Ross Stores, Inc. $ROST Shares Purchased by Groupama Asset Managment

Groupama Asset Managment grew its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 85.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,691 shares of the apparel retailer’s stock after buying an additional 2,161 shares during the period. Groupama Asset Managment’s holdings in Ross Stores were worth $1,016,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Woodline Partners LP increased its stake in Ross Stores by 39.9% during the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Ross Stores by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after buying an additional 117 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Ross Stores by 35.8% in the 2nd quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after buying an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Ross Stores by 1.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after buying an additional 1,508 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Ross Stores by 2.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock valued at $1,605,000 after buying an additional 265 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Stock Down 0.6%

ROST stock opened at $251.07 on Friday. The stock has a market cap of $80.54 billion, a PE ratio of 35.07, a price-to-earnings-growth ratio of 2.82 and a beta of 0.87. The firm’s 50-day simple moving average is $229.56 and its 200 day simple moving average is $216.00. Ross Stores, Inc. has a fifty-two week low of $134.37 and a fifty-two week high of $255.30. 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 posted its 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the business posted $1.47 EPS. Ross Stores’s 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. As a group, sell-side analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. Ross Stores’s payout ratio is currently 24.86%.

Analyst Ratings Changes

ROST has been the topic of several research reports. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. Guggenheim restated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Barclays increased their price target on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. raised their price target on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.