Costco Wholesale Corporation (NASDAQ:COST) Stake Lowered by Whittier Trust Co.

15 Jul 2025, 14:06 by Renee Jackson · The Cerbat Gem

Whittier Trust Co. decreased its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,079 shares of the retailer’s stock after selling 331 shares during the period. Costco Wholesale accounts for 0.8% of Whittier Trust Co.’s investment portfolio, making the stock its 22nd biggest holding. Whittier Trust Co.’s holdings in Costco Wholesale were worth $56,821,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in COST. Investment Management Corp VA ADV acquired a new stake in shares of Costco Wholesale during the 4th quarter worth about $25,000. Clear Investment Research LLC grew its position in Costco Wholesale by 22.2% during the fourth quarter. Clear Investment Research LLC now owns 55 shares of the retailer’s stock valued at $51,000 after buying an additional 10 shares during the period. Aspect Partners LLC boosted its position in Costco Wholesale by 24.4% during the first quarter. Aspect Partners LLC now owns 56 shares of the retailer’s stock worth $53,000 after purchasing an additional 11 shares during the period. Capital A Wealth Management LLC purchased a new stake in shares of Costco Wholesale in the fourth quarter worth about $58,000. Finally, Mascagni Wealth Management Inc. purchased a new position in shares of Costco Wholesale during the fourth quarter worth approximately $59,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on COST. Truist Financial upped their target price on shares of Costco Wholesale from $995.00 to $1,042.00 and gave the company a “hold” rating in a research note on Friday, May 30th. Evercore ISI decreased their price objective on Costco Wholesale from $1,075.00 to $1,060.00 and set an “outperform” rating for the company in a report on Tuesday, June 17th. Morgan Stanley upped their price objective on shares of Costco Wholesale from $1,150.00 to $1,225.00 and gave the company an “overweight” rating in a report on Friday, May 30th. Cfra Research upgraded Costco Wholesale from a “hold” rating to a “moderate buy” rating in a research report on Friday, April 4th. Finally, Mizuho started coverage on Costco Wholesale in a research report on Friday, April 11th. They set a “neutral” rating and a $975.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,037.48.

Get Our Latest Analysis on COST

Costco Wholesale Stock Performance

COST stock opened at $980.91 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 1.02 and a debt-to-equity ratio of 0.21. Costco Wholesale Corporation has a twelve month low of $793.00 and a twelve month high of $1,078.24. The business’s fifty day moving average is $1,003.09 and its 200-day moving average is $982.53. The company has a market cap of $435.01 billion, a P/E ratio of 55.64, a price-to-earnings-growth ratio of 6.03 and a beta of 0.97.

Costco Wholesale (NASDAQ:COST – Get Free Report) last released its earnings results on Thursday, May 29th. The retailer reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.24 by $0.04. The firm had revenue of $63.21 billion during the quarter, compared to analysts’ expectations of $62.93 billion. Costco Wholesale had a return on equity of 30.48% and a net margin of 2.92%. The company’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.78 EPS. Equities research analysts forecast that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Costco Wholesale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were given a dividend of $1.30 per share. The ex-dividend date was Friday, May 2nd. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.16. This represents a $5.20 annualized dividend and a yield of 0.53%. Costco Wholesale’s dividend payout ratio (DPR) is 29.50%.

Insider Activity at Costco Wholesale

In related news, EVP Patrick J. Callans sold 3,000 shares of Costco Wholesale stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $1,002.77, for a total value of $3,008,310.00. Following the transaction, the executive vice president directly owned 58,543 shares of the company’s stock, valued at $58,705,164.11. This trade represents a 4.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Pierre Riel sold 2,000 shares of the business’s stock in a transaction on Friday, June 6th. The stock was sold at an average price of $1,014.15, for a total transaction of $2,028,300.00. Following the sale, the executive vice president directly owned 8,210 shares in the company, valued at approximately $8,326,171.50. The trade was a 19.59% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,547 shares of company stock valued at $9,496,950. 0.18% of the stock is currently owned by insiders.

Costco Wholesale Company Profile

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