Park National Corp OH trimmed its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 9.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,235 shares of the retailer’s stock after selling 3,516 shares during the period. Park National Corp OH’s holdings in Costco Wholesale were worth $30,255,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Adelphi Trust Co increased its stake in shares of Costco Wholesale by 114.7% in the 3rd quarter. Adelphi Trust Co now owns 2,409 shares of the retailer’s stock valued at $2,193,000 after acquiring an additional 1,287 shares during the last quarter. Heartwood Wealth Advisors LLC increased its stake in Costco Wholesale by 4.2% in the third quarter. Heartwood Wealth Advisors LLC now owns 1,199 shares of the retailer’s stock valued at $1,092,000 after purchasing an additional 48 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Costco Wholesale by 120.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 34,972 shares of the retailer’s stock valued at $31,836,000 after purchasing an additional 19,074 shares in the last quarter. Polaris Financial Partners acquired a new stake in Costco Wholesale in the third quarter worth $3,408,000. Finally, CX Institutional increased its position in shares of Costco Wholesale by 103.0% in the 3rd quarter. CX Institutional now owns 13,977 shares of the retailer’s stock valued at $12,724,000 after buying an additional 7,091 shares in the last quarter. 68.48% of the stock is owned by institutional investors.
Insider Buying and Selling at Costco Wholesale
In related news, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the sale, the executive vice president owned 7,134 shares of the company’s stock, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on COST
Costco Wholesale Stock Up 0.4%
Shares of COST traded up $3.70 during mid-day trading on Monday, hitting $924.35. 701,622 shares of the company’s stock were exchanged, compared to its average volume of 2,192,924. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50. The company has a market cap of $409.93 billion, a PE ratio of 44.54, a P/E/G ratio of 3.93 and a beta of 0.88. The company has a 50-day simple moving average of $932.76 and a 200 day simple moving average of $964.72.
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings data on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The business had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. During the same quarter in the previous year, the firm posted $5.87 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, research analysts forecast that Costco Wholesale Corporation will post 22.86 earnings per share for the current fiscal year.
Costco Wholesale Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s dividend payout ratio is currently 28.32%.
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Strong momentum and fundamentals: Zacks ranks COST among its top momentum stocks. Recent results also showed earnings and revenue above expectations, while fiscal 2026 revenue rose 8.1% to $276.4 billion, membership-fee revenue reached $5.3 billion, and return on invested capital exceeded 28%. Zacks momentum analysis Insider Monkey fundamentals analysis
- Positive Sentiment: Cash generation remains a key support: Costco generated approximately $9.39 billion in fiscal 2026 free cash flow, reinforcing its ability to fund expansion, dividends, and occasional special dividends. TIKR free cash flow analysis
- Positive Sentiment: Expansion and member appeal: A newly opened Kansas City-area warehouse attracted strong customer traffic, while new member perks could support retention and spending. Analysts also see Costco’s pricing and value proposition as a competitive advantage over traditional grocery chains. Kansas City warehouse opening Costco member perks
- Neutral Sentiment: Upcoming catalyst: Costco is scheduled to report September sales after the market closes on October 7. The report will indicate whether recent moderation in comparable sales is temporary or becoming a broader trend.
- Negative Sentiment: Valuation remains a risk: One analysis downgraded COST, arguing that much of its future growth may already be reflected in the share price. Another estimated the stock could be roughly 17% overvalued following recent digital-sales developments. Seeking Alpha rating downgrade Yahoo Finance valuation analysis
- Negative Sentiment: Comparable-sales growth has slowed: Excluding gasoline and foreign-exchange effects, growth declined from 8% in May to 5.4% in August for three consecutive months, increasing the importance of the September update. Costco comparable-sales report
About Costco Wholesale
Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.
Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.
Read More
- Five stocks we like better than Costco Wholesale
- A Manufacturing Surprise Could Be a Big Win for These 2 Companies
- What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions
- 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks
- Insiders Are Selling These 3 Stocks, Should You?
Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
