Costco Wholesale Corporation $COST Stock Holdings Boosted by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. increased its position in Costco Wholesale Corporation (NASDAQ:COST) by 20.8% during 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 period. 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 hedge funds have also recently bought and sold shares of the company. Calamos Wealth Management LLC boosted its stake in Costco Wholesale by 13.3% during the 1st quarter. Calamos Wealth Management LLC now owns 9,699 shares of the retailer’s stock valued at $9,664,000 after purchasing an additional 1,135 shares during the period. AMG National Trust Bank raised its holdings in shares of Costco Wholesale by 3.1% during the first quarter. AMG National Trust Bank now owns 4,697 shares of the retailer’s stock valued at $4,680,000 after buying an additional 141 shares during the last quarter. Retirement Planning Group LLC raised its holdings in shares of Costco Wholesale by 1.2% during the first quarter. Retirement Planning Group LLC now owns 50,707 shares of the retailer’s stock valued at $50,526,000 after buying an additional 612 shares during the last quarter. Sterling Group Wealth Management LLC acquired a new position in shares of Costco Wholesale during the first quarter worth approximately $231,000. Finally, Integrity Wealth Solutions LLC boosted its position in shares of Costco Wholesale by 25.7% during the first quarter. Integrity Wealth Solutions LLC now owns 518 shares of the retailer’s stock worth $516,000 after buying an additional 106 shares during the period. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Trading Down 0.6%

Costco Wholesale stock opened at $916.54 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The firm has a market cap of $406.47 billion, a price-to-earnings ratio of 46.10, a price-to-earnings-growth 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’s 50 day moving average price is $978.42 and its two-hundred day moving average price is $977.29.

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

Costco Wholesale Announces Dividend

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

Insider Activity at Costco Wholesale

In related news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction 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 owned 4,779 shares in the company, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COST. BTIG Research reissued a “buy” rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft lifted their target price on Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Sanford C. Bernstein boosted their price target on Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Royal Bank Of Canada began coverage on Costco Wholesale in a research note on Monday. They issued a “sector perform” rating and a $1,000.00 price target for the company. Finally, Telsey Advisory Group raised their price target on Costco Wholesale from $1,125.00 to $1,135.00 and gave the company an “outperform” rating in a report on Thursday, April 9th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,059.07.

Key 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?

Costco Wholesale 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.