KMG Fiduciary Partners LLC Sells 1,502 Shares of Costco Wholesale Corporation $COST

Posted by George Bondi on Aug 11th, 2026

KMG Fiduciary Partners LLC lowered its position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 14.5% in the second quarter, HoldingsChannel.com reports. The fund owned 8,847 shares of the retailer’s stock after selling 1,502 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Costco Wholesale were worth $8,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. World Investment Advisors boosted its position in Costco Wholesale by 8.4% during the fourth quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock worth $15,835,000 after purchasing an additional 1,560 shares during the period. Teacher Retirement System of Texas raised its position in shares of Costco Wholesale by 24.5% in the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock valued at $121,098,000 after purchasing an additional 27,625 shares during the period. Sarasin & Partners LLP lifted its stake in shares of Costco Wholesale by 6.9% during the 2nd quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer’s stock worth $200,372,000 after buying an additional 13,795 shares during the last quarter. Perryman Financial Advisory Inc. AD acquired a new stake in shares of Costco Wholesale during the 4th quarter worth about $9,300,000. Finally, Oak Ridge Investments LLC boosted its holdings in shares of Costco Wholesale by 7.3% during the 4th quarter. Oak Ridge Investments LLC now owns 22,117 shares of the retailer’s stock worth $19,072,000 after buying an additional 1,496 shares during the period. Institutional investors own 68.48% of the company’s stock.

More Costco Wholesale News

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

Positive Sentiment: Costco reported July net sales of $23.12 billion, up 10.7% year over year. Comparable sales increased 8.9% overall and 10.3% in the United States, indicating resilient consumer demand and continued traffic strength. Costco Delivered Another Strong Sales Print in July
Positive Sentiment: Analysts highlighted Costco’s value-focused pricing, quality merchandise, broad warehouse footprint and strong digitally enabled sales as advantages in a cautious consumer environment. The results suggest momentum could continue into the second half of the year. Can Costco Keep Its Sales Momentum Going After a Solid July?
Positive Sentiment: Costco may add another warehouse in North Texas, signaling continued investment in store expansion. More locations could increase membership growth, sales and operating scale, although the potential site is not yet confirmed. Costco May Add Another Store in North Texas
Neutral Sentiment: Coverage of Costco’s rapid store construction points to an efficient expansion process, potentially helping the company open warehouses faster and capture demand, though it does not represent a new financial result. The Secret Behind Why Costco Stores Get Built So Fast
Neutral Sentiment: Analyst coverage continues to emphasize Costco’s membership strength and growth opportunities, but the shares remain valued at a premium. Costco’s roughly 48 price-to-earnings ratio leaves less room for disappointment if sales growth slows or margins weaken. Top Analyst Reports for Costco, Chevron and Home Depot
Negative Sentiment: Investors are still watching whether Costco can sustain its rapid sales pace after July. Its recent quarterly EPS slightly missed estimates, adding sensitivity to the upcoming earnings report despite a revenue beat. Can Costco Keep Its Sales Momentum Going After a Solid July?

Insiders Place Their Bets

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction dated 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 represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $952.75 on Tuesday. The firm has a market cap of $422.53 billion, a PE ratio of 47.93, a price-to-earnings-growth ratio of 4.51 and a beta of 0.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The stock’s fifty day moving average price is $950.64 and its two-hundred day moving average price is $982.05. 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 earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The company had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter in the previous year, the company posted $4.28 earnings per share. As a group, research analysts expect that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 29.58%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Roth Capital upped their price target on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research note on Friday, May 29th. Sanford C. Bernstein raised their price objective on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Bank of America upped their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Mizuho set a $1,100.00 target price on Costco Wholesale in a research note on Monday, June 1st. Finally, Oppenheimer increased their target price on Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average target price of $1,059.53.

Check Out Our Latest Stock Analysis on Costco Wholesale

Costco Wholesale Company 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.