Comgest Global Investors S.A.S. Sells 9,232 Shares of Costco Wholesale Corporation $COST

Comgest Global Investors S.A.S. cut its holdings in Costco Wholesale Corporation (NASDAQ:COST) by 6.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,470 shares of the retailer’s stock after selling 9,232 shares during the quarter. Costco Wholesale accounts for approximately 2.1% of Comgest Global Investors S.A.S.’s holdings, making the stock its 17th largest position. Comgest Global Investors S.A.S.’s holdings in Costco Wholesale were worth $117,990,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Soundwatch Capital LLC boosted its stake in shares of Costco Wholesale by 635.7% in the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock worth $25,000 after buying an additional 2,206 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in Costco Wholesale during the second quarter valued at approximately $31,000. Abich Financial Wealth Management LLC bought a new position in Costco Wholesale in the third quarter worth approximately $34,000. Collier Financial purchased a new position in shares of Costco Wholesale during the 3rd quarter worth $35,000. Finally, AXS Investments LLC bought a new stake in shares of Costco Wholesale during the 3rd quarter valued at $36,000. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale News Summary

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

• Positive Sentiment: Nike limited-release collaboration is generating social-media hype and high resale prices, driving earned awareness and foot traffic that could boost sales and membership perception. Why Nike Partnering with Costco Is Actually a Genius Move
• Positive Sentiment: Rothschild & Co Redburn raised its price target to $1,000 (from $890) — a signal that some sell‑side analysts see further upside even as the firm kept a neutral rating. That can support investor confidence. Rothschild & Co Redburn adjusts PT on Costco Wholesale to $1,000
• Positive Sentiment: New member-facing services (online/custom cake ordering and popular new food-court items) are incremental revenue drivers and improve the value proposition for members. These rollouts support same-store engagement and ancillary sales. Costco unveiling online cake ordering
• Positive Sentiment: New club openings (example: a $62M Costco in a small Texas town) expand capacity and membership growth opportunities in underpenetrated markets. Tiny Texas town gears up for spring opening of $62M Costco
• Neutral Sentiment: Costco is paying dividends this February — a reminder of shareholder income support, but the payout is small relative to market cap and not a major valuation lever. Costco is Paying Dividends in February
• Neutral Sentiment: Market commentary notes COST underperformed while the broader market improved, highlighting near-term sentiment pressure despite longer-term fundamentals. Useful for traders assessing rotation risk. Costco (COST) Stock Declines While Market Improves
• Negative Sentiment: Costco is issuing refunds and recalling certain restaurant gift cards after an issuer bankruptcy/program closure — this creates short-term refund liability, member inconvenience and potential revenue timing issues. Costco to issue refunds for Synergy gift card program closure Costco Is Recalling Gift Cards Issued for Hundreds of Restaurants
• Negative Sentiment: Class-action lawsuits allege Costco’s rotisserie chicken poses a salmonella risk — legal exposure and negative PR could pressure margins and traffic if issues widen or lead to recalls. Class-action lawsuit alleges Costco’s rotisserie chicken poses salmonella risk
• Negative Sentiment: Company confirmation of strict entrance/exit store rules may harm in-store convenience and shopper throughput, a modest negative for traffic and member experience. Costco Confirms Strict Entrance and Exit Rules

Insider Activity at Costco Wholesale

In related news, Director Susan L. Decker sold 458 shares of Costco Wholesale stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $955.00, for a total value of $437,390.00. Following the completion of the transaction, the director owned 8,532 shares in the company, valued at approximately $8,148,060. This trade represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP James C. Klauer sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $939.00, for a total value of $1,408,500.00. Following the sale, the executive vice president owned 44,837 shares in the company, valued at approximately $42,101,943. This trade represents a 3.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,915 shares of company stock valued at $6,317,097 over the last quarter. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on COST. Telsey Advisory Group reiterated an “outperform” rating and set a $1,100.00 target price on shares of Costco Wholesale in a research report on Monday, February 2nd. UBS Group reissued a “buy” rating on shares of Costco Wholesale in a report on Friday, December 12th. Roth Mkm reaffirmed a “sell” rating on shares of Costco Wholesale in a report on Wednesday, February 4th. DA Davidson reissued a “neutral” rating and issued a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, February 5th. Finally, Rothschild & Co Redburn lifted their target price on shares of Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research note on Tuesday. Twenty-one equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,008.07.

Costco Wholesale Stock Performance

Shares of NASDAQ COST opened at $996.08 on Thursday. The firm’s fifty day moving average is $930.48 and its two-hundred day moving average is $933.95. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,067.08. The company has a market cap of $442.13 billion, a P/E ratio of 53.35, a P/E/G ratio of 5.34 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. The firm had revenue of $67.31 billion during the quarter, compared to analyst estimates of $67.03 billion. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.04 earnings per share. As a group, analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is 27.85%.

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.