HB Wealth Management LLC Has $6.49 Million Position in CoStar Group, Inc. $CSGP

HB Wealth Management LLC increased its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 34.4% during the 3rd quarter, Holdings Channel reports. The fund owned 76,899 shares of the technology company’s stock after acquiring an additional 19,662 shares during the period. HB Wealth Management LLC’s holdings in CoStar Group were worth $6,488,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in CoStar Group by 0.6% in the second quarter. Vanguard Group Inc. now owns 68,847,483 shares of the technology company’s stock worth $5,535,338,000 after acquiring an additional 420,772 shares in the last quarter. Bamco Inc. NY lifted its stake in shares of CoStar Group by 3.4% in the second quarter. Bamco Inc. NY now owns 19,679,935 shares of the technology company’s stock valued at $1,582,267,000 after buying an additional 647,413 shares in the last quarter. State Street Corp boosted its stake in CoStar Group by 0.9% during the 2nd quarter. State Street Corp now owns 17,732,968 shares of the technology company’s stock valued at $1,425,731,000 after purchasing an additional 158,539 shares during the last quarter. Geode Capital Management LLC increased its holdings in CoStar Group by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 12,357,840 shares of the technology company’s stock worth $989,905,000 after purchasing an additional 290,404 shares in the last quarter. Finally, Norges Bank bought a new position in shares of CoStar Group in the second quarter valued at approximately $426,783,000. 96.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CSGP shares. BMO Capital Markets decreased their price target on CoStar Group from $77.00 to $72.00 and set a “market perform” rating for the company in a report on Thursday. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $55.00 price objective (down from $60.00) on shares of CoStar Group in a research report on Thursday. Raymond James Financial set a $74.00 target price on CoStar Group in a research note on Wednesday. The Goldman Sachs Group set a $78.00 price target on CoStar Group in a research report on Thursday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average target price of $86.38.

Key CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: Board authorized a $1.5 billion share buyback (up to ~5.3% of shares outstanding), signaling management thinks the stock is undervalued and returning capital to shareholders. RTT News – CoStar Buyback
• Positive Sentiment: Company issued a full-year 2026 and medium-term outlook calling for significant adjusted-EBITDA expansion and updated capital-allocation priorities (board- and Capital Allocation Committee-approved), which management frames as improving margins and shareholder alignment. BusinessWire – FY2026 Outlook
• Positive Sentiment: Some sell‑side support remains: William Blair reiterated a Buy rating, arguing conservative guidance plus improved capital allocation creates a buying opportunity. TipRanks – William Blair Reiterate
• Neutral Sentiment: FY2026 guidance: EPS range of $1.220–$1.330 and revenue guidance near $3.8B — roughly in line with consensus but presented conservatively; investors will watch execution vs. the midpoint. BusinessWire – Guidance
• Neutral Sentiment: Apartments.com reported U.S. apartment rents ticked up +0.1% month-over-month in Dec 2025 (national average $1,708), reversing several months of flat/negative monthly readings — modestly positive for recurring marketplace revenue but not a dramatic change. BusinessWire – Apartments.com Rent Report
• Negative Sentiment: Multiple sell‑side firms lowered price targets this morning (Goldman Sachs to $84, Needham to $80, BMO to $72, Citizens to $78). While many retained Buy/Outperform views, the cuts increase near-term selling pressure and signal reduced upside from prior forecasts. Benzinga – PT Cuts StreetInsider – BMO PT Cut
• Negative Sentiment: CoStar plans to reduce net investment in Homes.com by at least $100M per year through 2030; Barron’s reports investors reacted negatively to the long timeline to profitability, raising questions about near-term returns from that asset. Barron’s – Homes.com Profitability

CoStar Group Stock Down 0.5%

CSGP opened at $61.36 on Friday. The company has a market cap of $26.01 billion, a PE ratio of 1,227.20, a price-to-earnings-growth ratio of 1.33 and a beta of 0.84. The company has a 50 day moving average of $67.12 and a 200 day moving average of $78.96. CoStar Group, Inc. has a 12 month low of $60.19 and a 12 month high of $97.43. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm had revenue of $833.60 million during the quarter, compared to analyst estimates of $823.62 million. During the same period last year, the company earned $0.22 earnings per share. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, sell-side analysts expect that CoStar Group, Inc. will post 0.94 EPS for the current year.

CoStar Group declared that its board has approved a share repurchase plan on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

CoStar Group Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.