Worldly Partners Management LLC Has $40.48 Million Holdings in Costco Wholesale Corporation $COST

Key Points

• Worldly Partners Management reduced its Costco position by 13.2% in the second quarter, selling 6,606 shares. It still held 43,268 shares worth approximately $40.48 million, representing 33.1% of the fund’s portfolio.
• Institutional ownership remains high at 68.48%, while analyst sentiment is broadly positive: Costco has a “Moderate Buy” consensus rating from 35 analysts and an average price target of $1,056.03, despite one recent downgrade to “hold.”
• Costco shares opened at $904.77, below their 12-month high of $1,096.50, and trade at a relatively high P/E ratio of 45.51. The company recently paid a quarterly dividend of $1.47, equivalent to a 0.6% annualized yield.

Worldly Partners Management LLC lowered its position in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 13.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,268 shares of the retailer's stock after selling 6,606 shares during the period. Costco Wholesale accounts for 33.1% of Worldly Partners Management LLC's portfolio, making the stock its 2nd largest holding. Worldly Partners Management LLC's holdings in Costco Wholesale were worth $40,476,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in COST. Geode Capital Management LLC boosted its holdings in Costco Wholesale by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 10,388,519 shares of the retailer's stock worth $8,919,573,000 after purchasing an additional 26,690 shares in the last quarter. Morgan Stanley raised its holdings in Costco Wholesale by 1.1% during the fourth quarter. Morgan Stanley now owns 9,523,423 shares of the retailer's stock valued at $8,212,433,000 after buying an additional 107,775 shares in the last quarter. Bank of America Corp DE raised its holdings in 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 buying an additional 773,651 shares in the last quarter. Diamant Asset Management Inc. lifted its position in shares of Costco Wholesale by 99,278.0% in the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer's stock worth $672,690,000 after buying an additional 6,720,130 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Costco Wholesale by 838.9% in the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer's stock worth $5,282,182,000 after buying an additional 5,472,968 shares during the last quarter. Institutional investors own 68.48% of the company's stock.

Analyst Upgrades and Downgrades

COST has been the subject of several recent analyst reports. Weiss Ratings downgraded Costco Wholesale from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein set a $1,144.00 target price on Costco Wholesale in a report on Friday, September 4th. The Goldman Sachs Group boosted their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Bank of America upped their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. lowered their price target on Costco Wholesale from $1,110.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, July 9th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Costco Wholesale currently has an average rating of "Moderate Buy" and a consensus price target of $1,056.03.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the firm's stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the sale, the director 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company's stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco’s recent August and fourth-quarter fiscal 2026 sales results supported an analyst upgrade from “hold” to “buy,” accompanied by a $1,030 price target. The data were viewed as evidence of resilient consumer demand and improving visibility into retail trends. Analyst upgrade following sales reports
• Positive Sentiment: Several analysts maintain substantially higher targets, including targets of $1,100 to $1,200, arguing that Costco’s membership model, recurring sales, and execution could support further valuation upside. Costco price prediction
• Positive Sentiment: Coverage highlights Costco’s ability to compete with Walmart and Amazon, while planned warehouse openings—including a reported $42 million Texas development and additional U.S. and Canadian locations—could expand its membership and sales base. Costco competition and growth
• Positive Sentiment: An Accenture survey suggests consumers may begin holiday shopping unusually early and spend more than in 2025, a potentially favorable backdrop for Costco’s seasonal merchandise and grocery sales. Holiday shopping outlook
• Neutral Sentiment: Brokerage coverage remains favorable overall, with Costco carrying an average “Moderate Buy” rating, but the stock’s elevated valuation means continued earnings and sales growth may be required to justify further gains. Costco brokerage rating
• Neutral Sentiment: New warehouse projects and relocations should support long-term expansion, although local traffic concerns around one planned location could delay or complicate development. Lee’s Summit Costco development
• Negative Sentiment: Costco shares have closed lower for eight consecutive sessions, raising concerns about a technical or valuation-driven correction despite strong operating results.
• Negative Sentiment: Recent insider activity consisted of two sales and no purchases, while reports that Costco is rationing motor oil point to potential product-availability and supply-chain pressures.

Costco Wholesale Price Performance

NASDAQ COST opened at $904.77 on Monday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The stock has a market cap of $401.25 billion, a PE ratio of 45.51, a PEG ratio of 3.77 and a beta of 0.86. The firm has a 50-day simple moving average of $940.09 and a 200 day simple moving average of $974.42. 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 Dividend Announcement

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

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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