Dorsey & Whitney Trust CO LLC Trims Stock Position in Costco Wholesale Corporation $COST

Dorsey & Whitney Trust CO LLC cut its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 26.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,687 shares of the retailer’s stock after selling 2,360 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Costco Wholesale were worth $5,767,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Costco Wholesale by 12.3% in the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock worth $18,165,000 after purchasing an additional 2,172 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after purchasing an additional 130 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Costco Wholesale by 4.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock worth $3,814,000 after purchasing an additional 165 shares during the period. Pinnacle Wealth Planning Services Inc. raised its holdings in shares of Costco Wholesale by 1.1% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock worth $2,089,000 after purchasing an additional 23 shares during the period. Finally, Schnieders Capital Management LLC. raised its holdings in shares of Costco Wholesale by 2.2% in 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 period. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on COST shares. Mizuho set a $1,100.00 price objective on Costco Wholesale in a report on Monday, June 1st. Evercore set a $1,100.00 price objective on Costco Wholesale in a report on Monday, March 2nd. Rothschild & Co Redburn raised their price objective on Costco Wholesale from $890.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Bank of America raised their price objective on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. Twenty-two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,060.41.

More Costco Wholesale News

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

• Positive Sentiment: Jim Cramer said investors “buy some here,” reinforcing a bullish view on Costco as a long-term holding despite a tougher consumer backdrop. Article title
• Positive Sentiment: Costco reported strong May net sales growth, including a 14.5% year-over-year increase, and one article noted digital sales jumped 21% while gas volumes hit a record, signaling healthy demand across key categories. Article title
• Positive Sentiment: Coverage highlighted Costco’s continued membership and traffic strength, with analysts and commentators pointing to upside and strong institutional interest in the stock. Article title
• Neutral Sentiment: Costco is also drawing attention for ESG and governance reasons after CEO Ron Vachris was recognized for board diversity leadership, which may matter to some investors but is not an immediate earnings driver. Article title
• Negative Sentiment: Costco is fighting a class-action lawsuit over its $5 rotisserie chicken, with plaintiffs alleging misleading “no preservatives” marketing, creating a potential reputational and legal overhang. Article title
• Negative Sentiment: Some commentary also suggests Costco may face tougher comparisons in a price-sensitive consumer environment, with rivals like Dollar Tree seen as having a pricing advantage on smaller-pack items. Article title

Costco Wholesale Price Performance

Shares of NASDAQ COST opened at $983.37 on Thursday. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The business has a 50 day moving average price of $1,006.04 and a two-hundred day moving average price of $966.09. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The firm has a market cap of $436.10 billion, a PE ratio of 49.47, a price-to-earnings-growth ratio of 4.69 and a beta of 0.88.

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

Costco Wholesale Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s payout ratio is 29.58%.

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.