Landscape Capital Management L.L.C. purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST – Free 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
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:ROST – Get 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
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.
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