Greenwich Wealth Management LLC Acquires 651 Shares of Costco Wholesale Corporation $COST

Posted by Brenda Bartman on Sep 29th, 2026

Greenwich Wealth Management LLC lifted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 48.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,000 shares of the retailer’s stock after acquiring an additional 651 shares during the period. Greenwich Wealth Management LLC’s holdings in Costco Wholesale were worth $1,871,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of COST. State Street Corp increased its stake in Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock valued at $22,359,224,000 after purchasing an additional 5,749,362 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Costco Wholesale by 11.5% during the first quarter. Bank of America Corp DE now owns 7,515,031 shares of the retailer’s stock valued at $7,488,203,000 after buying an additional 773,651 shares during the last quarter. Diamant Asset Management Inc. grew its holdings in shares of Costco Wholesale by 99,278.0% during the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after buying an additional 6,720,130 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Costco Wholesale by 838.9% in the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock valued at $5,282,182,000 after acquiring an additional 5,472,968 shares during the period. Finally, Invesco Ltd. raised its stake in Costco Wholesale by 3.4% in the 4th quarter. Invesco Ltd. now owns 4,328,729 shares of the retailer’s stock worth $3,732,836,000 after acquiring an additional 143,150 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Key Stories Impacting Costco Wholesale

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

Positive Sentiment: Strong quarterly performance supports the shares. Costco reported fourth-quarter revenue of approximately $95.72 billion, up about 11% year over year, while EPS of $6.75 exceeded consensus estimates. Growth was broad-based across warehouses and digital channels, with gas, pharmacy and travel growing faster than total sales. Costco Q3 Deep Dive
Positive Sentiment: Membership trends remain a key earnings driver. Membership-fee revenue rose roughly 11% to $5.907 billion, while executive membership penetration reached a record level. The recurring, fee-based revenue stream helped support profitability despite operating-cost pressure. Costco Membership Fees
Positive Sentiment: Digital and convenience initiatives are improving Costco’s growth outlook. Digitally enabled sales reportedly exceeded $33 billion and grew more than 20% in fiscal 2026. Rising website and app traffic, along with expanded Uber Eats and DoorDash partnerships, could broaden member engagement after the Costco Next marketplace exit. Costco Digital Growth
Neutral Sentiment: Tariff refunds may provide intermittent fiscal 2027 benefits. However, Costco expects to reinvest much of the proceeds in lower prices, potentially favoring customer traffic more than near-term margins. Tariff Refunds and Costco Earnings
Negative Sentiment: Valuation and analyst caution are limiting upside. Daiwa lowered its price target to $950 and retained a Neutral rating, while Deutsche Bank reduced its target to $1,079 despite keeping a Buy rating. Several firms have cut targets following the earnings beat, highlighting concerns that COST’s premium valuation already reflects much of its strong execution. Daiwa Costco Price Target

Wall Street Analyst Weigh In

COST has been the subject of several research analyst reports. Freedom Broker reduced their price objective on Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating for the company in a research note on Friday. Truist Financial cut their price target on shares of Costco Wholesale from $1,011.00 to $955.00 and set a “hold” rating on the stock in a report on Friday. Weiss Ratings lowered shares of Costco Wholesale from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, September 2nd. Mizuho decreased their price objective on shares of Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating for the company in a research note on Friday. Finally, TD Cowen reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Friday. Twenty-two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,046.27.

View Our Latest Stock Report on Costco Wholesale

Costco Wholesale Price Performance

Costco Wholesale stock traded down $2.43 during trading on Tuesday, reaching $920.49. The company had a trading volume of 940,944 shares, compared to its average volume of 2,194,104. The firm has a market capitalization of $408.22 billion, a PE ratio of 44.33, a price-to-earnings-growth ratio of 3.86 and a beta of 0.86. The firm’s 50-day simple moving average is $933.70 and its 200 day simple moving average is $967.08. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50.

Costco Wholesale (NASDAQ:COST – Get Free Report) last issued its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%.The firm had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. As a group, equities research analysts anticipate that Costco Wholesale Corporation will post 22.57 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s payout ratio is presently 28.32%.

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.