Harbour Trust & Investment Management Co Has $25.39 Million Stock Holdings in Costco Wholesale Corporation $COST

Harbour Trust & Investment Management Co grew its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 14.4% during the 4th quarter, HoldingsChannel reports. The firm owned 29,437 shares of the retailer’s stock after acquiring an additional 3,712 shares during the quarter. Costco Wholesale comprises about 2.6% of Harbour Trust & Investment Management Co’s investment portfolio, making the stock its 7th biggest position. Harbour Trust & Investment Management Co’s holdings in Costco Wholesale were worth $25,385,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hurley Capital LLC raised its stake in shares of Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock valued at $31,000 after buying an additional 18 shares in the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Costco Wholesale in the third quarter valued at about $34,000. Collier Financial acquired a new position in shares of Costco Wholesale during the third quarter worth about $35,000. AXS Investments LLC bought a new position in shares of Costco Wholesale during the third quarter worth about $36,000. Finally, Imprint Wealth LLC bought a new stake in Costco Wholesale in the 3rd quarter valued at approximately $36,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Insider Buying and Selling at Costco Wholesale

In other news, EVP Claudine Adamo sold 730 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the sale, the executive vice president owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Trading Down 0.2%

Shares of COST stock opened at $1,003.70 on Thursday. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,067.08. The company has a market capitalization of $445.29 billion, a PE ratio of 52.19, a price-to-earnings-growth ratio of 4.96 and a beta of 0.99. The firm has a 50 day moving average price of $996.95 and a two-hundred day moving average price of $946.64. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. The company had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.02 earnings per share. As a group, analysts predict that Costco Wholesale Corporation will post 20.31 earnings per share for the current year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, May 1st. This is a positive change from Costco Wholesale’s previous quarterly dividend of $1.30. Costco Wholesale’s dividend payout ratio (DPR) is 27.04%.

Costco Wholesale News Summary

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

• Positive Sentiment: Board approved a meaningful dividend increase (quarterly to $1.47, annualized $5.88), a direct cash return that supports income-oriented holders and signals confidence in cash flow. Costco (COST) Approves Quarterly Dividend Increase Amid Robust Sales Growth
• Positive Sentiment: Management is pushing aggressive store growth — targeting ~30 new warehouses per year — which should relieve overcrowding, widen membership reach and support long-term sales/margin improvements if execution stays on track. Costco plans major growth push, targeting 30 new locations annually
• Positive Sentiment: Local expansion continues (example: a new Costco planned for northeast Edmonton), reinforcing the growth story at the store level. A new Costco location is in the works for northeast Edmonton
• Neutral Sentiment: Kroger’s costly automation rollout failure highlights execution risk in grocery tech — a negative for Kroger but indirectly a reminder that Costco’s simpler, scale-driven model can have competitive advantages; effect on COST is ambiguous. Why Kroger’s $2.6B Automation Bet Failed
• Neutral Sentiment: Broader retail/consumer news (e.g., Tractor Supply’s miss) may add short-term sector noise but doesn’t directly change Costco’s fundamentals. Tractor Supply Is Today’s Worst S&P 500 Stock. Here’s Why.
• Negative Sentiment: Valuation concerns: multiple analyst/press pieces argue COST looks expensive near $1,000 and suggest other S&P names with similar resilience but cheaper multiples — this commentary can prompt profit-taking and cap upside. Is Costco’s Stock Too Expensive Now?
• Negative Sentiment: Competition: BJ’s expansion into Texas increases regional competition in the warehouse club space, which could pressure market share/pricing in specific markets over time. New BJ’s locations Texas: Club rivaling Costco, Sam’s expands to Texas

Wall Street Analyst Weigh In

Several equities research analysts have commented on COST shares. Robert W. Baird set a $1,100.00 price target on shares of Costco Wholesale in a research report on Thursday, February 5th. Jefferies Financial Group reissued a “buy” rating and issued a $1,050.00 target price on shares of Costco Wholesale in a research note on Thursday, March 5th. UBS Group set a $1,175.00 price target on shares of Costco Wholesale in a research report on Friday, March 6th. Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Monday, March 2nd. Finally, Raymond James Financial upped their price objective on Costco Wholesale from $1,000.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Twenty-two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,045.97.

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.