Caisse Des Depots ET Consignations Sells 2,210 Shares of Costco Wholesale Corporation $COST

Key Points

• Caisse Des Depots ET Consignations sold 2,210 shares of Costco, trimming its stake by 30.7% to 4,980 shares worth $4.294 million at the end of the quarter.
• Costco raised its quarterly dividend to $1.47 (from $1.30), payable May 15 with an ex-dividend date of May 1, and reported Q results of $4.58 EPS (beating estimates) and revenue of $69.6 billion, up 9.2% year-over-year.
• The stock trades at a rich valuation (P/E ~52.61) while Wall Street remains broadly positive with a consensus "Moderate Buy" and recent price-target increases from major brokers.

Caisse Des Depots ET Consignations lowered its stake in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 30.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,980 shares of the retailer's stock after selling 2,210 shares during the quarter. Caisse Des Depots ET Consignations' holdings in Costco Wholesale were worth $4,294,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Silver Oak Securities Incorporated raised its holdings in Costco Wholesale by 49.3% in the 3rd quarter. Silver Oak Securities Incorporated now owns 3,780 shares of the retailer's stock worth $3,499,000 after acquiring an additional 1,248 shares during the last quarter. FORA Capital LLC bought a new position in Costco Wholesale during the third quarter valued at approximately $2,781,000. Teacher Retirement System of Texas lifted its position in Costco Wholesale by 24.5% during the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer's stock valued at $121,098,000 after purchasing an additional 27,625 shares during the period. Curtis Advisory Group LLC lifted its position in Costco Wholesale by 56.7% during the fourth quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer's stock valued at $3,911,000 after purchasing an additional 1,641 shares during the period. Finally, Mariner LLC lifted its position in Costco Wholesale by 1.5% during the third quarter. Mariner LLC now owns 399,894 shares of the retailer's stock valued at $370,140,000 after purchasing an additional 5,937 shares during the period. Institutional investors own 68.48% of the company's stock.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Amy’s Kitchen will roll select frozen meals into more than 150 Costco warehouses across key U.S. markets, expanding fresh/organic assortment and potentially boosting food sales and member engagement. Amy's Kitchen Lands Costco Distribution in Three Major Markets, Bringing Organic Frozen Meals to Millions of Members
• Positive Sentiment: Costco is hiring ahead of a new Guilderland, NY warehouse opening — a sign of continued unit growth that supports revenue and membership expansion over time. Costco begins hiring as opening of Guilderland warehouse nears
• Positive Sentiment: Analyst/market pieces highlight Costco’s strong membership metrics and ability to convert members to higher-fee Executive tiers, supporting recurring revenue and margins. This ongoing narrative underpins bullish views despite macro uncertainty. Better Buy: Walmart or Costco Stock
• Positive Sentiment: Costco received recognition in TIME’s influential companies coverage, reinforcing brand strength that supports long-term customer loyalty and pricing power. Costco Wholesale
• Neutral Sentiment: Retail-focused stories on seasonal merchandise and promotions (patio furniture roundups, a Dyson sale) reflect normal merchandising and traffic drivers but are routine and unlikely to move fundamentals by themselves. 9 Costco Patio Dining Furniture Sets To Look For In 2026
• Neutral Sentiment: Costco quietly changed elements of its long-standing $1.50 hot dog combo (product tweaks, price intact), a brand-story item that signals attention to costs but keeps the iconic price point. Costco changed the hot dog combo after 40 years. Is it still $1.50? Here's what to know
• Negative Sentiment: Several pieces question whether COST’s strong YTD performance and premium valuation leave ample upside from current levels, highlighting its high P/E and recent run — a valuation headwind that can pressure the stock if growth expectations slip. Is It Too Late To Consider Costco Wholesale (COST) After Its Strong Year To Date Run?

Costco Wholesale Stock Down 0.3%

Shares of COST stock opened at $1,011.70 on Friday. Costco Wholesale Corporation has a 12 month low of $844.06 and a 12 month high of $1,067.08. The stock has a market cap of $448.84 billion, a P/E ratio of 52.61, a P/E/G ratio of 5.00 and a beta of 0.92. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The company has a 50 day simple moving average of $996.93 and a two-hundred day simple moving average of $949.91.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its earnings results on Wednesday, March 11th. The retailer reported $4.58 EPS for the quarter, beating analysts' consensus estimates of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The business had revenue of $69.60 billion during the quarter, compared to analysts' expectations of $68.96 billion. During the same period in the prior year, the company earned $4.02 earnings per share. The firm's revenue was up 9.2% on a year-over-year basis. On average, research analysts expect that Costco Wholesale Corporation will post 20.32 earnings per share for the current year.

Costco Wholesale Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be issued a dividend of $1.47 per share. This is an increase from Costco Wholesale's previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, May 1st. Costco Wholesale's dividend payout ratio is currently 27.04%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on COST. JPMorgan Chase & Co. increased their price objective on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the company an "overweight" rating in a research report on Friday, April 17th. BMO Capital Markets increased their price objective on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. UBS Group set a $1,175.00 price objective on shares of Costco Wholesale in a research report on Friday, March 6th. Weiss Ratings upgraded shares of Costco Wholesale from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, March 17th. Finally, BTIG Research restated a "buy" rating and set a $1,115.00 price objective on shares of Costco Wholesale in a research report on Thursday, March 5th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,045.97.

Insider Buying and Selling

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 6,121 shares of the company's stock, valued at approximately $6,139,485.42. This represents a 10.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company's stock.

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.

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