Ross Stores, Inc. $ROST Shares Bought by Diversified Trust Co

Diversified Trust Co raised its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 32.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 18,245 shares of the apparel retailer’s stock after acquiring an additional 4,482 shares during the quarter. Diversified Trust Co’s holdings in Ross Stores were worth $3,952,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its position 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 purchasing an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new stake in Ross Stores in the 4th quarter worth about $31,000. City Holding Co. boosted its holdings in Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after buying an additional 162 shares during the last quarter. Finally, Virtus Advisers LLC purchased a new stake in Ross Stores during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $232.80 on Monday. The stock has a market cap of $74.68 billion, a PE ratio of 32.51, a P/E/G ratio of 2.61 and a beta of 0.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 12-month low of $124.49 and a 12-month high of $242.81. The company has a 50-day moving average of $226.33 and a 200 day moving average of $206.55.

Ross Stores (NASDAQ:ROST) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business’s revenue was up 20.6% on a year-over-year basis. During the same period last year, the company 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, sell-side analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on ROST shares. Barclays increased their target price on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Sanford C. Bernstein reiterated a “market perform” rating and set a $230.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Truist Financial raised their price objective on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Insider Buying and Selling

In related news, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction that occurred 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 transaction, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction 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 transaction, the chief marketing officer directly owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company’s stock.

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.