Jackson Wealth Management LLC Sells 12,975 Shares of Costco Wholesale Corporation $COST

Posted by Francis Steltz on Sep 10th, 2026

Jackson Wealth Management LLC cut its stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 90.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,350 shares of the retailer’s stock after selling 12,975 shares during the quarter. Costco Wholesale makes up approximately 0.7% of Jackson Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Jackson Wealth Management LLC’s holdings in Costco Wholesale were worth $1,263,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Covington Investment Advisors Inc. lifted its holdings in Costco Wholesale by 1.3% in the second quarter. Covington Investment Advisors Inc. now owns 6,804 shares of the retailer’s stock valued at $6,365,000 after buying an additional 89 shares during the period. Advocacy Wealth Management LLC raised its position in shares of Costco Wholesale by 5.3% in the 2nd quarter. Advocacy Wealth Management LLC now owns 1,562 shares of the retailer’s stock worth $1,461,000 after acquiring an additional 79 shares in the last quarter. American Asset Management Inc. bought a new position in shares of Costco Wholesale in the 2nd quarter worth about $208,000. CTC Alternative Strategies Ltd. acquired a new position in shares of Costco Wholesale in the 2nd quarter valued at about $1,721,000. Finally, Headlands Technologies LLC bought a new stake in shares of Costco Wholesale during the 2nd quarter valued at about $1,378,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Trading Down 0.8%

Shares of Costco Wholesale stock opened at $902.60 on Thursday. The stock has a market capitalization of $400.29 billion, a PE ratio of 45.40, a price-to-earnings-growth ratio of 3.79 and a beta of 0.86. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50. The stock has a 50 day moving average price of $942.01 and a two-hundred day moving average price of $975.58. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 annualized dividend and a yield of 0.7%. Costco Wholesale’s dividend payout ratio (DPR) is presently 29.58%.

Costco Wholesale News Summary

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

Positive Sentiment: Analyst upgrade and expansion support the growth outlook. Freedom Broker upgraded Costco from “hold” to “buy” and assigned a $1,030 price target, implying meaningful upside. Separately, Costco plans to open 14 warehouses in the U.S. and Canada before year-end, which could expand membership, sales and long-term earnings. Freedom Broker upgrade and Costco expansion reports Costco warehouse expansion article
Positive Sentiment: Seasonal merchandising remains a membership benefit. Costco is adding a popular seasonal item to its lineup, reinforcing its strategy of offering limited-time and value-oriented products that can drive store traffic and encourage member purchases. Costco seasonal merchandise article
Neutral Sentiment: Labor practices highlight Costco’s employee-retention advantage. A report about a meat cutter earning $32 per hour with benefits and job security underscores Costco’s reputation for relatively strong employee compensation. That may support service quality and retention, although higher labor costs could pressure margins over time. Costco employee compensation article
Neutral Sentiment: Return-product resale operations provide limited incremental value. Reports that Costco sends some returned merchandise to liquidation auctions reveal a secondary channel for recovering value, but the financial impact appears too small to materially change the investment case. Costco returns and liquidation article
Negative Sentiment: Costco reportedly shut down an online marketplace service. The abrupt closure raises questions about e-commerce execution and could disappoint investors seeking faster digital growth, even if the move ultimately reflects strategic streamlining. Costco online marketplace closure article
Negative Sentiment: Valuation and competitive concerns are weighing on sentiment. Commentary questioning whether Costco has lost some of its competitive edge, along with comparisons to lower-priced dollar stores, adds pressure to an already expensive stock. The recent underperformance makes investors less willing to pay a premium multiple without stronger growth. Costco competitive edge commentary

Analysts Set New Price Targets

Several research firms recently commented on COST. Citigroup began coverage on Costco Wholesale in a research note on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 target price for the company. Truist Financial raised their price objective on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Oppenheimer lifted their price objective on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Finally, Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a report on Monday, June 1st. 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 company. Based on data from MarketBeat, Costco Wholesale has a consensus rating of “Moderate Buy” and a consensus target price of $1,056.03.

View Our Latest Stock Analysis on Costco Wholesale

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the business’s stock in a transaction 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 sale, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Costco Wholesale Profile

(Free Report)

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.