Sacks & Associates LLC Makes New Investment in Costco Wholesale Corporation $COST

Posted by Francis Steltz on Oct 10th, 2026

Sacks & Associates LLC purchased a new stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,250 shares of the retailer’s stock, valued at approximately $1,138,000.

Several other institutional investors have also recently made changes to their positions in the stock. Dupree Financial Group LLC raised its position in shares of Costco Wholesale by 20.2% during the third quarter. Dupree Financial Group LLC now owns 280 shares of the retailer’s stock worth $255,000 after purchasing an additional 47 shares during the period. Armstrong Advisory Group Inc. grew its position in Costco Wholesale by 5.1% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,113 shares of the retailer’s stock valued at $977,000 after purchasing an additional 54 shares during the period. Jacobs & Co. CA increased its stake in Costco Wholesale by 0.6% during the 3rd quarter. Jacobs & Co. CA now owns 23,824 shares of the retailer’s stock valued at $21,688,000 after purchasing an additional 140 shares in the last quarter. Valley Wealth Managers Inc. increased its stake in Costco Wholesale by 4.2% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,048 shares of the retailer’s stock valued at $954,000 after purchasing an additional 42 shares in the last quarter. Finally, Schaper Benz & Wise Investment Counsel Inc. WI raised its holdings in Costco Wholesale by 13.1% during the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 5,453 shares of the retailer’s stock worth $4,964,000 after buying an additional 633 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Key Headlines Impacting Costco Wholesale

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

Positive Sentiment: Strong September sales momentum: Costco reported approximately $30.02 billion in September net sales, up 13% year over year. Total comparable sales increased 11.4%, U.S. comparable sales rose 12.5%, and digitally enabled sales climbed 19%, supported by stronger traffic and transaction growth. Costco’s September Sales Rise 13% on Strong Comps, Digital Growth
Positive Sentiment: Analysts see improving trends: UBS characterized the September results as evidence of accelerating trends, while Royal Bank of Canada maintained a Sector Perform rating and a $1,000 price target, implying additional upside from recently reported levels. Costco September Sales Point to Accelerating Trends, UBS Says
Neutral Sentiment: Short-interest data is inconclusive: A report lists October short interest at zero shares and a zero-day days-to-cover ratio. That figure appears inconsistent with normal market data and is unlikely to be a meaningful trading signal without confirmation.
Neutral Sentiment: Analyst support remains mixed: DA Davidson reiterated a Hold rating following a warehouse-club tour, indicating that strong operating trends have not yet led all analysts to recommend buying the stock. Costco Stock: Here’s What DA Davidson Found During Its Warehouse Club Tour
Negative Sentiment: Valuation and margin risks temper the sales beat: RBC noted that Costco’s growth may already be reflected in its share price. Analysts also cautioned that gasoline, foreign exchange, and other one-time or lower-margin factors contributed to the September improvement, potentially limiting the impact on earnings and margins. Costco’s Sales Rebound in September Looks Great on Paper

Costco Wholesale Stock Performance

Shares of COST stock opened at $946.92 on Friday. The firm has a 50-day moving average of $930.71 and a 200-day moving average of $963.38. The company has a market cap of $419.94 billion, a P/E ratio of 45.61, a P/E/G ratio of 4.05 and a beta of 0.88. 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 one year low of $844.06 and a one year high of $1,096.50.

Costco Wholesale (NASDAQ:COST – Get Free Report) last released its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $94.97 billion. During the same period in the previous year, the company earned $5.87 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities research analysts forecast that Costco Wholesale Corporation will post 22.86 EPS for the current fiscal year.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the transaction, the executive vice president owned 7,134 shares of the company’s stock, valued at $6,534,244.62. This trade represents a 23.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on COST shares. Oppenheimer reiterated an “outperform” rating and set a $1,160.00 price objective on shares of Costco Wholesale in a report on Wednesday, September 16th. TD Cowen restated a “buy” rating on shares of Costco Wholesale in a report on Friday, September 25th. Citigroup assumed coverage on shares of Costco Wholesale in a research report on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price target on the stock. Bank of America cut their price target on Costco Wholesale from $1,200.00 to $1,095.00 and set a “buy” rating for the company in a research note on Wednesday, September 16th. Finally, Jefferies Financial Group decreased their price objective on Costco Wholesale from $1,130.00 to $1,100.00 in a report on Friday, September 25th. Twenty-three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,046.27.

Read Our Latest Report on COST

About Costco Wholesale

(Free Report)

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.