Edmond DE Rothschild Holding S.A. Invests $2.88 Million in Costco Wholesale Corporation $COST

Key Points

• Edmond DE Rothschild Holding purchased 3,081 Costco shares worth approximately $2.88 million, while institutional investors and hedge funds collectively own 68.48% of the stock.
• Analyst sentiment remains favorable, with 22 Buy, 11 Hold, and one Sell rating; Costco has a consensus “Moderate Buy” rating and an average price target of $1,059.53.
• Costco shares opened at $943.89, near a 47.5 price-to-earnings ratio, underscoring valuation concerns despite the company’s strong business model; the retailer also pays a quarterly dividend of $1.47, yielding about 0.6%.

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Costco Wholesale Corporation (NASDAQ:COST - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,081 shares of the retailer's stock, valued at approximately $2,882,000.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Costco Wholesale by 12.3% during the 4th quarter. Brighton Jones LLC now owns 19,825 shares of the retailer's stock valued at $18,165,000 after acquiring an additional 2,172 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Costco Wholesale by 13.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer's stock worth $1,029,000 after purchasing an additional 130 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Costco Wholesale by 4.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer's stock valued at $3,814,000 after purchasing an additional 165 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Costco Wholesale by 1.1% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer's stock worth $2,089,000 after purchasing an additional 23 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in Costco Wholesale by 2.2% in the second quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer's stock worth $8,416,000 after purchasing an additional 182 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on COST shares. Weiss Ratings lowered Costco Wholesale from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, June 23rd. Citigroup assumed coverage on Costco Wholesale in a research report on Thursday, June 18th. They issued a "neutral" rating and a $1,020.00 target price for the company. TD Cowen reiterated a "buy" rating and issued a $1,175.00 price target on shares of Costco Wholesale in a report on Wednesday, June 3rd. The Goldman Sachs Group upped their price target on Costco Wholesale from $1,088.00 to $1,159.00 and gave the company a "buy" rating in a research report on Friday, May 29th. Finally, Bank of America lifted their price objective on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Twenty-two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Costco Wholesale presently has an average rating of "Moderate Buy" and an average target price of $1,059.53.

Costco Wholesale News Summary

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

• Positive Sentiment: Costco’s international business is becoming a more important growth engine. Solid comparable sales, expansion opportunities in Asia and Europe, and additional warehouse “white space” could support longer-term revenue growth and diversify the company beyond the mature U.S. market. Can International Markets Become Costco’s Biggest Driver?
• Positive Sentiment: A large new Southern California warehouse is nearing completion and has an opening date, adding local capacity and potentially attracting new members. The near-term financial effect is likely modest, but the opening reinforces Costco’s ongoing store-expansion strategy. Costco’s New California Location Nears Completion
• Positive Sentiment: A discussion of the late investor Charlie Munger’s concentrated ownership of Costco highlights the company’s longstanding reputation for a durable business model, customer loyalty and high-quality management. However, the commentary is historical rather than a new fundamental catalyst. Charlie Munger’s Costco Investment
• Neutral Sentiment: Routine coverage of Costco’s Labor Day hours and fact-checking of shopping rumors has little direct relevance to earnings or the stock.
• Neutral Sentiment: Walmart’s launch of a new rotisserie-chicken offering increases competition in a popular Costco category, but the article focuses primarily on Walmart and does not indicate a material change to Costco’s outlook. Walmart Challenges Costco With Rotisserie Chicken
• Negative Sentiment: Several analyses argue that Costco’s valuation is the main risk. Despite strong operations, a price near 46–48 times earnings could limit future returns and make the stock vulnerable if growth slows or results merely meet expectations. Is Costco Stock an Obvious Buy Right Now?
• Negative Sentiment: Target is presented as the more attractive discount-retail investment because of improving momentum and a substantially lower valuation, potentially diverting investor interest from COST. Costco vs. Target

Insider Transactions at Costco Wholesale

In other news, Director Kenneth D. Denman sold 885 shares of the business's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director owned 4,779 shares of the company's stock, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.10% of the company's stock.

Costco Wholesale Trading Down 0.2%

Shares of NASDAQ COST opened at $943.89 on Tuesday. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The company has a market cap of $418.60 billion, a price-to-earnings ratio of 47.48, a price-to-earnings-growth ratio of 4.50 and a beta of 0.87. 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 stock's 50 day simple moving average is $945.65 and its 200 day simple moving average is $979.60.

Costco Wholesale Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale's dividend payout ratio (DPR) is presently 29.58%.

Costco Wholesale 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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