University of Texas Texas AM Investment Management Co. Acquires New Stake in Ross Stores, Inc. $ROST

University of Texas Texas AM Investment Management Co. bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROSTFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,668 shares of the apparel retailer’s stock, valued at approximately $661,000.

A number of other institutional investors have also recently added to or reduced their stakes in ROST. Woodline Partners LP lifted its holdings in Ross Stores by 39.9% in 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 last quarter. Geneos Wealth Management Inc. grew its stake in shares of Ross Stores by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after purchasing an additional 117 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Ross Stores by 35.8% in the 2nd quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after purchasing an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Ross Stores by 1.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock worth $19,200,000 after purchasing an additional 1,508 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Ross Stores by 2.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after purchasing an additional 265 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ross Stores

In other Ross Stores news, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction that occurred 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 sale, the chief marketing officer owned 104,648 shares in the company, 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 stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the transaction, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. 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. Citigroup increased their price objective on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Wall Street Zen upgraded shares of Ross Stores from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and an average target price of $233.18.

Read Our Latest Stock Analysis on ROST

Ross Stores Price Performance

Shares of ROST stock opened at $236.77 on Tuesday. The company has a market capitalization of $75.95 billion, a P/E ratio of 33.07, a P/E/G ratio of 2.70 and a beta of 0.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average of $225.30 and a two-hundred day moving average of $204.97. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $242.81.

Ross Stores (NASDAQ:ROSTGet Free Report) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s revenue was up 20.6% compared to the same quarter last year. During the same period in the previous 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. As a group, equities analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The company 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 dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is currently 24.86%.

Ross Stores Profile

(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.

See Also

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Institutional Ownership by Quarter for Ross Stores (NASDAQ:ROST)

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