Costco Wholesale Corporation $COST Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its stake in Costco Wholesale Corporation (NASDAQ:COST) by 20.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,248 shares of the retailer’s stock after acquiring an additional 730 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Costco Wholesale were worth $4,233,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of COST. Brighton Jones LLC increased its position in shares of Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after acquiring an additional 2,172 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock valued at $1,029,000 after purchasing an additional 130 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Costco Wholesale by 4.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock valued at $3,814,000 after purchasing an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. grew its stake in Costco Wholesale by 1.1% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after purchasing an additional 23 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in Costco Wholesale by 2.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock worth $8,416,000 after purchasing an additional 182 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on COST shares. Bank of America upped their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. The Goldman Sachs Group upped their price target 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. Finally, DA Davidson reiterated a “neutral” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, June 4th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,059.07.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares in the company, 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 legal filing with the SEC, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Costco Wholesale Stock Down 0.6%

COST stock opened at $916.54 on Thursday. The firm has a market cap of $406.47 billion, a price-to-earnings ratio of 46.10, a PEG ratio of 4.46 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 firm has a fifty day moving average price of $978.42 and a two-hundred day moving average price of $977.29. 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 quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $70.12 billion. During the same quarter in the previous year, the business posted $4.28 earnings per share. Research analysts predict that Costco Wholesale Corporation will post 20.38 EPS for the current year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

More Costco Wholesale News

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

• Positive Sentiment: Costco’s launch of Borealis Foods’ Chef Woo high-protein noodles is drawing strong early member demand, highlighting Costco’s ability to quickly scale trending, health-oriented products and support traffic in its warehouses. Borealis Foods Expands Access to Protein-Rich Chef Woo Noodles Through Costco
• Positive Sentiment: Another report says Costco will open seven new warehouse locations in August, reinforcing the company’s steady expansion strategy and long-term membership growth potential. Costco announces 7 new warehouse locations to open in August
• Positive Sentiment: Royal Bank of Canada initiated coverage with a $1,000 price target, signaling Wall Street still sees upside from current levels despite recent weakness. Costco Wholesale is now covered by Royal Bank Of Canada
• Neutral Sentiment: Several commentary pieces focused on Costco’s dividend, valuation, and reputation as a defensive retailer; these are supportive of the investment case, but they do not appear to be immediate stock-moving catalysts. Here’s How Many Shares of Costco Stock You’d Need for $1,000 in Yearly Dividends
• Neutral Sentiment: Other articles praised Costco’s resilience in uncertain consumer conditions and its success in international markets, but these were mainly background/analyst commentary rather than new fundamental developments. Casey’s, Costco, and Other Consumer Stocks for Uncertain Times
• Negative Sentiment: Some coverage noted Costco’s stock has been weak recently and that investors are questioning whether the dip is a buying opportunity, which can keep sentiment cautious in the near term. Costco Stock: Buy the Dip?

About Costco Wholesale

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.