Andra AP fonden Has $35.06 Million Stock Holdings in Ross Stores, Inc. $ROST

Andra AP fonden lessened its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 30.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 194,600 shares of the apparel retailer’s stock after selling 86,400 shares during the quarter. Andra AP fonden’s holdings in Ross Stores were worth $35,055,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Ethic Inc. lifted its position in shares of Ross Stores by 25.6% during the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after purchasing an additional 4,847 shares during the last quarter. Financial Planning Hawaii Inc. acquired a new position in shares of Ross Stores during the 4th quarter worth about $1,542,000. GSA Capital Partners LLP acquired a new position in shares of Ross Stores during the 3rd quarter worth about $1,411,000. Amica Mutual Insurance Co. acquired a new position in shares of Ross Stores during the 3rd quarter worth about $4,790,000. Finally, Lansforsakringar Fondforvaltning AB publ lifted its position in shares of Ross Stores by 7.1% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 104,406 shares of the apparel retailer’s stock worth $15,910,000 after purchasing an additional 6,941 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insider Buying and Selling

In other news, COO Michael J. Hartshorn sold 15,813 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Karen Sykes sold 5,506 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the transaction, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.10% of the company’s stock.

Ross Stores Trading Up 3.1%

Ross Stores stock opened at $239.11 on Friday. The business has a 50 day moving average price of $224.56 and a two-hundred day moving average price of $204.09. 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 $76.70 billion, a price-to-earnings ratio of 33.40, a price-to-earnings-growth ratio of 2.60 and a beta of 0.86. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $240.51.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.47 EPS. 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. As a group, equities analysts forecast that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a $0.445 dividend. The ex-dividend date of this dividend is 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 presently 24.86%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wall Street Zen raised Ross Stores from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. Barclays upped their price target on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. upped their price target on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

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.