Rep. Pete Sessions Sells Shares of Costco Wholesale Corporation (NASDAQ:COST)

Representative Pete Sessions (Republican-Texas) recently sold shares of Costco Wholesale Corporation (NASDAQ:COST). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $250,001 and $500,000 in Costco Wholesale stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Costco Wholesale Stock Up 1.4%

COST stock opened at $996.08 on Friday. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. The company has a fifty day moving average of $941.73 and a 200-day moving average of $969.91. The stock has a market capitalization of $441.39 billion, a PE ratio of 48.06, a price-to-earnings-growth ratio of 4.20 and a beta of 0.88. 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 (NASDAQ:COST) last released its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.21. The company had revenue of $95.72 billion for the quarter, compared to analysts’ expectations of $94.97 billion. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.87 EPS. As a group, analysts expect that Costco Wholesale Corporation will post 22.70 EPS for the current year.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be given a dividend of $1.47 per share. The ex-dividend date is Friday, October 30th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is presently 28.32%.

Insider Activity

In related news, EVP William Richard Wilcox sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $958.21, for a total value of $1,054,031.00. Following the sale, the executive vice president directly owned 3,094 shares of the company’s stock, valued at approximately $2,964,701.74. This trade represents a 26.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Claudine Adamo sold 2,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the transaction, the executive vice president directly owned 7,134 shares of the company’s stock, valued at $6,534,244.62. This trade represents a 23.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on COST shares. Mizuho lowered their price target on shares of Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Royal Bank Of Canada restated a “sector perform” rating and set a $1,000.00 target price on shares of Costco Wholesale in a research report on Friday, October 9th. JPMorgan Chase & Co. dropped their target price on shares of Costco Wholesale from $1,100.00 to $1,015.00 and set an “overweight” rating for the company in a report on Friday, September 25th. Truist Financial reduced their price target on shares of Costco Wholesale from $1,011.00 to $955.00 and set a “hold” rating for the company in a research report on Friday, September 25th. Finally, Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research note on Monday, September 28th. Twenty-five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,086.19.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco’s shares increased as the Federal Trade Commission opened a pricing probe into rivals Walmart and Target. The investigation could highlight Costco’s value proposition and competitive positioning, although it does not directly involve Costco. Costco Stock Ticks Up as the FTC Launches Pricing Probe into Rivals
• Positive Sentiment: Recent coverage points to Costco attracting younger shoppers, including consumers under 40 who use mobile and artificial-intelligence tools while retaining interest in the company’s “treasure hunt” shopping experience. This suggests Costco’s brand and digital engagement remain relevant to future members. The New Costco Shopper Is Under 40
• Positive Sentiment: Analysts continue to cite Costco’s competitive advantages, including strong member loyalty, high renewal rates and the recurring revenue generated by memberships. CICC also initiated coverage with an Outperform rating, adding to the positive analyst sentiment. Costco Stock’s Long-Term Upside Could Come From These Competitive Advantages
• Positive Sentiment: Costco expanded real-time health-benefit redemptions to more than 600 U.S. warehouses through NationsBenefits. The initiative could improve convenience, support store traffic and create longer-term opportunities in healthcare-related services. Costco Brings Real-Time Health Benefit Checkouts to More Than 600 Stores
• Neutral Sentiment: Costco opened a location in Western New York, providing incremental warehouse expansion and potential membership growth, though the financial impact is likely limited in the near term. Costco Opens Its Doors in Western New York
• Negative Sentiment: Costco’s valuation remains a concern: its premium price-to-earnings multiple leaves less room for execution mistakes and may limit upside if growth slows. Costco’s Valuation Remains a Head Scratcher
• Negative Sentiment: Complaints about Costco’s food-court experience represent a minor customer-satisfaction risk, though the issue is unlikely to materially affect the investment thesis by itself. Costco Faces Major Food Court Complaints

Institutional Investors Weigh In On Costco Wholesale

A number of institutional investors and hedge funds have recently bought and sold shares of COST. Garde Capital Inc. raised its holdings in Costco Wholesale by 5.5% in the 3rd quarter. Garde Capital Inc. now owns 4,444 shares of the retailer’s stock valued at $4,046,000 after acquiring an additional 231 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Costco Wholesale by 14.8% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 7,098 shares of the retailer’s stock worth $6,462,000 after purchasing an additional 917 shares during the last quarter. Torren Management LLC boosted its holdings in shares of Costco Wholesale by 21.0% during the third quarter. Torren Management LLC now owns 75 shares of the retailer’s stock worth $68,000 after purchasing an additional 13 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its position in shares of Costco Wholesale by 9.6% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 4,665 shares of the retailer’s stock valued at $4,246,000 after purchasing an additional 408 shares during the period. Finally, BOCHK Asset Management Ltd grew its position in shares of Costco Wholesale by 51.9% in the third quarter. BOCHK Asset Management Ltd now owns 3,950 shares of the retailer’s stock valued at $3,596,000 after purchasing an additional 1,350 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.

Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.

The company traces its roots to Price Club, which opened in San Diego in 1976.