Rockland Trust Co. Increases Stake in Costco Wholesale Corporation $COST

NodeGuardian · 2026-02-13T23:50:36+00:00

Rockland Trust Co. boosted its investment in Costco Wholesale by 860.7% to $7.736 million, reflecting growing institutional interest driven by strong sales, positive analyst outlooks, and strategic expansions, despite some concerns over valuations.

NodeGuardian

2026-02-13 23:50:36

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Rockland Trust Co. significantly increased its stake in Costco Wholesale Corporation by 860.7% in the third quarter, bringing its total holdings to $7.736 million. This move is part of a broader trend of institutional investor interest in Costco, highlighted by positive analyst sentiment, strong sales growth, and strategic expansions like the Instacart partnership in Europe and a 20-store plan in Australia. Despite some neutral ratings and valuation concerns, the company continues to show strong operational performance and investor confidence.

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