Entropy Technologies LP Makes New Investment in Ross Stores, Inc. $ROST

Entropy Technologies LP acquired a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 24,328 shares of the apparel retailer’s stock, valued at approximately $4,382,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bard Associates Inc. acquired a new position in Ross Stores during the 4th quarter worth $31,000. Aigen Investment Management LP acquired a new position in Ross Stores during the 4th quarter worth $1,955,000. Aptus Capital Advisors LLC grew its holdings in Ross Stores by 17.2% during the 4th quarter. Aptus Capital Advisors LLC now owns 3,959 shares of the apparel retailer’s stock worth $713,000 after acquiring an additional 581 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in Ross Stores by 93.4% during the 4th quarter. CreativeOne Wealth LLC now owns 3,697 shares of the apparel retailer’s stock worth $666,000 after acquiring an additional 1,785 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in Ross Stores by 13.9% during the 4th quarter. Kestra Advisory Services LLC now owns 8,967 shares of the apparel retailer’s stock worth $1,615,000 after acquiring an additional 1,094 shares in the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the transaction, the chief marketing officer directly owned 104,648 shares in the company, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ROST. Citigroup raised their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Barclays raised their price objective on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Wells Fargo & Company lifted their price target on shares of Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. 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. Finally, Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Performance

NASDAQ ROST opened at $240.13 on Monday. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $242.81. The company has a 50-day simple moving average of $224.97 and a 200-day simple moving average of $204.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The firm has a market capitalization of $77.03 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 2.70 and a beta of 0.86.

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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the business posted $1.47 EPS. The company’s quarterly 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, equities analysts forecast that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s dividend payout ratio is 24.86%.

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.