Ross Stores, Inc. $ROST Stock Sold by Soltis Investment Advisors LLC

Posted by Brian Himes on Nov 2nd, 2026

Soltis Investment Advisors LLC lessened its stake in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 84.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,412 shares of the apparel retailer’s stock after selling 13,325 shares during the period. Soltis Investment Advisors LLC’s holdings in Ross Stores were worth $563,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ROST. BlackRock Inc. purchased a new stake in shares of Ross Stores during the second quarter valued at $5,938,711,000. State Street Corp increased its stake in Ross Stores by 5.3% in the 2nd quarter. State Street Corp now owns 14,643,656 shares of the apparel retailer’s stock worth $3,116,902,000 after purchasing an additional 734,009 shares in the last quarter. Bank of America Corp DE purchased a new position in Ross Stores in the 2nd quarter worth about $2,024,203,000. Primecap Management Co. CA acquired a new stake in Ross Stores during the 2nd quarter worth about $1,937,995,000. Finally, Wellington Management Group LLP raised its holdings in Ross Stores by 89.2% during the 2nd quarter. Wellington Management Group LLP now owns 6,615,682 shares of the apparel retailer’s stock worth $1,408,148,000 after buying an additional 3,118,591 shares during the period. 86.86% of the stock is owned by institutional investors.

Ross Stores Price Performance

Ross Stores stock opened at $228.28 on Monday. Ross Stores, Inc. has a 1-year low of $157.39 and a 1-year high of $257.00. The company has a current ratio of 1.61, a quick ratio of 0.98 and a debt-to-equity ratio of 0.12. The firm’s fifty day simple moving average is $231.17 and its 200-day simple moving average is $222.06. The company has a market capitalization of $72.92 billion, a P/E ratio of 27.64, a P/E/G ratio of 2.04 and a beta of 0.85.

Ross Stores (NASDAQ:ROST – Get Free Report) last announced its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.71. The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.16 billion. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.56 EPS. Sell-side analysts forecast that Ross Stores, Inc. will post 8.15 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th were issued a dividend of $0.4450 per share. The ex-dividend date was Tuesday, September 8th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. Ross Stores’s payout ratio is presently 21.55%.

Insider Transactions at Ross Stores

In related news, CEO James Conroy sold 49,205 shares of Ross Stores stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $229.48, for a total transaction of $11,291,563.40. Following the sale, the chief executive officer directly owned 134,349 shares of the company’s stock, valued at $30,830,408.52. This trade represents a 26.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephen C. Brinkley sold 6,424 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $229.66, for a total value of $1,475,335.84. Following the transaction, the insider owned 51,665 shares in the company, valued at $11,865,383.90. This represents a 11.06% 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays upped their price objective on shares of Ross Stores from $260.00 to $298.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. Jefferies Financial Group lifted their target price on shares of Ross Stores from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 21st. Sanford C. Bernstein raised their price objective on shares of Ross Stores from $230.00 to $240.00 and gave the stock a “market perform” rating in a research note on Friday, August 21st. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Bank of America cut their target price on shares of Ross Stores from $265.00 to $258.00 and set a “buy” rating on the stock in a research note on Tuesday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $272.06.

Get Our Latest Research Report on ROST

About Ross Stores

(Free Report)

Ross Stores, Inc is an off-price apparel and home fashion retailer headquartered in Dublin, California. The company operates primarily through its Ross Dress for Less stores, which offer branded and designer apparel, accessories, footwear, and home merchandise at discounts to regular department and specialty store prices.

Ross Stores also operates dd’s DISCOUNTS, a chain focused on value-oriented apparel, accessories, footwear, and home products. Both retail formats generally purchase merchandise opportunistically from manufacturers, department stores, and other suppliers, allowing the company to offer changing assortments and discounted prices.

Founded in 1950, Ross Stores serves customers across the United States through its store network and e-commerce presence.