LGT Capital Partners LTD. Sells 69,578 Shares of Ross Stores, Inc. $ROST

Posted by Brian Himes on Jun 9th, 2026

LGT Capital Partners LTD. cut its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 14.0% during the fourth quarter, Holdings Channel reports. The fund owned 428,674 shares of the apparel retailer’s stock after selling 69,578 shares during the quarter. Ross Stores comprises about 3.8% of LGT Capital Partners LTD.’s holdings, making the stock its 7th biggest holding. LGT Capital Partners LTD.’s holdings in Ross Stores were worth $77,221,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Ross Stores by 1.9% during the 3rd quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock worth $1,487,720,000 after acquiring an additional 180,182 shares during the last quarter. Norges Bank acquired a new position in shares of Ross Stores during the 4th quarter worth approximately $868,360,000. Viking Global Investors LP increased its holdings in shares of Ross Stores by 9.9% during the 2nd quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock worth $605,704,000 after acquiring an additional 426,370 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Ross Stores by 5.7% during the 3rd quarter. Invesco Ltd. now owns 4,655,932 shares of the apparel retailer’s stock worth $709,518,000 after acquiring an additional 252,284 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Ross Stores by 10.2% during the 3rd quarter. First Trust Advisors LP now owns 4,045,346 shares of the apparel retailer’s stock worth $616,470,000 after acquiring an additional 375,470 shares during the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ROST. Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Telsey Advisory Group boosted 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Truist Financial boosted their target price on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

Get Our Latest Report on Ross Stores

Ross Stores Stock Performance

Shares of NASDAQ ROST opened at $227.42 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The stock’s fifty day moving average price is $223.30 and its two-hundred day moving average price is $202.64. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $237.41. The firm has a market cap of $72.95 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 2.59 and a beta of 0.86.

Ross Stores (NASDAQ:ROST – Get Free Report) last issued its quarterly earnings data 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 return on equity of 38.42% and a net margin of 9.74%.The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the firm posted $1.47 EPS. The company’s revenue for the quarter was up 20.6% on a year-over-year basis. 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, equities analysts forecast that Ross Stores, Inc. will post 7.73 EPS for the current year.

Ross Stores Announces Dividend

The business also recently announced 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 is Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Insiders Place Their Bets

In other news, COO Michael J. Hartshorn sold 15,813 shares of the company’s stock in a transaction on 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 completion of the sale, the chief operating officer directly owned 116,028 shares in the company, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were 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 of the company’s stock, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.10% of the company’s stock.

About Ross Stores

(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.