BI Asset Management Fondsmaeglerselskab A S Raises Holdings in Ross Stores, Inc. $ROST

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Ross Stores, Inc. (NASDAQ:ROSTFree Report) by 155.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 103,904 shares of the apparel retailer’s stock after buying an additional 63,276 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Ross Stores were worth $18,717,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Ross Stores by 7,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after buying an additional 140 shares in the last quarter. City Holding Co. increased its stake in Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares in the last quarter. JFS Wealth Advisors LLC increased its stake in Ross Stores by 42.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock valued at $38,000 after purchasing an additional 63 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new position in Ross Stores in the 4th quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC increased its stake in Ross Stores by 89.0% in the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock valued at $42,000 after purchasing an additional 105 shares in the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ross Stores

In other news, COO Michael J. Hartshorn sold 15,813 shares of the firm’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 sale, the chief operating officer owned 116,028 shares in the company, valued at $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total value of $400,897.53. Following the sale, the director owned 2,159 shares in the company, valued at $460,147.67. This trade represents a 46.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 25,756 shares of company stock worth $5,521,004 over the last quarter. 2.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ROST has been the subject of several research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Barclays raised their price objective on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Telsey Advisory Group raised their price objective on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Finally, Zacks Research raised Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $233.18.

View Our Latest Analysis on Ross Stores

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $230.37 on Friday. The business’s fifty day moving average price is $223.03 and its two-hundred day moving average price is $201.86. The stock has a market cap of $73.90 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 2.59 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $237.41.

Ross Stores (NASDAQ:ROSTGet Free Report) last posted its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter last year, the firm earned $1.47 earnings per share. The business’s revenue 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, analysts forecast that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is 24.86%.

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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.

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

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