TD Waterhouse Canada Inc. Trims Stock Holdings in Costco Wholesale Corporation $COST

TD Waterhouse Canada Inc. reduced its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 1.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 333,022 shares of the retailer’s stock after selling 3,959 shares during the period. Costco Wholesale comprises 0.8% of TD Waterhouse Canada Inc.’s portfolio, making the stock its 28th biggest position. TD Waterhouse Canada Inc.’s holdings in Costco Wholesale were worth $308,070,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Global Assets Advisory LLC boosted its holdings in Costco Wholesale by 21.9% during the 2nd quarter. Global Assets Advisory LLC now owns 1,775 shares of the retailer’s stock valued at $1,644,000 after acquiring an additional 319 shares during the period. Oak Harvest Investment Services increased its stake in Costco Wholesale by 7.1% in the second quarter. Oak Harvest Investment Services now owns 14,682 shares of the retailer’s stock worth $13,734,000 after purchasing an additional 972 shares during the period. Processus Wealth & Capital Management LLC increased its stake in Costco Wholesale by 0.4% in the second quarter. Processus Wealth & Capital Management LLC now owns 5,019 shares of the retailer’s stock worth $4,696,000 after purchasing an additional 20 shares during the period. Ballast Inc. lifted its position in shares of Costco Wholesale by 15.7% during the second quarter. Ballast Inc. now owns 3,501 shares of the retailer’s stock worth $3,275,000 after purchasing an additional 475 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC lifted its position in shares of Costco Wholesale by 3.7% during the second quarter. Regent Peak Wealth Advisors LLC now owns 1,913 shares of the retailer’s stock worth $1,790,000 after purchasing an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings lowered shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Roth Capital increased their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the stock a “sell” rating in a research note on Friday, May 29th. Royal Bank Of Canada began coverage on shares of Costco Wholesale in a report on Monday, July 13th. They set a “sector perform” rating and a $1,000.00 target price for the company. HC Wainwright reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Finally, Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research note on Monday, June 1st. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average target price of $1,059.53.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco outperformed the broader market in the latest session, reflecting continued investor interest in its membership-based warehouse model and ability to attract value-conscious consumers. Costco Outpaces Stock Market Gains
• Positive Sentiment: Analysts remain moderately optimistic about Costco’s long-term prospects, while separate retail coverage identified Costco as one of several chains positioned for a potential earnings beat because of resilient demand, value offerings and digital growth. Wall Street Analysts on Costco Retail Stocks Poised for an Earnings Beat
• Positive Sentiment: Costco is expanding its assortment and customer appeal: BrightFarms’ locally grown salad greens are entering Atlanta-area warehouses, a reusable tote set is rolling out in West Coast stores and online, and Kirkland Signature chocolate chips have returned after a two-year absence. These launches may support traffic, customer loyalty and private-label engagement, although their direct financial impact is likely modest. BrightFarms Salad Greens at Costco Costco Reusable Tote Launch Kirkland Chocolate Chips Return
• Neutral Sentiment: Plans for seven new Costco locations in 2026 reinforce the company’s unit-growth strategy, but the stores will require time and investment before contributing materially to earnings. New Costco Locations in 2026
• Negative Sentiment: Costco’s premium valuation remains a risk for investors: the shares trade at a high earnings multiple, leaving less room for disappointment despite the favorable outlook. The latest reported quarter also narrowly missed the consensus EPS estimate, although revenue exceeded expectations.

Costco Wholesale Stock Up 1.3%

COST stock opened at $961.85 on Friday. 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 firm’s fifty day moving average is $949.99 and its 200 day moving average is $981.44. The firm has a market cap of $426.56 billion, a PE ratio of 48.38, a P/E/G ratio of 4.52 and a beta of 0.87.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The firm had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. During the same quarter last year, the company posted $4.28 EPS. On average, research analysts forecast that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were given a dividend of $1.47 per share. The ex-dividend date was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is currently 29.58%.

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the firm’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 directly owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Costco Wholesale 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.