Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts COST Stake by $3M
Key Points
- Livforsakringsbolaget Skandia reduced its Costco Wholesale Corporation holdings by 66.7% during the quarter, ending with 1,621 shares worth about $1.48 million.
- Costco recently traded around $998.18 as of October 22, 2026, sitting below its 52-week high of $1,096.50 while offering an annual dividend rate of $5.88 per share.
- Other large institutional investors adjusted their positions in the warehouse retailer, including Ami Asset Management cutting its stake by 3.2% to 21,074 shares.
Get Costco Wholesale text alerts
We text you when insiders, Congress, analysts or big funds move on $COST.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Costco Wholesale Corporation alert may contain errors. Disclosures
Livforsakringsbolaget Skandia trimmed its holdings in Costco Wholesale Corporation (NasdaqGS: COST) by 3,250 shares, cutting its stake by 66.7% to end with 1,621 shares. According to a Form 13F filing with the SEC on October 21, 2026, the remaining position had an estimated value of $1,475,661 at the close of the period. The stock closed at $998.31 on the filing date.
COST
Costco Wholesale Corporation
What Changed in Livforsakringsbolaget Skandia's Costco Wholesale Corporation Position
The fund lowered its investment in the warehouse club operator from 4,871 shares down to 1,621 shares over the reporting period. This reduction of 3,250 shares represents a 66.7% decrease in the fund's holdings for the discount store operator.
Other Institutional Activity in Costco Wholesale Corporation
Other institutional investors also adjusted their positions in the warehouse retailer during the period. Ami Asset Management grew its holdings by 687 shares, ending with 21,074 shares worth about $19,184,123. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings by 3,779 shares, ending with 92,731 shares worth about $84,416,739. Auto-Owners Insurance reduced its holdings by 405 shares, ending with 0 shares worth about $0.
Costco Wholesale Corporation Stock Up 0.9%
Costco recently traded around $998.18 as of October 22, 2026. The stock closed at $998.31 on October 21, 2026.
Recent Earnings
Costco posted trailing twelve month revenue of $303.15 billion and earnings of $20.76 per share.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
3 analysts raised price targets.
-
EPS & revenue
EPS missed estimates by 1.9%. Revenue missed estimates by 2.3%.
-
Profit surprise
EBITDA missed by 5 percent. Operating income missed by 5 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
3 target raises.
-
Earnings quality
Positive free cash flow.
Earnings Call Summary
Costco delivered 9.1 percent revenue growth to 69.6 billion dollars in the second quarter, beating earnings per share at 4.93 dollars versus 4.92 dollars expected, but missing revenue versus consensus of 71.2 billion dollars. Same-store sales grew 7.4 percent excluding gas and currency effects. Comparable sales strength came from all categories, with meat and bakery leading fresh food at low double digits. Digital sales grew 22.6 percent, with personalized recommendations driving 470 million dollars in e-commerce sales. However, paid membership growth decelerated to 4.8 percent year over year, down from typical 5 percent levels, partly due to slower new warehouse openings in new markets and higher penetration of online signup members who renew at lower rates. Management emphasized continued price reductions on items like butter, coffee, and eggs despite tariff uncertainty, and highlighted technology investments in checkout efficiency and personalized experiences.
Guidance Management did not provide specific forward guidance for future quarters. They indicated expecting about 28 net new warehouse openings in fiscal 2026 and are targeting 30 plus openings per year going forward. Capital expenditures are estimated at approximately 6.5 billion dollars for the full year.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Dividend
The company pays an annual dividend of $5.88 per share with a dividend yield of 0.59%.
Insider Buying and Selling at Costco Wholesale Corporation
Company insiders executed several transactions prior to the filing. Kenneth D Denman sold 885 shares on June 23, 2026 at $957.45 per share.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock. Deutsche Bank maintains a Buy rating with a $1,079.00 price target on September 28, 2026.
About Costco Wholesale Corporation
Costco Wholesale Corporation operates membership-only warehouse clubs that offer a wide selection of discounted goods across multiple global markets. The company relies on a high-volume, low-margin model supported by membership fees.
Bottom Line
Investors will watch for the next earnings report scheduled for December 10, 2026 to gauge membership trends and sales growth. Portfolio adjustments from institutional holders like Livforsakringsbolaget Skandia offer a window into how large investors manage exposure to retail sector valuations.
Related Filing Alerts
Source: Livforsakringsbolaget Skandia, Omsesidigt's 13F filing on $COST (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts