Engineers Gate Manager LP Sells 12,516 Shares of Costco Wholesale Corporation $COST

Engineers Gate Manager LP lowered its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 60.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,172 shares of the retailer’s stock after selling 12,516 shares during the quarter. Engineers Gate Manager LP’s holdings in Costco Wholesale were worth $7,645,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Palisade Asset Management LLC boosted its stake in shares of Costco Wholesale by 1.4% during the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock valued at $605,000 after purchasing an additional 10 shares during the period. Graybill Wealth Management LTD. grew its stake in Costco Wholesale by 0.3% in the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock worth $2,754,000 after acquiring an additional 10 shares in the last quarter. Wealth Effects LLC grew its stake in Costco Wholesale by 1.2% in the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer’s stock worth $871,000 after acquiring an additional 10 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. increased its position in shares of Costco Wholesale by 1.8% during the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer’s stock worth $549,000 after acquiring an additional 10 shares during the period. Finally, First National Bank of Hutchinson raised its stake in shares of Costco Wholesale by 0.9% during the first quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock valued at $1,094,000 after acquiring an additional 10 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

More Costco Wholesale News

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

• Positive Sentiment: Costco plans to open 10 new warehouses over the next two months, supporting long-term membership growth, sales expansion and geographic reach. Costco has 10 new stores opening in the next two months
• Positive Sentiment: E-commerce sales increased 17.9% in August and 20.9% for fiscal 2026, indicating that digital operations are becoming a meaningful additional growth engine alongside Costco’s warehouses. Costco’s E-commerce Momentum Keeps Its Growth Engine Running
• Neutral Sentiment: Costco is scheduled to report fiscal fourth-quarter results later this month, making upcoming sales, membership and margin trends important near-term catalysts. Should You Buy Costco Stock Before Sept. 24?
• Negative Sentiment: Costco nearly doubled the price of a 10-quart case of Kirkland Signature motor oil to $57.99 and limited purchases amid an oil-supply crunch. The move highlights inflationary pressure across consumer goods and could weigh on customer sentiment, even though higher prices may protect some revenue. Costco hikes motor oil prices and puts limits on how much members can buy
• Negative Sentiment: RBC expects higher fuel costs to pressure Costco’s core gross margin in the fourth quarter. Tariff refunds may offset much of the impact, but the mixed outlook reinforces concerns about near-term earnings quality. Costco Gross Margin Pressure From Higher Fuel Costs Likely to be Offset by Tariff Refunds, RBC Says

Costco Wholesale Price Performance

COST opened at $901.35 on Wednesday. The firm has a market capitalization of $399.73 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61. The business’s 50-day moving average is $938.54 and its two-hundred day moving average is $973.21. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.7%. Costco Wholesale’s payout ratio is presently 29.58%.

Insider Activity

In related news, Director Kenneth Denman sold 885 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on COST shares. Bank of America raised their price objective on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Truist Financial upped their price objective on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Guggenheim restated a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. BTIG Research reiterated a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a research note on Thursday, September 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,056.03.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.