TrustBank purchased a new position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,274 shares of the retailer’s stock, valued at approximately $1,099,000. Costco Wholesale makes up 0.5% of TrustBank’s portfolio, making the stock its 27th largest position.
Other large investors have also made changes to their positions in the company. Graney & King LLC increased its position in shares of Costco Wholesale by 6.8% during the second quarter. Graney & King LLC now owns 173 shares of the retailer’s stock worth $171,000 after buying an additional 11 shares during the period. Seneschal Advisors LLC increased its position in shares of Costco Wholesale by 0.4% during the second quarter. Seneschal Advisors LLC now owns 3,142 shares of the retailer’s stock worth $3,110,000 after buying an additional 11 shares during the period. Brown Wealth Management LLC increased its position in shares of Costco Wholesale by 3.7% during the third quarter. Brown Wealth Management LLC now owns 305 shares of the retailer’s stock worth $282,000 after buying an additional 11 shares during the period. Caliber Wealth Management LLC KS increased its position in shares of Costco Wholesale by 1.7% during the third quarter. Caliber Wealth Management LLC KS now owns 655 shares of the retailer’s stock worth $606,000 after buying an additional 11 shares during the period. Finally, Somerset Group LLC increased its position in shares of Costco Wholesale by 0.3% during the third quarter. Somerset Group LLC now owns 4,220 shares of the retailer’s stock worth $3,906,000 after buying an additional 11 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.
Costco Wholesale Stock Down 2.5%
Shares of NASDAQ COST opened at $1,002.93 on Wednesday. The stock has a market capitalization of $444.95 billion, a P/E ratio of 52.15, a P/E/G ratio of 5.06 and a beta of 0.92. The company has a 50-day moving average price of $1,008.26 and a 200-day moving average price of $961.45. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.59.
Costco Wholesale Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $1.47 per share. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, May 1st. Costco Wholesale’s dividend payout ratio is 30.58%.
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Bank of America reiterated a Buy rating and kept its $1,185 price target, reinforcing the view that Costco (COST) still has upside if it delivers another solid quarter. Article Title
- Positive Sentiment: Analysts and options traders expect a meaningful post-earnings move, highlighting how much attention Costco is drawing heading into results. Article Title
- Positive Sentiment: Recent coverage points to strong membership growth, digital gains, and AI-driven personalization as drivers of continued sales momentum for Costco. Article Title
- Neutral Sentiment: Multiple previews say Costco is well positioned for earnings, but its premium valuation may limit enthusiasm unless the company beats expectations convincingly. Article Title
- Negative Sentiment: A federal jury ruled against Costco in a disability discrimination case, adding a legal and compliance overhang and potential extra costs from attorneys’ fees. Article Title
- Negative Sentiment: One article noted the shares are slipping ahead of earnings, reflecting investor caution and valuation concerns rather than a major operational setback. Article Title
Insider Activity
In other news, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the completion of the transaction, the executive vice president directly owned 6,121 shares in the company, valued at $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Oppenheimer increased their price objective on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Telsey Advisory Group increased their price objective on shares of Costco Wholesale from $1,125.00 to $1,135.00 and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Gordon Haskett raised their price target on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a report on Tuesday, February 3rd. Finally, Weiss Ratings upgraded shares of Costco Wholesale from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 17th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Costco Wholesale presently has an average rating of “Moderate Buy” and an average price target of $1,052.60.
Get Our Latest Stock Analysis on COST
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.
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