Louisbourg Investments Inc. Reduces Position in Ross Stores, Inc. $ROST

Louisbourg Investments Inc. decreased its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 72.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,092 shares of the apparel retailer’s stock after selling 16,175 shares during the period. Louisbourg Investments Inc.’s holdings in Ross Stores were worth $1,220,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROST. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores in the 4th quarter valued at $26,000. Bard Associates Inc. acquired a new stake in Ross Stores during the 4th quarter worth $31,000. City Holding Co. boosted its stake in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the period. Finally, Virtus Advisers LLC purchased a new position in Ross Stores during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Trading Down 0.9%

NASDAQ ROST opened at $213.26 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $68.41 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.39 and a beta of 0.86. Ross Stores, Inc. has a 52-week low of $126.32 and a 52-week high of $242.81. The firm has a 50-day moving average price of $226.50 and a 200 day moving average price of $207.99.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the previous year, the company earned $1.47 EPS. The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. Equities research analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a report on Tuesday, June 23rd. Guggenheim reissued a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Citigroup boosted their price target on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $233.18.

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.