Rhodes Investment Advisors Inc. ADV Boosts Stake in Costco Wholesale Corporation $COST

Rhodes Investment Advisors Inc. ADV increased its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 34.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,097 shares of the retailer’s stock after buying an additional 536 shares during the quarter. Costco Wholesale comprises about 1.3% of Rhodes Investment Advisors Inc. ADV’s portfolio, making the stock its 26th biggest position. Rhodes Investment Advisors Inc. ADV’s holdings in Costco Wholesale were worth $1,909,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. C M Bidwell & Associates Ltd. bought a new stake in Costco Wholesale during the 2nd quarter worth approximately $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $27,000. Burk Holdings LLC purchased a new position in shares of Costco Wholesale during the second quarter valued at approximately $30,000. Manning & Napier Advisors LLC bought a new stake in Costco Wholesale during the second quarter worth $30,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in Costco Wholesale in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of NASDAQ COST traded up $6.57 during trading on Wednesday, hitting $942.25. The company had a trading volume of 1,770,350 shares, compared to its average volume of 2,195,973. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06. The firm has a market capitalization of $417.87 billion, a P/E ratio of 45.39, a price-to-earnings-growth ratio of 3.95 and a beta of 0.88. The stock has a 50 day simple moving average of $930.95 and a 200 day simple moving average of $963.67.

Costco Wholesale (NASDAQ:COST) last released its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, topping analysts’ consensus estimates of $6.54 by $0.21. The business had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $5.87 earnings per share. As a group, analysts anticipate that Costco Wholesale Corporation will post 22.86 earnings per share for the current year.

Insider Activity at Costco Wholesale

In related news, EVP Claudine Adamo sold 2,200 shares of the firm’s stock in a transaction dated 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 sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by insiders.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Costco reported $30.02 billion in September net sales, up 13.0% year over year. Comparable sales increased 11.4% companywide, including 12.5% in the U.S., 6.3% in Canada and 10.8% in other international markets. The broad-based performance suggests resilient consumer demand and is likely the primary catalyst for investor interest. Costco September Sales Results
• Positive Sentiment: Analysts and financial commentators continue to highlight Costco’s membership model, with fiscal 2026 ending at 84.1 million paid members and a 92.3% U.S. and Canada renewal rate. Costco’s digital sales also reportedly exceeded $33 billion, supported by delivery improvements, personalization and AI-powered search. These trends reinforce the company’s recurring-revenue and customer-loyalty advantages. Costco Membership and Moat Analysis
• Neutral Sentiment: Costco’s stock has traded well below its record high despite continued revenue, profit and membership growth. However, its valuation remains demanding, with a trailing price-to-earnings ratio near 45, leaving shares sensitive to any slowdown in sales or margins. Tariffs and merchandise-cost pressure are cited as key factors investors are monitoring. Costco Long-Term Stock Outlook
• Negative Sentiment: A shopper filed a lawsuit challenging the “sugar-free” labeling of a popular Kirkland drink mix. The financial impact is currently unclear, but product-labeling litigation could create legal costs and reputational risk if similar claims expand. Kirkland Drink Mix Lawsuit

Analysts Set New Price Targets

COST has been the topic of several analyst reports. Weiss Ratings cut shares of Costco Wholesale from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 2nd. Sanford C. Bernstein cut their target price on Costco Wholesale from $1,144.00 to $1,143.00 and set an “outperform” rating on the stock in a research note on Friday, September 25th. Evercore reaffirmed an “outperform” rating on shares of Costco Wholesale in a report on Tuesday, September 22nd. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a report on Monday, September 28th. Finally, UBS Group restated a “buy” rating on shares of Costco Wholesale in a research note on Thursday, September 17th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,046.27.

About Costco Wholesale

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.

Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.