Pinnbrook Capital Management LP bought a new stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 22,481 shares of the apparel retailer’s stock, valued at approximately $4,050,000.
Several other institutional investors also recently modified their holdings of the business. Meiji Yasuda Asset Management Co Ltd. bought a new position in Ross Stores during the fourth quarter valued at $3,050,000. Global Retirement Partners LLC grew its holdings in Ross Stores by 778.8% during the fourth quarter. Global Retirement Partners LLC now owns 10,906 shares of the apparel retailer’s stock valued at $1,965,000 after purchasing an additional 9,665 shares during the period. Fi3 FINANCIAL ADVISORS LLC bought a new position in Ross Stores during the fourth quarter valued at $276,000. Leonteq Securities AG bought a new position in Ross Stores during the fourth quarter valued at $143,000. Finally, ABN Amro Investment Solutions grew its holdings in Ross Stores by 0.4% during the fourth quarter. ABN Amro Investment Solutions now owns 39,112 shares of the apparel retailer’s stock valued at $7,046,000 after purchasing an additional 161 shares during the period. 86.86% of the stock is owned by institutional investors.
Trending Headlines about Ross Stores
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
Insider Buying and Selling
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. JPMorgan Chase & Co. increased their price objective on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday. UBS Group increased their price objective on Ross Stores from $208.00 to $227.00 and gave the company a “neutral” rating in a report on Monday. Barclays increased their price objective on Ross Stores from $205.00 to $221.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Sanford C. Bernstein set a $200.00 price objective on Ross Stores in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group raised their price target on Ross Stores from $214.00 to $244.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $218.56.
Check Out Our Latest Analysis on ROST
Ross Stores Price Performance
Ross Stores stock opened at $217.19 on Friday. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $231.16. The business has a fifty day moving average price of $218.62 and a 200-day moving average price of $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. The firm has a market capitalization of $69.97 billion, a P/E ratio of 32.86, a PEG ratio of 2.88 and a beta of 0.87.
Ross Stores (NASDAQ:ROST – Get Free Report) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 36.70% and a net margin of 9.43%.The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company earned $1.47 earnings per share. The business’s revenue for the quarter 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, equities research analysts forecast that Ross Stores, Inc. will post 7.37 EPS for the current year.
Ross Stores Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is 26.93%.
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.
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