Vanguard Personalized Indexing Management LLC Grows Stock Position in Ross Stores, Inc. $ROST

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 12.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,041 shares of the apparel retailer’s stock after acquiring an additional 5,410 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Ross Stores were worth $8,834,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ROST. Woodline Partners LP boosted its stake in shares of Ross Stores by 39.9% during the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after buying an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Ross Stores by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after buying an additional 117 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Ross Stores by 35.8% during the 2nd quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after buying an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Ross Stores by 1.0% during 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 last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Ross Stores by 2.2% during 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 last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ross Stores

In related news, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the sale, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. This represents a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Michael J. Hartshorn sold 15,813 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the sale, the chief operating officer directly owned 116,028 shares in the company, valued at $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.10% of the company’s stock.

Ross Stores Stock Performance

ROST stock opened at $236.77 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The firm has a market cap of $75.95 billion, a P/E ratio of 33.07, a P/E/G ratio of 2.70 and a beta of 0.86. Ross Stores, Inc. has a 12-month low of $124.49 and a 12-month high of $242.81. The stock’s 50 day simple moving average is $225.30 and its 200 day simple moving average is $204.97.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.29. The business 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 38.42% and a net margin of 9.74%.The business’s revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the company 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, equities research analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given 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 is Tuesday, June 9th. Ross Stores’s dividend payout ratio is currently 24.86%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Barclays increased their target price on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. increased their target price on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company increased their target price on Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.