1,877 Costco Wholesale Corporation $COST Shares Sold by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe reduced its Costco stake by 97.9%, selling 1,877 shares and retaining 40 shares worth approximately $36,000. Institutional investors and hedge funds overall own 68.48% of the company.
• Analysts remain broadly positive, with 22 Buy, 10 Hold, and one Sell rating; however, several firms recently lowered their price targets. Costco has an average “Moderate Buy” rating and a consensus target of $1,046.27.
• Costco reported strong quarterly results, including $6.75 in EPS and $95.72 billion in revenue, but its premium valuation—about 45.7 times earnings—leaves the stock sensitive to any slowdown in sales, memberships, or margins.

Quintet Private Bank Europe S.A. cut its stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 97.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40 shares of the retailer's stock after selling 1,877 shares during the quarter. Quintet Private Bank Europe S.A.'s holdings in Costco Wholesale were worth $36,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in shares of Costco Wholesale in the second quarter worth approximately $6,781,946,000. Diamant Asset Management Inc. increased its position in Costco Wholesale by 99,278.0% during the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer's stock valued at $672,690,000 after purchasing an additional 6,720,130 shares during the period. State Street Corp increased its position in Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer's stock valued at $22,359,224,000 after purchasing an additional 5,749,362 shares during the period. Corient Private Wealth LLC increased its position in Costco Wholesale by 838.9% during the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer's stock valued at $5,282,182,000 after purchasing an additional 5,472,968 shares during the period. Finally, Legal & General Group Plc bought a new position in Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COST. Raymond James Financial dropped their price target on shares of Costco Wholesale from $1,100.00 to $1,050.00 and set an "outperform" rating on the stock in a research report on Friday, September 25th. Evercore reissued an "outperform" rating on shares of Costco Wholesale in a research note on Tuesday, September 22nd. Wells Fargo & Company lowered their target price on shares of Costco Wholesale from $1,000.00 to $950.00 and set an "equal weight" rating for the company in a research note on Friday, September 25th. Jefferies Financial Group dropped their target price on shares of Costco Wholesale from $1,130.00 to $1,100.00 in a report on Friday, September 25th. Finally, Freedom Broker cut their price target on shares of Costco Wholesale from $1,030.00 to $1,010.00 and set a "buy" rating on the stock in a research report on Friday, September 25th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $1,046.27.

Key Costco Wholesale News

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

• Positive Sentiment: Strong customer traffic and transaction growth supported broad-based comparable-sales gains. U.S. comparable sales increased 12.5%, Canada rose 6.3%, and other international markets gained 10.8%, offering evidence that Costco’s membership model continues to attract shoppers. Costco sales rise in September as strong traffic drives start to fiscal 2027
• Positive Sentiment: Digital sales grew approximately 19%, adding another growth channel and strengthening expectations for a solid start to fiscal 2027. The report also supports the view that Costco’s international operations remain an important contributor to future revenue growth. Costco's September Sales Rise 13% on Strong Comps, Digital Growth
• Neutral Sentiment: Investors are paying a premium for this consistency: COST trades at roughly 45 times trailing earnings. The valuation reflects expectations for years of continued growth, leaving the stock particularly sensitive to any slowdown in traffic, memberships, or margins. What Are Costco Investors Betting On?
• Negative Sentiment: Some of the headline sales strength came from higher gasoline prices and other potentially lower-margin or one-time effects. Analysts therefore caution that the underlying 7.6% increase, while healthy, is less dramatic than the 13% reported-sales gain. Costco's Sales Rebound in September Looks Great on Paper. Why There's More to the Story.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $947.92 on Friday. The stock has a market capitalization of $420.38 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 4.03 and a beta of 0.88. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The stock's 50 day moving average price is $930.81 and its two-hundred day moving average price is $963.49. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 1.06.

Costco Wholesale (NASDAQ:COST - Get Free Report) last released its quarterly earnings data on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The company had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. During the same quarter in the previous year, the business posted $5.87 EPS. Costco Wholesale's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts predict that Costco Wholesale Corporation will post 22.86 earnings per share for the current year.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 2,200 shares of the firm's stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the completion of the sale, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. This trade represents a 23.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Costco Wholesale Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.

Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.

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