Manchester Financial Inc. Sells 520 Shares of Costco Wholesale Corporation $COST

Posted by Geri Gentry on Jun 12th, 2026

Manchester Financial Inc. reduced its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,343 shares of the retailer’s stock after selling 520 shares during the quarter. Costco Wholesale makes up about 0.7% of Manchester Financial Inc.’s holdings, making the stock its 26th largest position. Manchester Financial Inc.’s holdings in Costco Wholesale were worth $3,745,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of COST. Cowa LLC bought a new stake in shares of Costco Wholesale in the fourth quarter valued at $246,000. Buckley Wealth Management LLC raised its stake in shares of Costco Wholesale by 8.3% in the fourth quarter. Buckley Wealth Management LLC now owns 14,085 shares of the retailer’s stock valued at $12,147,000 after buying an additional 1,079 shares during the period. Absolute Capital Management LLC raised its stake in shares of Costco Wholesale by 0.6% in the fourth quarter. Absolute Capital Management LLC now owns 2,202 shares of the retailer’s stock valued at $1,899,000 after buying an additional 14 shares during the period. Sumitomo Mitsui Financial Group Inc. raised its stake in shares of Costco Wholesale by 6.8% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 10,604 shares of the retailer’s stock valued at $9,144,000 after buying an additional 679 shares during the period. Finally, Xponance LLC raised its stake in shares of Costco Wholesale by 4.9% in the fourth quarter. Xponance LLC now owns 122,431 shares of the retailer’s stock valued at $105,577,000 after buying an additional 5,730 shares during the period. 68.48% of the stock is currently owned by institutional investors.

More Costco Wholesale News

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

Positive Sentiment: Analysts at Erste Group Bank raised their earnings estimates for Costco, lifting FY2026 EPS to $20.49 and FY2027 EPS to $22.61, slightly above prior forecasts and reinforcing confidence in Costco’s long-term earnings power.
Positive Sentiment: Jim Cramer said he thinks investors should “buy some here,” adding another public bullish call on Costco and keeping the stock in focus as a defensive long-term holding.
Positive Sentiment: Multiple commentary pieces highlighted Costco’s membership-fee model as a durable, recurring-revenue engine, which continues to appeal to investors looking for steady compounding and defensive growth.
Positive Sentiment: Costco’s CEO is set to receive a leadership honor for advancing women in corporate governance, adding a modest ESG/governance positive for institutional investors.
Neutral Sentiment: Articles noted that Costco allows some shopping without a membership in the U.S., a consumer-facing detail that may support traffic but is not likely to materially change fundamentals on its own. Confirmed: Costco Reveals the Only Way to Shop Without a Membership Anywhere in the United States
Neutral Sentiment: Costco is fighting a lawsuit over claims that its $5 rotisserie chicken is falsely advertised as having “no preservatives,” which creates headline risk but has not yet been shown to affect operations. Costco fires back over lawsuit tied to iconic product as shoppers claim false advertising
Negative Sentiment: Commentary comparing Costco with Dollar Tree suggested tighter consumer budgets could increase competition on value, which may pressure pricing power at the margin if shoppers trade down.

Costco Wholesale Trading Down 0.8%

Shares of Costco Wholesale stock opened at $975.69 on Friday. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The company has a market cap of $432.70 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 4.76 and a beta of 0.88. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The company’s 50-day moving average price is $1,005.62 and its 200-day moving average price is $966.63.

Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. During the same period in the previous year, the company posted $4.28 earnings per share. On average, equities analysts expect that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a dividend of $1.47 per share. The ex-dividend date was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is presently 29.58%.

Analyst Upgrades and Downgrades

COST has been the topic of several research reports. BTIG Research restated a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a research note on Friday, May 29th. Truist Financial lifted their price target on Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a research report on Friday, May 29th. Telsey Advisory Group lifted their price target on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a research report on Thursday, April 9th. Weiss Ratings upgraded Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Finally, Rothschild & Co Redburn upped their price target on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,060.41.

View Our Latest Report on COST

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.