During Q2, Costco reported $3.78 EPS, beating estimates, while institutional holdings increased to 68.48%.

During the second quarter, Costco Wholesale Co. (NASDAQ: COST) saw an increase in institutional holdings, with Sitrin Capital Management LLC, Cornerstone Wealth Advisors Inc., Fermata Advisors LLC, Curated Wealth Partners LLC, and Oak Asset Management LLC among those purchasing additional shares. Institutional investors currently own 68.48% of Costco Wholesale's stock. The company reported a $3.78 EPS for Q2, beating the consensus estimate of $3.70 by $0.08, and announced a quarterly dividend of $1.16 per share with a yield of 0.54%.

August 11, 2024
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