Livforsakringsbolaget Skandia Omsesidigt Grows Stock Holdings in Ross Stores, Inc. $ROST

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Ross Stores, Inc. (NASDAQ:ROST) by 1,509.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,987 shares of the apparel retailer’s stock after purchasing an additional 30,000 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Ross Stores were worth $6,927,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ethic Inc. increased its holdings in shares of Ross Stores by 25.6% during the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock valued at $4,282,000 after acquiring an additional 4,847 shares in the last quarter. CWM LLC boosted its stake in Ross Stores by 61.1% in the 4th quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock worth $8,114,000 after purchasing an additional 17,090 shares in the last quarter. Financial Planning Hawaii Inc. bought a new position in Ross Stores in the 4th quarter worth about $1,542,000. National Pension Service grew its position in Ross Stores by 138.4% during the 4th quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock valued at $234,192,000 after purchasing an additional 754,816 shares during the last quarter. Finally, Jefferies Financial Group Inc. grew its position in Ross Stores by 744.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 211,676 shares of the apparel retailer’s stock valued at $38,131,000 after purchasing an additional 186,619 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Up 0.7%

ROST opened at $220.93 on Wednesday. The stock has a market capitalization of $70.87 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.46 and a beta of 0.87. The firm has a 50 day moving average price of $223.95 and a 200-day moving average price of $211.08. Ross Stores, Inc. has a twelve month low of $126.32 and a twelve month high of $242.81. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter last year, the company posted $1.47 earnings per share. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. 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 forecast that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Ratings Changes

A number of analysts have weighed in on ROST shares. Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price objective for the company. in a research note on Tuesday, June 23rd. Guggenheim reiterated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a research note on Monday, April 27th. Telsey Advisory Group increased their price target on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Citigroup raised their price target on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Wall Street Zen lowered shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. One 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

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.