NBT Bank N A NY Sells 1,005 Shares of Costco Wholesale Corporation $COST

NBT Bank N A NY lowered its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 6.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,161 shares of the retailer’s stock after selling 1,005 shares during the quarter. Costco Wholesale makes up 0.9% of NBT Bank N A NY’s portfolio, making the stock its 24th biggest holding. NBT Bank N A NY’s holdings in Costco Wholesale were worth $14,110,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howe & Rusling Inc. boosted its stake in Costco Wholesale by 0.9% in the 1st quarter. Howe & Rusling Inc. now owns 9,804 shares of the retailer’s stock worth $9,769,000 after purchasing an additional 87 shares during the period. St. Johns Investment Management Company LLC grew its holdings in Costco Wholesale by 2.0% during the 1st quarter. St. Johns Investment Management Company LLC now owns 2,064 shares of the retailer’s stock valued at $2,057,000 after buying an additional 40 shares in the last quarter. Praxis Investment Management Inc. raised its position in shares of Costco Wholesale by 28.7% during the first quarter. Praxis Investment Management Inc. now owns 7,299 shares of the retailer’s stock valued at $7,273,000 after buying an additional 1,626 shares during the last quarter. Koshinski Asset Management Inc. raised its position in shares of Costco Wholesale by 0.5% during the first quarter. Koshinski Asset Management Inc. now owns 6,898 shares of the retailer’s stock valued at $6,873,000 after buying an additional 35 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Costco Wholesale by 14.7% in the first quarter. V Square Quantitative Management LLC now owns 2,732 shares of the retailer’s stock worth $2,722,000 after buying an additional 350 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Insider Activity at Costco Wholesale

In other news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the sale, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.

Costco Wholesale Price Performance

NASDAQ COST opened at $951.67 on Friday. The stock has a 50 day moving average price of $990.38 and a 200-day moving average price of $972.57. Costco Wholesale Corporation has a one year low of $844.06 and a one year high of $1,096.50. 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 company has a market capitalization of $422.05 billion, a P/E ratio of 47.87, a P/E/G ratio of 4.61 and a beta of 0.88.

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

Costco Wholesale Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. 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. Costco Wholesale’s dividend payout ratio is 29.58%.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Costco is expanding its footprint with several new warehouse openings and planned locations across the U.S., which could support membership growth and future revenue. Costco to Open New Stores Across the U.S.: Full List of Locations
• Positive Sentiment: New store approvals in California and other regions suggest Costco’s growth runway remains intact, even if some local residents are pushing back. New Costco approved in California, but some locals say location is ‘unnecessary’
• Positive Sentiment: Costco began alcohol sales at a Pennsylvania store, another example of incremental in-store offerings that can increase traffic and basket size. Costco Wholesale begins alcohol sales at Pennsylvania store
• Neutral Sentiment: Articles on a possible special dividend and a potential stock split are mostly speculative; they may interest shareholders, but they do not appear to be the main near-term driver of the stock. Will Costco Pay a Special Dividend in 2026? Here’s What History Says.
• Neutral Sentiment: Analysts and commentators continue to debate Costco’s valuation, noting strong long-term returns but also that the stock looks expensive on earnings, which can cap upside. Costco (COST) Stock Looks Strong On Returns But Expensive On Earnings
• Negative Sentiment: One recent analysis said Costco’s growth engine may be losing momentum as lower fuel prices could reduce a key traffic driver and create execution risk for the stock. Costco’s secret growth engine may be running out of gas
• Negative Sentiment: Another report highlighted that Costco has underperformed the broader market over the past three months, reflecting investor concern about its premium valuation. Why Costco Stock (COST) Underperformed the S&P 500 Over the Past 3 Months

Analysts Set New Price Targets

A number of equities analysts recently weighed in on COST shares. Mizuho set a $1,100.00 target price on shares of Costco Wholesale in a research report on Monday, June 1st. JPMorgan Chase & Co. lifted their price target on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the company an “overweight” rating in a report on Friday, April 17th. TD Cowen reiterated a “buy” rating and issued a $1,175.00 price target on shares of Costco Wholesale in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, BTIG Research restated a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a research report on Friday, May 29th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,061.45.

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.