Landscape Capital Management L.L.C. Makes New $2.46 Million Investment in Ross Stores, Inc. $ROST

Landscape Capital Management L.L.C. purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROSTFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 11,562 shares of the apparel retailer’s stock, valued at approximately $2,461,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROST. Hilton Head Capital Partners LLC acquired a new position in Ross Stores during the fourth quarter worth $26,000. Bard Associates Inc. bought a new position in Ross Stores in the fourth quarter valued at $31,000. Virtus Advisers LLC acquired a new stake in Ross Stores in the 4th quarter valued at $32,000. Fideuram Asset Management Ireland dac acquired a new stake in Ross Stores in the 4th quarter valued at $38,000. Finally, Bell Investment Advisors Inc acquired a new stake in Ross Stores in the 2nd quarter valued at $43,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

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

Wall Street Analyst Weigh In

ROST has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on shares of Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday. Truist Financial lifted their target price on Ross Stores from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. upped their target price on Ross Stores from $262.00 to $272.00 and gave the stock an “overweight” rating in a report on Friday. UBS Group upped their target price on Ross Stores from $232.00 to $239.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Citigroup increased their price target on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $263.76.

Check Out Our Latest Stock Report on Ross Stores

Ross Stores Price Performance

Shares of ROST opened at $239.04 on Friday. 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 company’s fifty day simple moving average is $233.81 and its 200 day simple moving average is $221.86. Ross Stores, Inc. has a 1-year low of $143.39 and a 1-year high of $257.00. The company has a market cap of $76.68 billion, a price-to-earnings ratio of 28.94, a PEG ratio of 2.40 and a beta of 0.86.

Ross Stores (NASDAQ:ROSTGet Free Report) last announced its quarterly earnings results on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. Ross Stores had a net margin of 10.85% and a return on equity of 40.28%. The firm had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.16 billion. During the same quarter last year, the company posted $1.56 earnings per share. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, research analysts forecast that Ross Stores, Inc. will post 8.13 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

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 paid a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, September 8th. Ross Stores’s dividend payout ratio (DPR) is 21.55%.

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.

Further Reading

Want to see what other hedge funds are holding ROST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ross Stores, Inc. (NASDAQ:ROSTFree Report).

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

Receive News & Ratings for Ross Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ross Stores and related companies with MarketBeat.com's FREE daily email newsletter.