Costco Wholesale Corporation $COST Stock Holdings Boosted by Oddo BHF Asset Management Sas

Key Points

• Oddo BHF Asset Management Sas increased its Costco stake by 21.5% in the fourth quarter, adding 1,463 shares to bring its total holdings to 8,268 shares worth about $7.13 million.
• Other institutional investors also made major moves in Costco, including large new or expanded positions from Norges Bank, Cardano Risk Management, Assenagon Asset Management, Amundi, and Vestor Capital. Overall, institutions own 68.48% of Costco’s shares.
• Analysts remain broadly bullish on Costco, with 22 Buy ratings, 11 Hold ratings, and 1 Sell rating; the average price target is $1,060.41. The company also recently raised its quarterly dividend to $1.47 per share from $1.30.

Oddo BHF Asset Management Sas raised its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 21.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,268 shares of the retailer's stock after acquiring an additional 1,463 shares during the period. Oddo BHF Asset Management Sas' holdings in Costco Wholesale were worth $7,130,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in COST. Norges Bank bought a new stake in Costco Wholesale during the 4th quarter valued at $5,195,415,000. Cardano Risk Management B.V. raised its stake in Costco Wholesale by 907.1% during the 4th quarter. Cardano Risk Management B.V. now owns 1,785,080 shares of the retailer's stock valued at $1,539,346,000 after acquiring an additional 1,607,833 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Costco Wholesale by 1,586.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,137,436 shares of the retailer's stock valued at $980,857,000 after acquiring an additional 1,070,005 shares in the last quarter. Amundi raised its stake in Costco Wholesale by 45.0% during the 3rd quarter. Amundi now owns 3,176,606 shares of the retailer's stock valued at $2,893,697,000 after acquiring an additional 986,182 shares in the last quarter. Finally, Vestor Capital LLC raised its stake in Costco Wholesale by 20,936.6% during the 4th quarter. Vestor Capital LLC now owns 970,840 shares of the retailer's stock valued at $837,194,000 after acquiring an additional 966,225 shares in the last quarter. Institutional investors own 68.48% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. The Goldman Sachs Group lifted 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. TD Cowen reiterated a "buy" rating and issued a $1,175.00 price objective on shares of Costco Wholesale in a report on Wednesday, June 3rd. Roth Mkm increased their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a "sell" rating in a report on Friday, May 29th. Sanford C. Bernstein increased their price objective on shares of Costco Wholesale from $1,192.00 to $1,194.00 and gave the company an "outperform" rating in a report on Friday, May 29th. Finally, Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a report on Monday, March 2nd. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,060.41.

Costco Wholesale Price Performance

Shares of Costco Wholesale stock opened at $986.68 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The company's 50-day moving average price is $1,004.06 and its two-hundred day moving average price is $968.46. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50. The stock has a market cap of $437.57 billion, a PE ratio of 49.63, a price-to-earnings-growth ratio of 4.74 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion during the quarter, compared to the consensus estimate of $70.12 billion. During the same quarter last year, the firm posted $4.28 earnings per share. As a group, sell-side analysts anticipate that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.6%. This is a boost from Costco Wholesale's previous quarterly dividend of $1.30. The ex-dividend date was Friday, May 1st. Costco Wholesale's dividend payout ratio (DPR) is presently 29.58%.

More Costco Wholesale News

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

• Positive Sentiment: Zacks highlighted Costco’s growing traffic, stronger comparable sales, and gas-driven member engagement, reinforcing that its value proposition is still attracting shoppers. Costco's Growing Traffic Shows the Power of Its Value Strategy
• Positive Sentiment: Another Zacks note said Costco screens well for earnings acceleration, pointing to rising EPS growth trends that can support further upside in the shares. Costco & 2 Earnings Acceleration Stocks to Watch for Solid Upside
• Positive Sentiment: Yahoo Finance and other commentary emphasized Costco’s record gasoline sales, e-commerce growth, wellness offerings, and ongoing store expansion, all of which reinforce the company’s long-term growth story. Costco Leans On Gasoline, E Commerce And Wellness To Deepen Member Value
• Positive Sentiment: Several articles framed Costco as a top long-term growth name and suggested the stock still has room to run if membership strength and comparable sales remain solid. Why Costco (COST) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Costco remains a heavily watched stock, with investor attention amplified by bullish price-target speculation and debate over whether the company can break above $1,100 over time. Can Costco Stock Break $1,100 by 2027?
• Negative Sentiment: Despite the constructive outlook, one market note said Costco was among retailers that fell even as lower oil prices could have helped consumers, showing the stock can still be pressured by broader rotation or lack of immediate catalyst. It Wasn’t a Strait of Hormuz Relief Rally, After All

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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