Covea Finance Has $12.81 Million Holdings in Costco Wholesale Corporation $COST

Covea Finance lessened its stake in shares of Costco Wholesale Corporation (NASDAQ:COST) by 63.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,854 shares of the retailer’s stock after selling 25,810 shares during the quarter. Covea Finance’s holdings in Costco Wholesale were worth $12,809,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in COST. Soundwatch Capital LLC boosted its position in Costco Wholesale by 635.7% during the second quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after purchasing an additional 2,206 shares during the period. Hurley Capital LLC boosted its holdings in shares of Costco Wholesale by 120.0% during the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after buying an additional 18 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Costco Wholesale in the 3rd quarter valued at $34,000. Collier Financial bought a new position in Costco Wholesale in the 3rd quarter worth $35,000. Finally, AXS Investments LLC bought a new stake in Costco Wholesale during the third quarter valued at about $36,000. 68.48% of the stock is owned by institutional investors.

Insider Activity at Costco Wholesale

In related news, EVP Russell D. Miller sold 1,500 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $916.32, for a total transaction of $1,374,480.00. Following the completion of the sale, the executive vice president owned 8,240 shares in the company, valued at $7,550,476.80. This trade represents a 15.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Claudine Adamo sold 730 shares of Costco Wholesale stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total transaction of $732,204.60. Following the transaction, the executive vice president directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 7,645 shares of company stock valued at $7,049,302. Insiders own 0.10% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco is keeping fuel prices low with a deliberate pricing strategy to stay cheaper than competitors, which can drive continued traffic and membership value. As Gas Prices Soar, Costco’s Using This Smart Strategy To Stay Cheaper Than Most
• Positive Sentiment: Analyst coverage remains constructive: consensus ratings across brokerages show a majority buy/moderate-buy stance, supporting investor confidence. Costco Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Costco upgraded its retail-media platform, a potential new ad-revenue stream that can boost margins over time. Costco upgrades its retail media platform
• Positive Sentiment: Multiple bullish write-ups (seeking-alpha coverage and long-term valuation defenses) are reinforcing the narrative that Costco’s membership model and pricing power can sustain outperformance. Costco: A Likely Outperformer Based On The Business Model
• Neutral Sentiment: CEO Ron Vachris addressed questions about the $1.50 hot dog combo, offering clarity to a vocal part of Costco’s brand/PR — removes a potential source of uncertainty but has limited direct earnings impact. Costco CEO gives update on future of $1.50 hot dog and soda combo
• Neutral Sentiment: Costco added new Kirkland Signature items (and launched a private-label refrigerated dog food), moves that can deepen margins and member loyalty but may take time to scale. Costco adds Kirkland Signature items
• Neutral Sentiment: Industry coverage and investor-interest pieces (Zacks, Yahoo, TipRanks) are drawing attention to COST, which can amplify trading activity but not necessarily change fundamentals. Costco is Attracting Investor Attention
• Negative Sentiment: Valuation remains a risk: COST trades at a premium (P/E around 50x), leaving limited room for error if same-store sales or margin expansion disappoint — this makes the stock sensitive to any weaker-than-expected data.

Costco Wholesale Stock Down 0.3%

NASDAQ COST opened at $972.33 on Friday. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,067.08. The company has a market capitalization of $431.37 billion, a price-to-earnings ratio of 50.56, a PEG ratio of 4.82 and a beta of 1.01. The stock’s 50 day moving average is $984.26 and its two-hundred day moving average is $938.57. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. The business had revenue of $69.60 billion during the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.Costco Wholesale’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.02 EPS. Equities analysts forecast that Costco Wholesale Corporation will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale’s dividend payout ratio is currently 27.04%.

Wall Street Analyst Weigh In

COST has been the topic of a number of research analyst reports. The Goldman Sachs Group lowered their target price on Costco Wholesale from $1,171.00 to $1,088.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $1,155.00 target price on shares of Costco Wholesale in a research report on Monday, February 9th. TD Cowen restated a “buy” rating on shares of Costco Wholesale in a research report on Friday, March 6th. Robert W. Baird set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Thursday, February 5th. Finally, UBS Group set a $1,175.00 target price on Costco Wholesale in a research report 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,039.13.

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.