Sanctuary Advisors LLC Buys 3,461 Shares of Ross Stores, Inc. $ROST

Sanctuary Advisors LLC grew its stake in Ross Stores, Inc. (NASDAQ:ROST) by 15.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 25,820 shares of the apparel retailer’s stock after buying an additional 3,461 shares during the period. Sanctuary Advisors LLC’s holdings in Ross Stores were worth $5,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Sigma Planning Corp bought a new position in shares of Ross Stores during the 1st quarter valued at approximately $1,225,000. Checchi Capital Advisers LLC raised its stake in Ross Stores by 11.8% during the 1st quarter. Checchi Capital Advisers LLC now owns 3,376 shares of the apparel retailer’s stock worth $731,000 after acquiring an additional 356 shares during the period. Nwam LLC bought a new stake in Ross Stores during the 1st quarter worth approximately $214,000. Calamos Wealth Management LLC purchased a new position in Ross Stores during the first quarter valued at approximately $213,000. Finally, Calamos Advisors LLC lifted its holdings in Ross Stores by 1.1% during the first quarter. Calamos Advisors LLC now owns 88,483 shares of the apparel retailer’s stock valued at $19,168,000 after purchasing an additional 982 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ROST shares. Barclays increased their price objective on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. Guggenheim reissued a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Finally, Zacks Research raised Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $233.46 on Friday. The firm has a market cap of $74.89 billion, a price-to-earnings ratio of 32.61, a P/E/G ratio of 2.62 and a beta of 0.87. The firm has a fifty day moving average price of $224.21 and a 200 day moving average price of $211.92. Ross Stores, Inc. has a fifty-two week low of $129.48 and a fifty-two week high of $242.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54.

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

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a $0.445 dividend. 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 payout ratio is 24.86%.

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.