Ross Stores, Inc. $ROST Shares Sold by TD Asset Management Inc

TD Asset Management Inc reduced its position in Ross Stores, Inc. (NASDAQ:ROST) by 44.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 415,018 shares of the apparel retailer’s stock after selling 335,326 shares during the period. TD Asset Management Inc’s holdings in Ross Stores were worth $63,245,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ROST. Aspect Partners LLC boosted its holdings in shares of Ross Stores by 251.7% during 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 last quarter. American National Bank & Trust purchased a new position in Ross Stores during the third quarter worth about $26,000. Grey Fox Wealth Advisors LLC acquired a new stake in Ross Stores in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in Ross Stores by 162.6% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock valued at $36,000 after buying an additional 148 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Ross Stores during the 2nd quarter valued at about $38,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Key Stories Impacting Ross Stores

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Zacks says ROST shows momentum heading into Q4, expecting a likely beat driven by strong comps, broad merchandise strength and the resilience of the off‑price model. Ross Stores Stock Shows Momentum Before Q4 Results
• Positive Sentiment: Seeking Alpha reports ROST hit a new record high as the market rewards its value focus and momentum created by strong results at peer TJX. Ross Stores sets a new record high
• Positive Sentiment: Telsey Advisory Group raised its price target to $220 (from $175) while keeping a Market Perform rating — a notable lift to near‑term upside expectations. Telsey raises ROST price target
• Positive Sentiment: Yahoo Finance highlights how competitor retail bankruptcies may provide Ross multi‑quarter margin tailwinds (less competition for discounted inventory/pricing leverage). Ross Stores Turns Retail Bankruptcies Into Potential Multi Quarter Margin Tailwind
• Positive Sentiment: AmericanBankingNews reports JPMorgan sees strong price appreciation potential for ROST, adding institutional confidence to the bullish narrative. JPMorgan Forecasts Strong Price Appreciation
• Neutral Sentiment: Zacks includes Ross among discount retailers (with COST, TGT, DG) that look well placed given pricing and inventory trends — supportive sector context but not company‑specific new information. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Bernstein nudged its target to $180 but kept a Market Perform rating — a modest upgrade that signals improving data (card spend) but not a full conviction buy signal. Bernstein raises target
• Neutral Sentiment: Zacks pieces on earnings‑ESP and “stocks to watch” mention Ross as one to consider before results — informational for traders using short‑term beat signals. Why Investors Need to Take Advantage…

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ROST. Bank of America raised their target price on shares of Ross Stores from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 21st. TD Cowen reiterated a “buy” rating on shares of Ross Stores in a report on Thursday, December 4th. Citigroup boosted their price objective on shares of Ross Stores from $188.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. UBS Group upped their price objective on Ross Stores from $181.00 to $199.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Finally, Wells Fargo & Company lifted their target price on Ross Stores from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and an average price target of $195.78.

Ross Stores Price Performance

Ross Stores stock opened at $203.50 on Friday. The firm has a fifty day moving average of $190.10 and a 200-day moving average of $169.50. Ross Stores, Inc. has a 52-week low of $122.36 and a 52-week high of $204.85. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $65.82 billion, a P/E ratio of 31.80, a PEG ratio of 3.49 and a beta of 0.99.

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.