of its portfolio. Institutional investors collectively own 68.48% of Costco.
• Costco reported strong operating momentum, with fourth-quarter net sales rising 11.3% year over year to $93.9 billion and digitally enabled comparable sales increasing 19.5%; August sales also grew 9.9%.
• Analysts maintain a generally positive outlook, with 21 Buy, 12 Hold, and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $1,056.90. A director separately sold 885 shares, reducing his holdings by 15.62%.

Prosperitas Financial LLC acquired a new position in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,846 shares of the retailer's stock, valued at approximately $4,533,000. Costco Wholesale comprises about 1.5% of Prosperitas Financial LLC's holdings, making the stock its 24th largest position.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE acquired a new stake in Costco Wholesale during the second quarter worth about $6,781,946,000. Diamant Asset Management Inc. lifted its stake in shares of Costco Wholesale by 99,278.0% in the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer's stock valued at $672,690,000 after purchasing an additional 6,720,130 shares in the last quarter. Norges Bank acquired a new position in shares of Costco Wholesale in the 4th quarter valued at about $5,195,415,000. Corient Private Wealth LLC grew its holdings in shares of Costco Wholesale by 838.9% during the 4th 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 period. Finally, Legal & General Group Plc acquired a new stake in Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

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

Insiders Place Their Bets

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 of the company's stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

COST has been the topic of a number of recent research reports. Citigroup initiated coverage on shares of Costco Wholesale in a research report on Thursday, June 18th. They set a "neutral" rating and a $1,020.00 price target on the stock. BTIG Research reissued a "buy" rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a research report on Thursday, September 3rd. Mizuho set a $1,100.00 target price on shares of Costco Wholesale in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $1,091.00 target price on shares of Costco Wholesale in a report on Friday. Finally, DA Davidson reaffirmed a "neutral" rating and set a $1,000.00 price target on shares of Costco Wholesale in a research report on Thursday, September 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,056.90.

Costco Wholesale Price Performance

COST opened at $915.74 on Tuesday. The firm has a market cap of $406.11 billion, a price-to-earnings ratio of 46.06, a PEG ratio of 3.80 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. The firm's 50-day simple moving average is $942.96 and its 200-day simple moving average is $976.78. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50.

Costco Wholesale Announces Dividend

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

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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