Ross Stores, Inc. $ROST Shares Sold by Hahn Capital Management LLC

Hahn Capital Management LLC lowered its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 60.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 24,637 shares of the apparel retailer’s stock after selling 37,348 shares during the quarter. Ross Stores comprises about 2.4% of Hahn Capital Management LLC’s portfolio, making the stock its 20th largest position. Hahn Capital Management LLC’s holdings in Ross Stores were worth $4,438,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Ethic Inc. increased its holdings in Ross Stores by 25.6% in the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after buying an additional 4,847 shares during the period. Financial Planning Hawaii Inc. acquired a new stake in Ross Stores during the 4th quarter valued at approximately $1,542,000. CWM LLC lifted its stake in Ross Stores by 61.1% during the 4th quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after acquiring an additional 17,090 shares during the period. Lansforsakringar Fondforvaltning AB publ boosted its holdings in shares of Ross Stores by 7.1% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 104,406 shares of the apparel retailer’s stock valued at $15,910,000 after acquiring an additional 6,941 shares during the last quarter. Finally, NewEdge Wealth LLC boosted its holdings in shares of Ross Stores by 99.5% in the 4th quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock valued at $2,656,000 after acquiring an additional 7,353 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in 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. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Wall Street Zen upgraded Ross Stores from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Finally, Guggenheim reiterated a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research note on Monday, April 27th. One 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $232.80 on Friday. The stock has a market capitalization of $74.68 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 2.62 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 firm’s 50 day simple moving average is $226.16 and its 200-day simple moving average is $206.16. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating 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 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 firm earned $1.47 EPS. The business’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. Analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s payout ratio is presently 24.86%.

Insiders Place Their Bets

In other Ross Stores news, COO Michael J. Hartshorn sold 15,813 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the transaction, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CMO Karen Sykes sold 5,506 shares of the stock in a transaction dated 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 in the company, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.10% of the stock is currently owned by insiders.

Ross Stores Company Profile

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.