Keybank National Association OH Has $332.63 Million Stock Position in Costco Wholesale Corporation $COST

Keybank National Association OH reduced its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 0.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 333,826 shares of the retailer’s stock after selling 1,178 shares during the quarter. Costco Wholesale makes up about 1.2% of Keybank National Association OH’s portfolio, making the stock its 19th largest position. Keybank National Association OH’s holdings in Costco Wholesale were worth $332,634,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Palisade Asset Management LLC grew its position in shares of Costco Wholesale by 1.4% during the 4th quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock worth $605,000 after buying an additional 10 shares during the period. Graybill Wealth Management LTD. lifted its holdings in Costco Wholesale by 0.3% in the fourth quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock valued at $2,754,000 after buying an additional 10 shares during the period. Wealth Effects LLC lifted its holdings in Costco Wholesale by 1.2% in the first quarter. Wealth Effects LLC now owns 874 shares of the retailer’s stock valued at $871,000 after buying an additional 10 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. boosted its stake in Costco Wholesale by 1.8% in the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer’s stock valued at $549,000 after acquiring an additional 10 shares during the last quarter. Finally, Lbmc Investment Advisors LLC grew its holdings in Costco Wholesale by 0.5% during the 4th quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer’s stock worth $1,760,000 after acquiring an additional 10 shares during the period. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Key Costco Wholesale News

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

• Positive Sentiment: Costco is still expanding its warehouse footprint, with new store plans reported in Florida, South Carolina and Southern California, reinforcing the company’s long-term growth story. Costco plans to build new warehouse in southern Hillsborough County
• Positive Sentiment: Analysts remain upbeat on Costco’s earnings power, with Erste Group raising FY2027 EPS estimates above consensus, signaling confidence in the retailer’s ability to keep growing profits.
• Positive Sentiment: Several articles continue to frame Costco as a strong long-term compounder, supported by its membership model, cash generation, and resilient value proposition for consumers. Costco (COST) Stock Looks Strong On Returns But Expensive On Earnings
• Neutral Sentiment: Discussion around a possible 2026 stock split is generating attention, but it does not change Costco’s fundamentals and management has historically been cautious about splitting the stock. With Costco Trading Under $1,000, Is a Stock Split Still on the Table for 2026?
• Neutral Sentiment: One comparison piece versus Amazon and a holiday-closure story versus Sam’s Club are more about consumer habits and retail strategy than a direct change in Costco’s outlook. Growth Stock Showdown: Is Costco or Amazon the Better Buy Right Now?
• Negative Sentiment: Some commentary warns Costco may be expensive on earnings and could face execution risks if fuel-related traffic tailwinds weaken, which could limit upside if growth slows. Costco’s Secret Growth Engine May Be Running Out of Gas

Insider Activity

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Costco Wholesale Trading Up 2.9%

Shares of NASDAQ COST opened at $951.67 on Friday. The company’s fifty day moving average is $991.42 and its 200-day moving average is $972.72. The stock has a market cap of $422.05 billion, a price-to-earnings ratio of 47.87, a P/E/G ratio of 4.48 and a beta of 0.88. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The firm had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter in the prior year, the company earned $4.28 EPS. Equities research analysts predict that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is presently 29.58%.

Wall Street Analyst Weigh In

COST has been the subject of several recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a $1,050.00 target price on shares of Costco Wholesale in a research report on Thursday, March 5th. Wells Fargo & Company lifted their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Raymond James Financial upped their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Bank of America increased their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Citigroup assumed coverage on Costco Wholesale in a report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 target price on the stock. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average price target of $1,061.45.

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.