Brokerages Set Ross Stores, Inc. (NASDAQ:ROST) Price Target at $233.18

Posted by Geri Gentry on Jun 13th, 2026

Shares of Ross Stores, Inc. (NASDAQ:ROST – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $233.1765.

A number of brokerages have recently commented on ROST. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Truist Financial increased their price target on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, Telsey Advisory Group increased their price target on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd.

Get Our Latest Analysis on Ross Stores

Insider Activity

In related news, COO Michael J. Hartshorn sold 15,813 shares of the stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction 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 $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 transaction, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at $22,331,883.20. This represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ROST. Norges Bank purchased a new position in Ross Stores during the fourth quarter worth about $868,360,000. Holocene Advisors LP purchased a new position in Ross Stores during the third quarter worth about $351,763,000. Marshall Wace LLP raised its holdings in Ross Stores by 1,908.8% during the third quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock worth $276,857,000 after purchasing an additional 1,726,324 shares in the last quarter. Bank of America Corp DE raised its holdings in Ross Stores by 20.9% during the second quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after purchasing an additional 1,657,008 shares in the last quarter. Finally, Viking Global Investors LP grew its position in Ross Stores by 56.5% during the fourth quarter. Viking Global Investors LP now owns 3,167,479 shares of the apparel retailer’s stock worth $570,590,000 after buying an additional 1,143,611 shares during the period. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $240.13 on Wednesday. The company has a 50-day simple moving average of $224.97 and a 200-day simple moving average of $204.34. Ross Stores has a one year low of $124.49 and a one year high of $242.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The stock has a market capitalization of $77.03 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 2.69 and a beta of 0.86.

Ross Stores (NASDAQ:ROST – Get Free Report) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the company earned $1.47 earnings per share. The business’s revenue was up 20.6% compared to the same quarter last year. 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 will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

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 issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s dividend payout ratio is currently 24.86%.

About Ross Stores

(Get Free Report)

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.