Petersen Hastings Wealth Advisors Inc. Purchases Shares of 2,303 Costco Wholesale Corporation $COST

Posted by Francis Steltz on Jun 5th, 2026

Petersen Hastings Wealth Advisors Inc. purchased a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 2,303 shares of the retailer’s stock, valued at approximately $1,986,000. Costco Wholesale comprises about 0.2% of Petersen Hastings Wealth Advisors Inc.’s holdings, making the stock its 25th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of COST. Caliber Wealth Management LLC KS boosted its stake in shares of Costco Wholesale by 1.7% during the third quarter. Caliber Wealth Management LLC KS now owns 655 shares of the retailer’s stock valued at $606,000 after purchasing an additional 11 shares during the period. Somerset Group LLC boosted its stake in shares of Costco Wholesale by 0.3% during the third quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock valued at $3,906,000 after purchasing an additional 11 shares during the period. Hughes Financial Services LLC boosted its stake in shares of Costco Wholesale by 4.3% during the third quarter. Hughes Financial Services LLC now owns 268 shares of the retailer’s stock valued at $245,000 after purchasing an additional 11 shares during the period. Bank & Trust Co boosted its stake in shares of Costco Wholesale by 18.3% during the fourth quarter. Bank & Trust Co now owns 71 shares of the retailer’s stock valued at $61,000 after purchasing an additional 11 shares during the period. Finally, LongView Wealth Management boosted its stake in shares of Costco Wholesale by 1.1% during the fourth quarter. LongView Wealth Management now owns 1,025 shares of the retailer’s stock valued at $966,000 after purchasing an additional 11 shares during the period. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $972.59 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $431.49 billion, a P/E ratio of 48.92, a P/E/G ratio of 4.66 and a beta of 0.88. The business has a fifty day simple moving average of $1,006.77 and a two-hundred day simple moving average of $963.93. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50.

Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). The firm had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.72%. During the same period in the prior year, the business posted $4.28 EPS. On average, equities analysts forecast that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a dividend of $1.47 per share. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale’s payout ratio is 29.58%.

Analyst Ratings Changes

A number of research firms have recently weighed in on COST. Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a research note on Friday, February 20th. The Goldman Sachs Group increased their price objective on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Oppenheimer increased their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. HC Wainwright reaffirmed a “buy” rating on shares of Costco Wholesale in a research note on Monday. Finally, Roth Mkm lifted their price target on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a report on Friday, May 29th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average price target of $1,060.41.

Check Out Our Latest Report on Costco Wholesale

Costco Wholesale News Roundup

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

Positive Sentiment: Costco’s May sales came in strong, with revenue up 14.5% year over year and robust comparable-sales growth, reinforcing the company’s momentum in membership-driven retail demand. Article Title
Positive Sentiment: Analysts remain constructive on COST, with TD Cowen, UBS, William Blair, and DA Davidson maintaining bullish or supportive ratings and price targets that imply upside from current levels. Article Title
Positive Sentiment: Costco is expanding higher-margin and traffic-driving initiatives, including exclusive products like Ghost beverages, stronger wellness/self-care sales, and faster same-day delivery and online engagement. Article Title
Positive Sentiment: The company’s gasoline strategy is also boosting store visits, as record fuel volumes and lower-priced gas continue to draw members into warehouses and support overall traffic. Article Title

Insider Buying and Selling

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the transaction, the executive vice president owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Profile

(Free Report)

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.