Clearbridge Investments LLC lowered its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,955 shares of the apparel retailer’s stock after selling 4,713 shares during the quarter. Clearbridge Investments LLC’s holdings in Ross Stores were worth $26,472,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of ROST. Woodline Partners LP boosted its holdings in 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 acquiring an additional 7,951 shares during the period. Geneos Wealth Management Inc. boosted its holdings in 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 acquiring an additional 117 shares during the period. NewEdge Advisors LLC boosted its holdings in 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 acquiring an additional 2,792 shares during the period. Treasurer of the State of North Carolina boosted its holdings in 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 acquiring an additional 1,508 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in 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 acquiring an additional 265 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Guggenheim reiterated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. UBS Group upped their target price on Ross Stores from $227.00 to $232.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, Telsey Advisory Group upped their target price on Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.
Ross Stores Price Performance
Shares of ROST stock opened at $229.45 on Wednesday. Ross Stores, Inc. has a twelve month low of $124.49 and a twelve month high of $237.41. The stock has a market capitalization of $73.60 billion, a price-to-earnings ratio of 32.05, a P/E/G ratio of 2.56 and a beta of 0.86. The stock has a fifty day simple moving average of $223.65 and a two-hundred day simple moving average of $203.12. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12.
Ross Stores (NASDAQ:ROST – Get Free Report) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, analysts predict that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.
Ross Stores Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $0.445 dividend. 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 payout ratio is presently 24.86%.
Insider Buying and Selling at Ross Stores
In other news, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was 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 of the company’s stock, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Michael J. Hartshorn sold 15,813 shares of the business’s 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 transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. The trade was a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.10% of the company’s stock.
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.
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