Dumont & Blake Investment Advisors LLC Buys 1,000 Shares of Costco Wholesale Corporation $COST

Dumont & Blake Investment Advisors LLC increased its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 406.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,246 shares of the retailer’s stock after buying an additional 1,000 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Costco Wholesale were worth $1,242,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale during the 4th quarter worth $27,000. Mcguire Capital Advisors Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at about $28,000. Lifetime Wealth Management P.C. acquired a new position in Costco Wholesale in the fourth quarter valued at about $28,000. Entrust Financial LLC bought a new stake in Costco Wholesale during the fourth quarter worth about $31,000. Finally, Joseph Group Capital Management bought a new stake in Costco Wholesale during the fourth quarter worth about $33,000. Institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on COST. The Goldman Sachs Group raised their target price on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a report on Friday, May 29th. HC Wainwright reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Oppenheimer increased their price target 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. Daiwa Securities Group boosted their price objective on shares of Costco Wholesale from $917.00 to $975.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Finally, DA Davidson restated a “neutral” rating and set a $1,000.00 target price on shares of Costco Wholesale in a research note on Thursday, June 4th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,061.45.

Key Costco Wholesale News

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

• Positive Sentiment: Analysts and market writers continue to highlight Costco as a resilient, long-term compounder with strong membership loyalty, steady cash generation, and a durable business model that can hold up well in a weaker consumer environment. Is Costco Wholesale Corporation (COST) a Durable Long-Term Compounder?
• Positive Sentiment: Costco is being viewed as a beneficiary of investors’ preference for defensive, high-quality retail names, with articles pointing to its resilience during economic uncertainty and strong appeal as a reliable consumer staple-like retailer. Costco Wholesale Corporation (COST) Benefits from Investors’ Focus on Resilient Businesses
• Positive Sentiment: Costco is expanding its retail media efforts through Google Commerce Media and YouTube, which could create a new higher-margin revenue stream if member engagement keeps growing. Can Costco Stock Build a Meaningful Retail Media Business?
• Neutral Sentiment: Several pieces compare Costco with Walmart and discuss which retailer is the better buy, but these are mostly valuation and business-model debates rather than new company-specific catalysts. Costco vs Walmart: What’s the Better Retail Stock to Buy Right Now?
• Neutral Sentiment: Consumer-focused headlines about Costco’s food court items, milk pricing, and broader retail resilience are more about shopper behavior and brand interest than a direct earnings driver. Are Costco’s famous food court franks available for bulk purchase?
• Negative Sentiment: One article argues Costco lacks the same valuation appeal as another preferred stock pick, which underscores investor concerns that COST may already be priced for perfection. When I Try to Imagine the Best Investment Opportunity for the Next 10 Years, Costco Stock Just Doesn’t Make the Cut. That’s Why I Keep Coming Back to This Stock.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $950.25 on Tuesday. The business has a 50 day moving average of $990.38 and a 200-day moving average of $973.36. The company has a market capitalization of $421.42 billion, a P/E ratio of 47.80, a P/E/G ratio of 4.61 and a beta of 0.88. 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 0.17, a current ratio of 1.07 and a quick ratio of 0.61.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. During the same quarter in the prior year, the business earned $4.28 earnings per share. On average, equities research analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is 29.58%.

Insider Activity at Costco Wholesale

In related news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, the director owned 4,779 shares of the company’s stock, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

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.