W.G. Shaheen & Associates DBA Whitney & Co Purchases 1,452 Shares of Costco Wholesale Corporation $COST

Posted by George Bondi on Jul 17th, 2026

W.G. Shaheen & Associates DBA Whitney & Co boosted its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 12.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,461 shares of the retailer’s stock after buying an additional 1,452 shares during the period. Costco Wholesale makes up approximately 1.1% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 27th largest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Costco Wholesale were worth $13,413,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $27,000. Lifetime Wealth Management P.C. acquired a new position in Costco Wholesale during the fourth quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. bought a new stake in Costco Wholesale during the fourth quarter worth $28,000. Entrust Financial LLC bought a new stake in Costco Wholesale during the fourth quarter worth $31,000. Finally, Joseph Group Capital Management bought a new stake in Costco Wholesale during the fourth quarter worth $33,000. 68.48% of the stock is owned by institutional investors.

Trending Headlines about Costco Wholesale

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

Positive Sentiment: Costco is set to go ex-dividend on Friday, July 24, with the payout scheduled for August 7, which may be supporting near-term interest from income-focused investors. 2 Well-Known Stocks Are Ready to Pay You Dividends – But You Must Act Before July 24
Positive Sentiment: New articles highlighted Costco’s strong long-term performance and continued consumer demand, reinforcing the view that the retailer remains a high-quality defensive name. Verizon to Lay Off 3,000 Workers as Part of Broader Restructuring
Neutral Sentiment: One report said Costco’s June sales growth slowed, but also noted resilient demand, digital gains, and rising estimates; the takeaway was mixed rather than clearly negative. Is Costco Stock Still a Buy After Its June Sales Update?
Neutral Sentiment: Another article argued Costco still looks expensive after its big multi-year run, which keeps valuation concerns in focus for investors. Costco (COST) Stock Still Looks Overvalued As Its 133% Run Draws Scrutiny
Neutral Sentiment: Several other stories were broadly informational, including dividend math, comparisons with Walmart, warehouse expansion chatter, and consumer-product placement at Costco, but they do not appear to be major stock drivers on their own. Here’s How Many Shares of Costco Stock You’d Need for $1,000 in Yearly Dividends

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on COST. Wells Fargo & Company lifted their price target on Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th. UBS Group increased their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Roth Capital upped their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada initiated coverage on shares of Costco Wholesale in a research note on Monday. They issued a “sector perform” rating and a $1,000.00 price objective for the company. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and a consensus target price of $1,059.07.

Check Out Our Latest Report on Costco Wholesale

Insider Buying and Selling

In related news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale 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 sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale Price Performance

Shares of COST opened at $945.57 on Friday. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The stock has a market cap of $419.34 billion, a PE ratio of 47.56, a PEG ratio of 4.44 and a beta of 0.88. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The business has a 50-day simple moving average of $977.09 and a two-hundred day simple moving average of $977.80.

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

Costco Wholesale Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is 29.58%.

About Costco Wholesale

(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.