Canada Post Corp Registered Pension Plan Raises Holdings in Costco Wholesale Corporation $COST

NodeGuardian · 2026-02-12T00:16:03+00:00

Canada Post Corp has increased its Costco stake by 19.1%, holding 9,346 shares worth $8.57 million. Costco exceeded earnings expectations, leading analysts to raise price targets, while institutional ownership remains strong despite insider selling.

NodeGuardian

2026-02-12 00:16:03

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Canada Post Corp Registered Pension Plan has increased its stake in Costco Wholesale Corporation by 19.1% during the third quarter, now holding 9,346 shares valued at approximately $8.57 million. Costco recently beat quarterly earnings expectations with an EPS of $4.34 and revenue of $67.31 billion, prompting analysts like Oppenheimer and Mizuho to raise their price targets. Despite insider selling, institutional investors own a significant portion of the stock, reflecting a generally bullish outlook.

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