Groupama Asset Managment Purchases 2,060 Shares of Costco Wholesale Corporation $COST

Groupama Asset Managment boosted its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 11.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 19,627 shares of the retailer’s stock after purchasing an additional 2,060 shares during the period. Groupama Asset Managment’s holdings in Costco Wholesale were worth $19,557,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of COST. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Costco Wholesale in the fourth quarter worth approximately $27,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $28,000. Entrust Financial LLC bought a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $31,000. Finally, Joseph Group Capital Management bought a new stake in shares of Costco Wholesale during the fourth quarter valued at approximately $33,000. 68.48% of the stock is currently owned by institutional investors.

Costco Wholesale Stock Down 0.2%

Shares of Costco Wholesale stock opened at $951.89 on Friday. The company has a market cap of $422.14 billion, a price-to-earnings ratio of 47.88, a price-to-earnings-growth ratio of 4.61 and a beta of 0.88. The company’s 50 day moving average is $955.42 and its 200 day moving average is $982.10. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17.

Costco Wholesale (NASDAQ:COST) last announced its earnings results 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). The company had revenue of $70.53 billion for the quarter, compared to analysts’ expectations 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 prior year, the firm posted $4.28 earnings per share. Research analysts anticipate that Costco Wholesale Corporation will post 20.42 EPS for the current year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be given a $1.47 dividend. 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 (DPR) is presently 29.58%.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was 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 $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

COST has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their price objective on Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. The Goldman Sachs Group increased their target price on 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. BTIG Research reissued a “buy” rating and issued a $1,125.00 target price on shares of Costco Wholesale in a report on Friday, May 29th. Truist Financial boosted their price target on Costco Wholesale from $977.00 to $1,011.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Finally, Guggenheim reaffirmed a “neutral” 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,059.07.

Costco Wholesale News Summary

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

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.