Danica Pension Livsforsikringsaktieselskab increased its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 190.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,098 shares of the retailer’s stock after buying an additional 38,742 shares during the quarter. Costco Wholesale accounts for approximately 1.1% of Danica Pension Livsforsikringsaktieselskab’s holdings, making the stock its 19th biggest position. Danica Pension Livsforsikringsaktieselskab’s holdings in Costco Wholesale were worth $58,887,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Diamant Asset Management Inc. increased its holdings in shares of Costco Wholesale by 99,278.0% in the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after purchasing an additional 6,720,130 shares during the period. Norges Bank acquired a new stake in shares of Costco Wholesale during the fourth quarter worth approximately $5,195,415,000. Corient Private Wealth LLC boosted its holdings in shares of Costco Wholesale by 838.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after purchasing an additional 5,472,968 shares during the period. Cardano Risk Management B.V. grew its position in Costco Wholesale by 907.1% during the fourth quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer’s stock valued at $1,539,346,000 after purchasing an additional 1,607,833 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Costco Wholesale by 1,586.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer’s stock valued at $980,857,000 after purchasing an additional 1,070,005 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Costco is being praised for its long runway for expansion, with analysts pointing to plans for 26 net-new warehouses in fiscal 2026 and a broader international pipeline. Why Costco’s Warehouse Growth Story Is Far From Over
- Positive Sentiment: New store-opening reports, including more locations coming in 2026 and a new Clarksville site, reinforce Costco’s continued footprint expansion and should support revenue growth expectations. 8 more Costco stores are coming in 2026. Is Ohio getting one? Costco coming to Freedom Farms in Clarksville
- Positive Sentiment: Costco’s pharmacy and prescription-service expansion could make memberships more valuable and increase customer loyalty and visit frequency. Costco expands pharmacy, prescription services for members
- Positive Sentiment: Coverage around new premium items, such as Laifen hair dryers in stores, suggests Costco is still expanding its product assortment and strengthening its appeal to higher-spending members. Costco (COST) Brings Laifen Hair Dryer To Stores In Its Biggest US Retail Push
- Neutral Sentiment: Several articles framed Costco as a strong long-term compounder and a potential future trillion-dollar company, which is supportive sentiment but not a near-term catalyst. Prediction: Costco Will Join the $1 Trillion Club by 2033
- Neutral Sentiment: Other commentary focused on Costco as a high-quality dividend or retirement holding, while also noting valuation concerns versus peers; this keeps the stock in the spotlight but does not change the business outlook immediately. Costco Is a Compelling Investment Opportunity, but This Stock Could Be an Even Better Buy Costco Is a No-Brainer Buy for Retirement Investors Right Now
- Negative Sentiment: Some coverage highlighted that COST has pulled back from recent highs and remains expensive on earnings metrics, which may be weighing on near-term trading. Price Prediction: Will Costco Hit a New-High This Year?
- Negative Sentiment: One report noted the stock edged lower even as Costco reportedly plans standalone gas stations, suggesting investors may be taking a cautious approach to the expansion news. Costco Stock (COST) Drops despite Bet on Stand-Alone Gas Stations in Sales Push
Costco Wholesale Price Performance
Costco Wholesale (NASDAQ:COST – Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing the consensus estimate 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 return on equity of 28.04% and a net margin of 3.01%.During the same quarter last year, the company posted $4.28 EPS. On average, analysts anticipate that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.
Costco Wholesale Dividend Announcement
The business also recently announced 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 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, July 24th. Costco Wholesale’s payout ratio is 29.58%.
Insider Transactions at Costco Wholesale
In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was 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 of the company’s stock, valued at $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. 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 target price for the company. Sanford C. Bernstein boosted their price target on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Bank of America upped their price target on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Truist Financial increased their price objective on Costco Wholesale from $977.00 to $1,011.00 and gave the stock a “hold” rating in a report on Friday, May 29th. Finally, BTIG Research reissued a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a research report on Friday, May 29th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,059.07.
Check Out Our Latest Stock Report on Costco Wholesale
Costco Wholesale Company Profile
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.
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