Rockefeller Capital Management L.P. Raises Position in Ross Stores, Inc. $ROST

Rockefeller Capital Management L.P. grew its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 39.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,918 shares of the apparel retailer’s stock after acquiring an additional 13,273 shares during the period. Rockefeller Capital Management L.P.’s holdings in Ross Stores were worth $8,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted 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 valued at $26,000 after buying an additional 140 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores in the 4th quarter worth approximately $26,000. Bard Associates Inc. bought a new stake in Ross Stores during the 4th quarter worth approximately $31,000. City Holding Co. raised its stake in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares during the period. Finally, Virtus Advisers LLC purchased a new position in Ross Stores during the fourth quarter valued at approximately $32,000. 86.86% of the stock is owned by institutional investors.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $215.13 on Friday. The firm has a market cap of $69.01 billion, a price-to-earnings ratio of 30.05, a P/E/G ratio of 2.57 and a beta of 0.86. The firm has a fifty day moving average price of $226.71 and a 200 day moving average price of $207.96. Ross Stores, Inc. has a fifty-two week low of $124.49 and a fifty-two week high of $242.81. 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 (NASDAQ:ROST) last announced its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the company earned $1.47 EPS. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. 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 expect that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.445 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Ratings Changes

ROST has been the topic of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Citigroup upped their target price 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. Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. The Goldman Sachs Group reissued a “buy” rating and set a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $230.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.