Ross Stores, Inc. $ROST Shares Sold by PNC Financial Services Group Inc.

Posted by Teresa Graham on May 22nd, 2026

PNC Financial Services Group Inc. trimmed its position in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,198 shares of the apparel retailer’s stock after selling 5,546 shares during the period. PNC Financial Services Group Inc.’s holdings in Ross Stores were worth $61,103,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Ross Stores by 1.9% during the third quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock worth $1,487,720,000 after purchasing an additional 180,182 shares in the last quarter. Viking Global Investors LP lifted its stake in Ross Stores by 9.9% during the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock worth $605,704,000 after purchasing an additional 426,370 shares in the last quarter. Invesco Ltd. lifted its stake in Ross Stores by 5.7% during the third quarter. Invesco Ltd. now owns 4,655,932 shares of the apparel retailer’s stock worth $709,518,000 after purchasing an additional 252,284 shares in the last quarter. First Trust Advisors LP lifted its stake in Ross Stores by 10.2% during the third quarter. First Trust Advisors LP now owns 4,045,346 shares of the apparel retailer’s stock worth $616,470,000 after purchasing an additional 375,470 shares in the last quarter. Finally, Marshfield Associates lifted its stake in Ross Stores by 4.1% during the third quarter. Marshfield Associates now owns 4,020,413 shares of the apparel retailer’s stock worth $612,671,000 after purchasing an additional 157,385 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores Stock Performance

NASDAQ:ROST opened at $217.19 on Friday. The firm has a market capitalization of $69.97 billion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 2.88 and a beta of 0.87. The business’s fifty day moving average price is $218.62 and its 200 day moving average price is $196.78. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.58 and a quick ratio of 1.04. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $231.16.

Ross Stores (NASDAQ:ROST – Get Free Report) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 36.70% and a net margin of 9.43%.Ross Stores’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.47 earnings per share. 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. On average, sell-side analysts anticipate that Ross Stores, Inc. will post 7.37 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s dividend payout ratio is 26.93%.

Insider Activity at Ross Stores

In related news, Director Patricia H. Mueller sold 1,881 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total value of $400,897.53. Following the transaction, the director owned 2,159 shares of the company’s stock, valued at $460,147.67. This represents a 46.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the transaction, the chief marketing officer directly owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 25,756 shares of company stock valued at $5,521,004 over the last quarter. 2.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ROST has been the topic of a number of research reports. Sanford C. Bernstein set a $200.00 price target on Ross Stores in a research note on Wednesday, March 4th. Guggenheim restated a “buy” rating and set a $290.00 price target on shares of Ross Stores in a research note on Monday, April 27th. Zacks Research cut Ross Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. UBS Group upped their price target on Ross Stores from $208.00 to $227.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Wells Fargo & Company upped their price target on Ross Stores from $205.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Seventeen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.56.

Check Out Our Latest Analysis on Ross Stores

Ross Stores News Roundup

Here are the key news stories impacting Ross Stores this week:

Positive Sentiment: Ross Stores beat Wall Street’s Q1 expectations, posting EPS of $2.02 versus estimates of $1.70 and revenue of $6.01 billion versus $5.64 billion expected, with sales up 20.6% year over year. Ross Stores (ROST) Q1 Earnings and Revenues Top Estimates
Positive Sentiment: The company lifted full-year guidance, now expecting fiscal 2026 EPS of $7.50 to $7.74, above consensus, and Q2 EPS of $1.85 to $1.93, also ahead of estimates. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
Positive Sentiment: Ross Stores also raised its comparable sales outlook for the year to 6% to 7% from a prior view of up 3% to 4%, signaling continued demand for value merchandise. Ross Stores Lifts Outlook as Sales Jump
Positive Sentiment: Management’s upbeat results and stronger outlook suggest the off-price model is benefiting from cautious consumers trading down, which is a favorable setup for ROST. Ross Stores surges on strong earnings and revenue beat
Neutral Sentiment: The company declared a quarterly dividend of $0.445 per share, reinforcing its shareholder return profile, though this is not a major short-term catalyst. Ross Stores Announces Quarterly Dividend
Neutral Sentiment: Some commentary on the earnings call noted tariff risks, but this appears secondary to the stronger-than-expected quarter and raised guidance. Ross Stores Balances Solid Quarter With Tariff Risks

Ross Stores Profile

(Free Report)

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.