North Dallas Bank & Trust Co. Acquires New Stake in Costco Wholesale Corporation $COST

North Dallas Bank & Trust Co. acquired a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 970 shares of the retailer’s stock, valued at approximately $836,000.

A number of other large investors have also made changes to their positions in the stock. Pettyjohn Wood & White Inc. boosted its stake in shares of Costco Wholesale by 18.0% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 1,003 shares of the retailer’s stock valued at $865,000 after acquiring an additional 153 shares during the last quarter. Eldridge Investment Advisors Inc. boosted its stake in shares of Costco Wholesale by 4.5% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 417 shares of the retailer’s stock valued at $360,000 after acquiring an additional 18 shares during the last quarter. Westerkirk Capital Inc. boosted its stake in shares of Costco Wholesale by 21.7% during the fourth quarter. Westerkirk Capital Inc. now owns 6,058 shares of the retailer’s stock valued at $5,224,000 after acquiring an additional 1,080 shares during the last quarter. X Square Capital LLC boosted its stake in shares of Costco Wholesale by 1.9% during the fourth quarter. X Square Capital LLC now owns 2,614 shares of the retailer’s stock valued at $2,254,000 after acquiring an additional 48 shares during the last quarter. Finally, Montis Financial LLC boosted its stake in shares of Costco Wholesale by 8.0% during the fourth quarter. Montis Financial LLC now owns 271 shares of the retailer’s stock valued at $233,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

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More Costco Wholesale News

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

• Positive Sentiment: Costco reported record demand for gasoline, which reinforces traffic and engagement at its warehouses and supports the company’s value proposition. Costco sees record demand for gas since Middle East war
• Positive Sentiment: Its digital sales jumped more than 21%, signaling continued momentum in e-commerce and omnichannel growth. Costco’s Digital Sales Jumped 21% and Gas Volumes Hit a Record. So Why Did COST Stock Drop 5%?
• Positive Sentiment: Costco also lowered prices on select Kirkland Signature products, a move that could strengthen member loyalty and help drive traffic as shoppers look for value. Costco lowers prices on four private-label products across food, home goods and sports equipment aisles
• Neutral Sentiment: Short-interest data appears unreliable in the filing shown, so it does not provide a clear read on sentiment.
• Negative Sentiment: Despite the strong operational updates, investors appeared to focus on valuation and near-term stock weakness, with commentary noting the shares have been falling in recent weeks. Should You Buy Costco Wholesale Stock While It’s Below $1,000?

Analysts Set New Price Targets

A number of analysts recently commented on COST shares. Oppenheimer increased their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Sanford C. Bernstein increased their target price 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. Raymond James Financial increased their target price on Costco Wholesale from $1,000.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Evercore set a $1,100.00 target price on Costco Wholesale in a research report on Monday, March 2nd. Finally, Bank of America increased their target price on Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Twenty-two 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 stock. Based on data from MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average price target of $1,060.41.

Check Out Our Latest Analysis on Costco Wholesale

Costco Wholesale Stock Performance

NASDAQ COST opened at $968.59 on Wednesday. The business’s 50-day moving average price is $1,006.30 and its 200 day moving average price is $965.46. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company has a market capitalization of $429.55 billion, a PE ratio of 48.72, a price-to-earnings-growth ratio of 4.72 and a beta of 0.88. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST – Get Free Report) last released its 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). 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 for the quarter, compared to analysts’ expectations of $70.12 billion. During the same quarter last year, the company posted $4.28 earnings per share. On average, research analysts predict that Costco Wholesale Corporation will post 20.38 earnings per share for the current year.

Costco Wholesale Increases Dividend

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

Costco Wholesale Profile

(Free Report)

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.

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