Vontobel Holding Ltd. Sells 9,984 Shares of Ross Stores, Inc. $ROST

Vontobel Holding Ltd. cut its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 20.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,913 shares of the apparel retailer’s stock after selling 9,984 shares during the period. Vontobel Holding Ltd.’s holdings in Ross Stores were worth $5,930,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ROST. Compound Planning Inc. bought a new position in shares of Ross Stores during the 1st quarter valued at approximately $256,000. CreativeOne Wealth LLC raised its stake in Ross Stores by 3.8% during the first quarter. CreativeOne Wealth LLC now owns 1,932 shares of the apparel retailer’s stock valued at $247,000 after purchasing an additional 70 shares in the last quarter. B. Metzler seel. Sohn & Co. AG lifted its position in Ross Stores by 4.9% during the first quarter. B. Metzler seel. Sohn & Co. AG now owns 15,846 shares of the apparel retailer’s stock valued at $2,025,000 after purchasing an additional 735 shares during the last quarter. Trexquant Investment LP bought a new position in Ross Stores during the first quarter valued at $3,787,000. Finally, WPG Advisers LLC purchased a new position in shares of Ross Stores in the 1st quarter worth $118,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Performance

Shares of ROST stock opened at $179.69 on Friday. Ross Stores, Inc. has a 12-month low of $122.36 and a 12-month high of $185.85. The company has a market cap of $58.12 billion, a PE ratio of 28.08, a PEG ratio of 4.00 and a beta of 1.03. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. The business’s fifty day simple moving average is $169.50 and its 200-day simple moving average is $151.54.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, beating the consensus estimate of $1.38 by $0.20. The firm had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. Ross Stores’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $1.48 EPS. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. Analysts expect that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be issued a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, December 9th. Ross Stores’s dividend payout ratio is 25.31%.

Analyst Ratings Changes

ROST has been the subject of several analyst reports. Evercore ISI raised their price objective on Ross Stores from $175.00 to $195.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Bank of America increased their price target on Ross Stores from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research note on Tuesday, October 14th. Cowen reissued a “buy” rating on shares of Ross Stores in a research note on Thursday, December 4th. Finally, Erste Group Bank started coverage on shares of Ross Stores in a report on Friday, October 31st. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ross Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.56.

Insider Activity

In other Ross Stores news, insider Stephen C. Brinkley sold 6,437 shares of Ross Stores stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $150.97, for a total transaction of $971,793.89. Following the completion of the transaction, the insider owned 57,012 shares in the company, valued at approximately $8,607,101.64. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 2.20% of the stock is currently owned by company insiders.

Ross Stores Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.