Groupe la Francaise bought a new stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 83,409 shares of the apparel retailer’s stock, valued at approximately $18,013,000.
A number of other institutional investors have also added to or reduced their stakes in ROST. Ethic Inc. increased its stake in shares of Ross Stores by 25.6% in the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock valued at $4,282,000 after acquiring an additional 4,847 shares during the last quarter. National Pension Service boosted its stake in Ross Stores by 138.4% during the 4th quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after acquiring an additional 754,816 shares during the last quarter. CWM LLC grew its holdings in Ross Stores by 61.1% during the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after purchasing an additional 17,090 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in Ross Stores during the fourth quarter valued at approximately $204,750,000. Finally, NewEdge Wealth LLC increased its stake in Ross Stores by 99.5% in the fourth quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock valued at $2,656,000 after purchasing an additional 7,353 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on ROST shares. Telsey Advisory Group lifted their price target on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Wells Fargo & Company downgraded Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price objective on the stock. in a research note on Tuesday, June 23rd. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. Sanford C. Bernstein reissued a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Finally, UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Ross Stores presently has a consensus rating of “Moderate Buy” and an average price target of $233.18.
Ross Stores Stock Up 0.2%
Shares of ROST stock opened at $252.57 on Friday. Ross Stores, Inc. has a 12-month low of $134.37 and a 12-month 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. The firm has a fifty day moving average of $229.23 and a 200-day moving average of $215.76. The company has a market capitalization of $81.02 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 2.83 and a beta of 0.87.
Ross Stores (NASDAQ:ROST – Get Free Report) last posted its quarterly earnings data 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 business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm’s revenue 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, equities research analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.
Ross Stores Announces Dividend
The company 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. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is currently 24.86%.
Ross Stores 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.
Recommended Stories
- Five stocks we like better than Ross Stores
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding ROST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ross Stores, Inc. (NASDAQ:ROST – Free Report).
Receive News & Ratings for Ross Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ross Stores and related companies with MarketBeat.com's FREE daily email newsletter.
