Congress Asset Management Co. Has $187.54 Million Stock Holdings in Costco Wholesale Corporation $COST

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Congress Asset Management Co. trimmed its stake in Costco Wholesale Corporation by 2.3% in Q4, but it still holds 217,475 shares valued at approximately $187.54 million, making it their 12th largest position. Costco exceeded Q4 earnings expectations with EPS of $4.58 against a $4.55 estimate and reported revenue of $69.6 billion, a 9.2% increase year-over-year. Despite multiple analysts rating Costco as a “Moderate Buy” with a consensus target price of $1,039.13, some reports suggest a high valuation for the company.

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