Carmignac Gestion Sells 3,502 Shares of Costco Wholesale Corporation $COST

Carmignac Gestion lowered its position in Costco Wholesale Corporation (NASDAQ:COST) by 75.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,151 shares of the retailer’s stock after selling 3,502 shares during the period. Carmignac Gestion’s holdings in Costco Wholesale were worth $1,147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. S&A Financial Services Inc. bought a new stake in shares of Costco Wholesale during the first quarter valued at approximately $1,936,000. E Wealth Partners LLC purchased a new stake in Costco Wholesale in the first quarter worth $392,000. FAS Wealth Partners Inc. raised its holdings in Costco Wholesale by 1.4% in the first quarter. FAS Wealth Partners Inc. now owns 7,368 shares of the retailer’s stock worth $7,342,000 after purchasing an additional 103 shares in the last quarter. Robinswood Financial LLC bought a new position in Costco Wholesale in the first quarter worth $1,662,000. Finally, Pine Valley Investments Ltd Liability Co lifted its position in Costco Wholesale by 6.3% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 7,798 shares of the retailer’s stock valued at $7,770,000 after buying an additional 459 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Analysts and financial publications continue to highlight Costco’s strong momentum, durable membership model, consistent profit growth and long-term shareholder returns. One analysis suggests the retailer could eventually pursue trillion-dollar-company status if it sustains warehouse expansion, membership growth and operating execution. Why Costco Is a Strong Momentum Stock
• Positive Sentiment: Costco’s reported experiment with expanding or changing gasoline sales could create another source of traffic, member engagement and revenue over time, although the financial impact remains uncertain. Costco Gasoline Sales Experiment
• Positive Sentiment: New product partnerships and continued customer interest—including expanded beverage distribution and popular food offerings—reinforce Costco’s ability to attract shoppers and support sales, though these developments are not expected to materially change near-term earnings. Coco5 Costco Partnership

Insider Buying and Selling

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $951.89 on Monday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,096.50. The company has a market capitalization of $422.14 billion, a price-to-earnings ratio of 47.88, a price-to-earnings-growth ratio of 4.60 and a beta of 0.87. The business’s fifty day simple moving average is $955.42 and its two-hundred day simple moving average is $982.38. 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 earnings per share for the quarter, missing the consensus estimate of $4.94 by ($0.01). The company had revenue of $70.53 billion for 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 in the previous year, the business earned $4.28 earnings per share. As a group, equities analysts predict that Costco Wholesale Corporation will post 20.42 earnings per share for the current fiscal year.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th 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 of this dividend is Friday, July 24th. Costco Wholesale’s dividend payout ratio is 29.58%.

Analyst Ratings Changes

A number of analysts have recently commented on COST shares. UBS Group boosted their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Roth Capital increased their price target 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. Weiss Ratings cut shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Bank of America boosted their price objective on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a report on Monday, June 1st. Twenty-two 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,059.07.

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.