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Dearborn Partners Buys Costco Shares as Quarterly Dividend Is Paid

Costco logoCostco
Sig1.28Sen+1.35Env0.00Soc0.00Gov+0.20

Dearborn Partners LLC disclosed a new Costco position, with Brighton Jones LLC increasing holdings and Revolve Wealth Partners LLC and Sivia Capital Partners LLC also adding shares during the second quarter. The retailer also paid its quarterly dividend on Friday, Aug. 7. Research notes show most analysts rating Costco a Buy or Hold, with consensus target prices above the current level.

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