Janus Henderson Group PLC Purchases 250,772 Shares of CoStar Group, Inc. $CSGP

Janus Henderson Group PLC increased its position in CoStar Group, Inc. (NASDAQ:CSGP) by 3.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 7,724,152 shares of the technology company’s stock after acquiring an additional 250,772 shares during the period. Janus Henderson Group PLC’s holdings in CoStar Group were worth $311,586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Reflection Asset Management acquired a new stake in CoStar Group in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of CoStar Group during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd increased its stake in shares of CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of CoStar Group during the 3rd quarter valued at $48,000. Finally, DV Equities LLC acquired a new stake in shares of CoStar Group in the 4th quarter valued at $40,000. Institutional investors own 96.60% of the company’s stock.

Key CoStar Group News

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

• Positive Sentiment: CoStar’s second-quarter adjusted earnings of $0.32 per share exceeded the $0.29 consensus estimate, while revenue increased 18.4% year over year to $925 million. Margins widened and the residential segment generated positive EBITDA, supporting the company’s longer-term growth story. CoStar Group Q2 Earnings Beat Estimates, Revenues Increase Year Over Year
• Positive Sentiment: Despite recent target reductions, JPMorgan, BTIG and Needham retained positive ratings, with targets of $52, $42 and $40, respectively. These targets imply substantial upside from recent trading levels if CoStar restores stronger growth and execution. Analysts Offer Insights on CoStar Group
• Neutral Sentiment: July data from Apartments.com showed U.S. apartment rents were essentially flat, rising just 0.03% to $1,747. The eighth consecutive monthly increase is modestly constructive, but the limited growth points to a subdued near-term multifamily environment. Apartments.com Multifamily Rent Growth Report for July 2026
• Negative Sentiment: The principal concern is CoStar’s outlook: reported third-quarter and full-year 2026 EPS guidance of $0.31–$0.34 and $1.32–$1.39, respectively, was viewed as soft. Revenue was roughly in line rather than clearly above expectations, increasing concern that elevated investment spending and slower growth could persist. CoStar Group Q2 2026 Earnings Call Highlights
• Negative Sentiment: Investor sentiment was further weakened by reports questioning the CFO exit and by multiple analyst actions. Keefe, Bruyette & Woods and William Blair downgraded the shares to “market perform,” while several firms lowered price targets, signaling reduced confidence in near-term earnings momentum. Is CoStar Group a Bargain After Soft Guidance and CFO Exit?

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Benchmark initiated coverage on shares of CoStar Group in a report on Thursday, June 4th. They issued a “buy” rating and a $45.00 price objective for the company. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the stock an “underweight” rating in a research note on Wednesday, June 24th. Wolfe Research reissued an “outperform” rating and set a $32.00 price objective (down from $35.00) on shares of CoStar Group in a report on Wednesday. Finally, Citigroup downgraded CoStar Group from a “market outperform” rating to a “neutral” rating and cut their price objective for the company from $70.00 to $33.00 in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CoStar Group presently has an average rating of “Hold” and an average target price of $41.61.

CoStar Group Stock Performance

NASDAQ:CSGP opened at $29.46 on Friday. The firm has a market capitalization of $12.03 billion, a PE ratio of 155.06, a PEG ratio of 0.75 and a beta of 0.74. CoStar Group, Inc. has a 1 year low of $25.89 and a 1 year high of $97.43. The company has a current ratio of 2.21, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $30.65 and its 200 day simple moving average is $40.22.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm had revenue of $925.00 million during the quarter, compared to analyst estimates of $928.81 million. During the same quarter in the previous year, the business earned $0.17 EPS. The business’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, sell-side analysts anticipate that CoStar Group, Inc. will post 1.05 EPS for the current year.

About CoStar Group

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.