Mediolanum International Funds Ltd Has $3.44 Million Stock Holdings in Ross Stores, Inc. $ROST

Mediolanum International Funds Ltd boosted its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 49.0% in the third quarter, Holdings Channel reports. The firm owned 22,675 shares of the apparel retailer’s stock after purchasing an additional 7,458 shares during the period. Mediolanum International Funds Ltd’s holdings in Ross Stores were worth $3,443,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Aspect Partners LLC raised its holdings in Ross Stores by 251.7% in the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 146 shares during the period. American National Bank & Trust bought a new stake in shares of Ross Stores in the 3rd quarter valued at $26,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Ross Stores in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Ross Stores by 162.6% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock worth $36,000 after buying an additional 148 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in Ross Stores during the second quarter worth about $38,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Trading Up 0.8%

NASDAQ ROST opened at $190.11 on Tuesday. Ross Stores, Inc. has a 52 week low of $122.36 and a 52 week high of $194.92. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.90 and a current ratio of 1.52. The stock’s 50 day moving average price is $184.00 and its two-hundred day moving average price is $162.65. The stock has a market capitalization of $61.49 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 3.60 and a beta of 0.99.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings results on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.20. The company had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the business earned $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. As a group, analysts anticipate 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 was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th were paid a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, December 9th. Ross Stores’s payout ratio is presently 25.31%.

Analyst Ratings Changes

Several brokerages have issued reports on ROST. Wall Street Zen upgraded Ross Stores from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. BTIG Research initiated coverage on Ross Stores in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Citigroup raised their target price on shares of Ross Stores from $171.00 to $188.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $205.00 price target on shares of Ross Stores in a report on Monday, December 1st. Finally, UBS Group increased their price objective on shares of Ross Stores from $169.00 to $181.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $186.41.

Ross Stores Company 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.