Campbell & CO Investment Adviser LLC Acquires 3,050 Shares of Ross Stores, Inc. $ROST

Campbell & CO Investment Adviser LLC grew its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 24.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 15,391 shares of the apparel retailer’s stock after acquiring an additional 3,050 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Ross Stores were worth $2,345,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Louisbourg Investments Inc. increased its position in Ross Stores by 54.2% in the 2nd quarter. Louisbourg Investments Inc. now owns 30,235 shares of the apparel retailer’s stock valued at $3,857,000 after acquiring an additional 10,625 shares in the last quarter. SOA Wealth Advisors LLC. increased its holdings in shares of Ross Stores by 22.0% in the second quarter. SOA Wealth Advisors LLC. now owns 11,676 shares of the apparel retailer’s stock valued at $1,490,000 after purchasing an additional 2,109 shares in the last quarter. Virtus Investment Advisers LLC bought a new position in Ross Stores in the 2nd quarter worth approximately $1,265,000. Jump Financial LLC bought a new position in Ross Stores in the 2nd quarter worth approximately $7,949,000. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Ross Stores by 34.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 22,964 shares of the apparel retailer’s stock worth $3,499,000 after buying an additional 5,889 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores Trading Down 0.7%

Shares of NASDAQ ROST opened at $192.36 on Friday. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $194.92. The stock has a market cap of $62.22 billion, a price-to-earnings ratio of 30.06, a P/E/G ratio of 3.70 and a beta of 1.01. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The company’s fifty day moving average is $178.47 and its 200-day moving average is $157.78.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.20. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 EPS. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. Equities research analysts predict that Ross Stores, Inc. will post 6.17 EPS for the current year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th were issued a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, December 9th. Ross Stores’s payout ratio is 25.31%.

Analyst Ratings Changes

ROST has been the subject of several research reports. Jefferies Financial Group reissued a “buy” rating and issued a $205.00 target price on shares of Ross Stores in a research note on Monday, December 1st. Citigroup boosted their price objective on Ross Stores from $171.00 to $188.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Ross Stores in a research note on Tuesday, January 6th. Finally, Evercore ISI increased their price objective on shares of Ross Stores from $175.00 to $195.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $186.41.

Ross Stores Company Profile

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.