Strs Ohio Sells 10,612 Shares of Ross Stores, Inc. $ROST

Strs Ohio trimmed its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 6.9% during the first quarter, Holdings Channel reports. The firm owned 144,021 shares of the apparel retailer’s stock after selling 10,612 shares during the period. Strs Ohio’s holdings in Ross Stores were worth $31,199,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC raised its holdings in shares of Ross Stores by 23.8% in the 1st quarter. Root Financial Partners LLC now owns 1,019 shares of the apparel retailer’s stock worth $221,000 after buying an additional 196 shares in the last quarter. USS Investment Management Ltd lifted its position in shares of Ross Stores by 3.3% during the 1st quarter. USS Investment Management Ltd now owns 65,738 shares of the apparel retailer’s stock worth $14,238,000 after buying an additional 2,076 shares during the period. IFM Investors Pty Ltd lifted its position in shares of Ross Stores by 1.9% during the 1st quarter. IFM Investors Pty Ltd now owns 64,652 shares of the apparel retailer’s stock worth $14,006,000 after buying an additional 1,187 shares during the period. Severin Investments LLC acquired a new stake in Ross Stores in the 1st quarter valued at $507,000. Finally, Capricorn Fund Managers Ltd acquired a new stake in Ross Stores in the 1st quarter valued at $4,982,000. 86.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on ROST. Sanford C. Bernstein reiterated a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Truist Financial boosted their target price on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Wall Street Zen lowered shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $257.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Citigroup lifted their price target on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Price Performance

Shares of ROST stock opened at $213.43 on Friday. The stock’s fifty day moving average is $225.11 and its 200-day moving average is $209.10. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The stock has a market capitalization of $68.46 billion, a PE ratio of 29.81, a PEG ratio of 2.40 and a beta of 0.87. Ross Stores, Inc. has a 52 week low of $126.32 and a 52 week high of $242.81.

Ross Stores (NASDAQ:ROST) last announced its earnings results 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 during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $1.47 earnings per share. The firm’s quarterly revenue 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 fiscal year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

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.