Dynamic Technology Lab Private Ltd purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,475 shares of the apparel retailer’s stock, valued at approximately $2,511,000. Ross Stores comprises about 0.4% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 25th biggest position.
A number of other large investors have also recently bought and sold shares of ROST. American National Bank & Trust acquired a new position in Ross Stores in the third quarter valued at $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Ross Stores in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Ross Stores by 162.6% during the third 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. Elevation Point Wealth Partners LLC acquired a new stake in shares of Ross Stores during the second quarter worth about $38,000. Finally, True Wealth Design LLC grew its holdings in shares of Ross Stores by 152.0% during the third quarter. True Wealth Design LLC now owns 257 shares of the apparel retailer’s stock worth $39,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds 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: Q4 beat, raised dividend and bigger buybacks — Ross reported $6.64B revenue and $2.00 EPS, raised the quarterly dividend ~10% and expanded buybacks by ~25%, which supports EPS accretion and shareholder returns. MarketBeat Q4 analysis
- Positive Sentiment: Strong analyst momentum — several firms upgraded or lifted targets (Citigroup to $240, Goldman to $244, Telsey upgraded, Guggenheim bullish), reinforcing upside expectations after the results. Citigroup PT raise Goldman PT raise Telsey upgrade Guggenheim note
- Positive Sentiment: Technical/long-term momentum — ROST hit a 12‑month high and has outperformed benchmarks over the past year, supporting momentum-driven flows. 12-month high report Outperformance write-up
- Neutral Sentiment: Macro/sector tailwind — the “treasure hunt” or off‑price theme (value-seeking consumers) is lifting both Ross and TJX, suggesting favorable secular demand but not guaranteed sustained outsized growth. Treasure hunt thesis
- Negative Sentiment: Profit-taking / short-term consolidation risk — shares gave back a portion of the post-earnings pop and analysts/coverage notes flag possible consolidation or a pullback toward the low‑$200s if momentum cools. Price-action risk
- Negative Sentiment: Valuation and forward pacing — ROST trades at a premium (P/E ~32, PEG ~3.1) and management’s commentary implies the back half could slow, so upside now depends on persistent comp strength and margin maintenance. Valuation/Outlook piece
Analysts Set New Price Targets
Ross Stores Trading Down 1.4%
Shares of Ross Stores stock opened at $211.75 on Friday. The firm has a market cap of $68.49 billion, a price-to-earnings ratio of 32.03, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97. Ross Stores, Inc. has a 52-week low of $122.36 and a 52-week high of $216.80. The company’s 50-day simple moving average is $193.33 and its 200-day simple moving average is $172.17. The company has a quick ratio of 0.90, a current ratio of 1.58 and a debt-to-equity ratio of 0.16.
Ross Stores (NASDAQ:ROST – Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The apparel retailer reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.10. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. The firm had revenue of $6.64 billion during the quarter, compared to the consensus estimate of $6.42 billion. During the same quarter last year, the firm earned $1.65 earnings per share. The firm’s revenue was up 12.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Ross Stores, Inc. will post 6.17 earnings per share for the current year.
Ross Stores Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.445 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. This is an increase from Ross Stores’s previous quarterly dividend of $0.41. Ross Stores’s payout ratio is 24.51%.
About Ross Stores
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.
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