CI Investments Inc. increased its stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 408.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 99,247 shares of the retailer’s stock after buying an additional 79,710 shares during the quarter. CI Investments Inc.’s holdings in Costco Wholesale were worth $98,893,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Diamant Asset Management Inc. increased 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 worth $672,690,000 after acquiring an additional 6,720,130 shares during the last quarter. Norges Bank purchased a new position in shares of Costco Wholesale during the 4th quarter worth $5,195,415,000. Corient Private Wealth LLC boosted its position 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 valued at $5,282,182,000 after acquiring an additional 5,472,968 shares during the last quarter. Cardano Risk Management B.V. boosted its position in shares of Costco Wholesale by 907.1% during the 4th quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock valued at $1,539,346,000 after acquiring an additional 1,607,833 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Costco Wholesale by 1,586.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after purchasing an additional 1,070,005 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Insider Buying and Selling at Costco Wholesale
In related news, Director Kenneth D. Denman sold 885 shares of the 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 transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.
More Costco Wholesale News
- Positive Sentiment: Costco is being praised for its long runway for expansion, with analysts pointing to plans for 26 net-new warehouses in fiscal 2026 and a broader international pipeline. Why Costco’s Warehouse Growth Story Is Far From Over
- Positive Sentiment: New store-opening reports, including more locations coming in 2026 and a new Clarksville site, reinforce Costco’s continued footprint expansion and should support revenue growth expectations. 8 more Costco stores are coming in 2026. Is Ohio getting one? Costco coming to Freedom Farms in Clarksville
- Positive Sentiment: Costco’s pharmacy and prescription-service expansion could make memberships more valuable and increase customer loyalty and visit frequency. Costco expands pharmacy, prescription services for members
- Positive Sentiment: Coverage around new premium items, such as Laifen hair dryers in stores, suggests Costco is still expanding its product assortment and strengthening its appeal to higher-spending members. Costco (COST) Brings Laifen Hair Dryer To Stores In Its Biggest US Retail Push
- Neutral Sentiment: Several articles framed Costco as a strong long-term compounder and a potential future trillion-dollar company, which is supportive sentiment but not a near-term catalyst. Prediction: Costco Will Join the $1 Trillion Club by 2033
- Neutral Sentiment: Other commentary focused on Costco as a high-quality dividend or retirement holding, while also noting valuation concerns versus peers; this keeps the stock in the spotlight but does not change the business outlook immediately. Costco Is a Compelling Investment Opportunity, but This Stock Could Be an Even Better Buy Costco Is a No-Brainer Buy for Retirement Investors Right Now
- Negative Sentiment: Some coverage highlighted that COST has pulled back from recent highs and remains expensive on earnings metrics, which may be weighing on near-term trading. Price Prediction: Will Costco Hit a New-High This Year?
- Negative Sentiment: One report noted the stock edged lower even as Costco reportedly plans standalone gas stations, suggesting investors may be taking a cautious approach to the expansion news. Costco Stock (COST) Drops despite Bet on Stand-Alone Gas Stations in Sales Push
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada initiated coverage on shares of Costco Wholesale in a research report on Monday, July 13th. They set a “sector perform” rating and a $1,000.00 price objective for the company. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Sanford C. Bernstein lifted their price target on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Finally, Mizuho set a $1,100.00 price objective on Costco Wholesale in a report on Monday, June 1st. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,059.07.
Read Our Latest Report on Costco Wholesale
Costco Wholesale Stock Down 0.7%
Shares of COST opened at $929.22 on Wednesday. The company’s 50-day moving average price is $972.60 and its 200 day moving average price is $979.28. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. 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 firm has a market cap of $412.09 billion, a P/E ratio of 46.74, a price-to-earnings-growth ratio of 4.52 and a beta of 0.88.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The company had revenue of $70.53 billion for the quarter, compared to analysts’ expectations of $70.12 billion. During the same period last year, the business earned $4.28 EPS. On average, sell-side analysts forecast that Costco Wholesale Corporation will post 20.42 earnings per share for the current year.
Costco Wholesale Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, July 24th. Costco Wholesale’s dividend payout ratio is currently 29.58%.
Costco Wholesale Profile
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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