Ieq Capital LLC Buys New Shares in Ross Stores, Inc. $ROST

Posted by Stanley Muller on Aug 22nd, 2026

Ieq Capital LLC purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 122,236 shares of the apparel retailer’s stock, valued at approximately $26,018,000.

A number of other hedge funds also recently made changes to their positions in ROST. Hilton Head Capital Partners LLC bought a new stake in Ross Stores during the 4th quarter worth approximately $26,000. Bard Associates Inc. bought a new position in shares of Ross Stores in the fourth quarter worth approximately $31,000. Virtus Advisers LLC purchased a new stake in shares of Ross Stores in the fourth quarter worth $32,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ross Stores in the fourth quarter worth $38,000. Finally, Salomon & Ludwin LLC raised its position in shares of Ross Stores by 89.0% during the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock valued at $42,000 after purchasing an additional 105 shares during the period. 86.86% of the stock is currently owned by institutional investors.

Trending Headlines about Ross Stores

Here are the key news stories impacting Ross Stores this week:

Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

Analyst Ratings Changes

A number of research analysts recently weighed in on ROST shares. Guggenheim reaffirmed a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Telsey Advisory Group raised their price target on Ross Stores from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $294.00 price objective on shares of Ross Stores in a research note on Friday. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and a consensus target price of $263.76.

Check Out Our Latest Stock Report on Ross Stores

Ross Stores Stock Performance

ROST opened at $239.04 on Friday. The stock has a market capitalization of $76.68 billion, a price-to-earnings ratio of 28.94, a PEG ratio of 2.30 and a beta of 0.86. The company has a fifty day moving average of $233.81 and a 200 day moving average of $221.86. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54.

Ross Stores (NASDAQ:ROST – Get Free Report) last announced its quarterly earnings results on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, topping the consensus estimate of $1.95 by $0.71. The business had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.16 billion. Ross Stores had a net margin of 10.85% and a return on equity of 40.28%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.56 EPS. As a group, sell-side analysts forecast that Ross Stores, Inc. will post 7.81 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 8th. Ross Stores’s payout ratio is currently 21.55%.

Ross Stores Company 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.