Costco Wholesale Corporation $COST Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in Costco Wholesale Corporation (NASDAQ:COST) by 112.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,333 shares of the retailer’s stock after buying an additional 37,722 shares during the quarter. Public Sector Pension Investment Board’s holdings in Costco Wholesale were worth $66,028,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of COST. Vanguard Group Inc. grew its position in Costco Wholesale by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 43,356,271 shares of the retailer’s stock worth $42,920,107,000 after purchasing an additional 711,560 shares during the last quarter. State Street Corp boosted its stake in shares of Costco Wholesale by 0.5% during the second quarter. State Street Corp now owns 18,325,416 shares of the retailer’s stock worth $18,141,062,000 after buying an additional 90,107 shares during the period. Geode Capital Management LLC grew its holdings in shares of Costco Wholesale by 1.5% during the second quarter. Geode Capital Management LLC now owns 10,275,056 shares of the retailer’s stock worth $10,124,263,000 after buying an additional 150,844 shares during the last quarter. Norges Bank acquired a new position in Costco Wholesale in the 2nd quarter valued at about $5,692,035,000. Finally, Invesco Ltd. raised its stake in Costco Wholesale by 9.8% during the 2nd quarter. Invesco Ltd. now owns 4,291,557 shares of the retailer’s stock valued at $4,248,384,000 after acquiring an additional 383,887 shares during the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on COST. Northcoast Research set a $1,100.00 target price on Costco Wholesale and gave the company a “buy” rating in a research note on Wednesday, December 24th. Truist Financial decreased their price target on Costco Wholesale from $1,033.00 to $926.00 and set a “hold” rating for the company in a report on Friday, December 12th. JPMorgan Chase & Co. boosted their price objective on shares of Costco Wholesale from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of Costco Wholesale in a research report on Monday, December 29th. Finally, Roth Mkm reiterated a “sell” rating on shares of Costco Wholesale in a research note on Wednesday, February 4th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,009.00.

Insider Activity at Costco Wholesale

In other news, EVP Javier Polit sold 558 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $862.89, for a total transaction of $481,492.62. Following the sale, the executive vice president owned 10,190 shares of the company’s stock, valued at $8,792,849.10. The trade was a 5.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Russell D. Miller sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $916.32, for a total value of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at approximately $7,550,476.80. This represents a 15.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 6,915 shares of company stock worth $6,317,097. 0.10% of the stock is currently owned by company insiders.

Costco Wholesale News Summary

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

• Positive Sentiment: Multiple brokerages raised price targets or reiterated bullish views, supporting the rally — Evercore ISI boosted its price target to $1,050. Evercore ISI Boosts Costco Price Target
• Positive Sentiment: Bernstein lifted its target to $1,155 and kept an Outperform, citing resilience in the quarter and positioning COST as a Roth-IRA candidate — a bullish endorsement that can attract long-term money. Bernstein Boosts Costco Target
• Positive Sentiment: JPMorgan commentary flagged upside to the stock, reinforcing buy-side confidence and likely contributing to intraday buying pressure. JPMorgan Says COST Expected to Rise
• Positive Sentiment: Industry and market write-ups emphasize Costco’s long-term growth profile and YTD momentum, which can sustain investor interest (articles discuss whether COST can reach $1,200 and highlight growth scores). Can Costco Stock Hit $1,200?
• Neutral Sentiment: Valuation debate persists — Zacks notes Costco trades at a high multiple (forward P/E ~46x) and recommends a “hold” for some investors despite solid comps and renewal/digital trends. This tempers upside for value-sensitive funds. Is Costco Stock a Buy Now?
• Neutral Sentiment: Short-interest reports in the feed show an anomalous “large increase” but list zero shares and a 0.0 days ratio — the data appears unreliable and should not be over-interpreted; low reported short interest would be supportive if accurate. (Data timestamp Feb 11–12.)
• Neutral Sentiment: Customer-interest pieces (e.g., members impressed by regional store features) boost brand sentiment but are unlikely to move results materially in the short term. Members in Awe of Regional Stores
• Negative Sentiment: Costco issued a recall of mini beignets over an undeclared hazelnut allergen across multiple states — a reputational and operational nuisance; typically a modest financial hit but worth monitoring for broader food-safety headlines. Costco Recalls Mini Beignets

Costco Wholesale Price Performance

Costco Wholesale stock opened at $998.86 on Friday. The company has a market cap of $443.36 billion, a P/E ratio of 53.50, a price-to-earnings-growth ratio of 5.16 and a beta of 1.01. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,078.23. The business has a fifty day moving average of $920.48 and a two-hundred day moving average of $931.93. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The business had revenue of $67.31 billion during the quarter, compared to the consensus estimate of $67.03 billion. During the same quarter last year, the firm posted $4.04 EPS. The business’s revenue was up 8.3% compared to the same quarter last year. As a group, analysts predict that Costco Wholesale Corporation will post 18.03 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, February 13th. Shareholders of record on Friday, January 30th will be issued a $1.30 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is 27.85%.

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.