Lombard Odier Asset Management Switzerland SA Invests $818,000 in Ross Stores, Inc. $ROST

Posted by George Bondi on Jul 28th, 2026

Lombard Odier Asset Management Switzerland SA acquired a new stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 3,778 shares of the apparel retailer’s stock, valued at approximately $818,000.

A number of other hedge funds have also recently bought and sold shares of the company. Woodline Partners LP grew its stake in shares of Ross Stores by 39.9% in the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after purchasing an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after purchasing an additional 117 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Ross Stores by 35.8% during the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after buying an additional 2,792 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in Ross Stores by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock worth $19,200,000 after buying an additional 1,508 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in Ross Stores by 2.2% in the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after buying an additional 265 shares during the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Ross Stores Stock Performance

Shares of Ross Stores stock opened at $243.35 on Tuesday. Ross Stores, Inc. has a 12 month low of $134.37 and a 12 month high of $244.22. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The stock has a market cap of $78.06 billion, a PE ratio of 33.99, a price-to-earnings-growth ratio of 2.68 and a beta of 0.87. The business has a fifty day simple moving average of $227.08 and a 200-day simple moving average of $214.43.

Ross Stores (NASDAQ:ROST – Get Free Report) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 earnings per share. 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, sell-side analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores’s dividend payout ratio is currently 24.86%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Citigroup upped their price target on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Truist Financial lifted 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. JPMorgan Chase & Co. upped their target price on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Read Our Latest Research Report on ROST

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.