Canada Pension Plan Investment Board Sells 388,537 Shares of Costco Wholesale Corporation $COST

29 Aug 2025, 11:38 by Amy Steele · The Cerbat Gem

Canada Pension Plan Investment Board lowered its position in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 55.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,789 shares of the retailer’s stock after selling 388,537 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Costco Wholesale were worth $299,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. JDM Financial Group LLC lifted its stake in Costco Wholesale by 35.8% in the first quarter. JDM Financial Group LLC now owns 235 shares of the retailer’s stock worth $222,000 after purchasing an additional 62 shares during the last quarter. WPG Advisers LLC purchased a new position in shares of Costco Wholesale in the first quarter worth about $276,000. Graney & King LLC lifted its stake in shares of Costco Wholesale by 8.7% in the 1st quarter. Graney & King LLC now owns 162 shares of the retailer’s stock valued at $153,000 after acquiring an additional 13 shares during the last quarter. Monterey Private Wealth Inc. boosted its holdings in Costco Wholesale by 1.3% during the 1st quarter. Monterey Private Wealth Inc. now owns 4,036 shares of the retailer’s stock valued at $3,818,000 after acquiring an additional 50 shares during the period. Finally, Next Century Growth Investors LLC boosted its holdings in Costco Wholesale by 9.3% during the 1st quarter. Next Century Growth Investors LLC now owns 6,241 shares of the retailer’s stock valued at $5,903,000 after acquiring an additional 531 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Trading Down 0.5%

Shares of COST opened at $944.96 on Friday. Costco Wholesale Corporation has a 1-year low of $867.16 and a 1-year high of $1,078.23. The company has a current ratio of 1.02, a quick ratio of 0.52 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average price is $967.16 and its 200-day moving average price is $982.55. The firm has a market capitalization of $419.07 billion, a price-to-earnings ratio of 53.60, a PEG ratio of 5.90 and a beta of 0.96.

Costco Wholesale (NASDAQ:COST – Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The retailer reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.24 by $0.04. Costco Wholesale had a net margin of 2.92% and a return on equity of 30.48%. The company had revenue of $63.21 billion during the quarter, compared to the consensus estimate of $62.93 billion. During the same period in the prior year, the firm earned $3.78 earnings per share. Costco Wholesale’s revenue was up 8.0% on a year-over-year basis. Sell-side analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were given a $1.30 dividend. The ex-dividend date of this dividend was Friday, August 1st. This represents a $5.20 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 29.50%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on COST. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $1,100.00 price target on shares of Costco Wholesale in a research note on Wednesday. Wall Street Zen raised shares of Costco Wholesale from a “hold” rating to a “buy” rating in a research note on Friday, June 6th. Truist Financial upped their price target on shares of Costco Wholesale from $995.00 to $1,042.00 and gave the company a “hold” rating in a report on Friday, May 30th. Evercore ISI dropped their price target on shares of Costco Wholesale from $1,075.00 to $1,060.00 and set an “outperform” rating for the company in a research report on Tuesday, June 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Costco Wholesale from $1,115.00 to $1,160.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. Seventeen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Costco Wholesale has an average rating of “Moderate Buy” and a consensus price target of $1,050.00.

View Our Latest Analysis on COST

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Yoram Rubanenko sold 4,000 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $974.96, for a total value of $3,899,840.00. Following the completion of the transaction, the executive vice president owned 5,774 shares in the company, valued at approximately $5,629,419.04. This represents a 40.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Teresa A. Jones sold 600 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $992.05, for a total transaction of $595,230.00. Following the sale, the executive vice president owned 2,362 shares in the company, valued at approximately $2,343,222.10. This trade represents a 20.26% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,147 shares of company stock worth $10,067,740. 0.18% of the stock is owned by insiders.

Costco Wholesale Company Profile

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