D.A. Davidson & CO. Has $188.71 Million Stock Holdings in Costco Wholesale Corporation $COST

D.A. Davidson & CO. grew its stake in Costco Wholesale Corporation (NASDAQ:COST) by 0.5% during the first quarter, HoldingsChannel.com reports. The firm owned 189,386 shares of the retailer’s stock after buying an additional 994 shares during the period. Costco Wholesale makes up about 1.1% of D.A. Davidson & CO.’s holdings, making the stock its 12th biggest holding. D.A. Davidson & CO.’s holdings in Costco Wholesale were worth $188,711,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Costco Wholesale during the 4th quarter worth about $27,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Costco Wholesale in the 4th quarter valued at approximately $28,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Costco Wholesale in the 4th quarter valued at approximately $28,000. Entrust Financial LLC bought a new position in Costco Wholesale during the 4th quarter worth approximately $31,000. Finally, Joseph Group Capital Management acquired a new position in Costco Wholesale during the fourth quarter valued at approximately $33,000. 68.48% of the stock is currently owned by institutional investors.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Costco’s launch of Borealis Foods’ Chef Woo high-protein noodles is drawing strong early member demand, highlighting Costco’s ability to quickly scale trending, health-oriented products and support traffic in its warehouses. Borealis Foods Expands Access to Protein-Rich Chef Woo Noodles Through Costco
• Positive Sentiment: Another report says Costco will open seven new warehouse locations in August, reinforcing the company’s steady expansion strategy and long-term membership growth potential. Costco announces 7 new warehouse locations to open in August
• Positive Sentiment: Royal Bank of Canada initiated coverage with a $1,000 price target, signaling Wall Street still sees upside from current levels despite recent weakness. Costco Wholesale is now covered by Royal Bank Of Canada
• Neutral Sentiment: Several commentary pieces focused on Costco’s dividend, valuation, and reputation as a defensive retailer; these are supportive of the investment case, but they do not appear to be immediate stock-moving catalysts. Here’s How Many Shares of Costco Stock You’d Need for $1,000 in Yearly Dividends
• Neutral Sentiment: Other articles praised Costco’s resilience in uncertain consumer conditions and its success in international markets, but these were mainly background/analyst commentary rather than new fundamental developments. Casey’s, Costco, and Other Consumer Stocks for Uncertain Times
• Negative Sentiment: Some coverage noted Costco’s stock has been weak recently and that investors are questioning whether the dip is a buying opportunity, which can keep sentiment cautious in the near term. Costco Stock: Buy the Dip?

Costco Wholesale Price Performance

COST stock opened at $916.54 on Thursday. The stock has a 50-day moving average price of $978.42 and a two-hundred day moving average price of $977.29. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The stock has a market cap of $406.47 billion, a PE ratio of 46.10, a price-to-earnings-growth ratio of 4.46 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) last issued its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The firm had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter last year, the firm earned $4.28 earnings per share. Equities analysts forecast that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their target price on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Mizuho set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Monday, June 1st. Roth Capital upped their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research report on Friday, May 29th. Finally, Sanford C. Bernstein raised their price objective on Costco Wholesale from $1,192.00 to $1,194.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,059.07.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the sale, the director owned 4,779 shares in the company, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

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.