Banque Cantonale Vaudoise Makes New $674,000 Investment in Ross Stores, Inc. $ROST

Banque Cantonale Vaudoise bought a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 1st quarter, Holdings Channel reports. The firm bought 3,110 shares of the apparel retailer’s stock, valued at approximately $674,000.

A number of other hedge funds have also recently modified their holdings of ROST. Thurston Springer Miller Herd & Titak Inc. grew its position in Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores during the fourth quarter worth $26,000. Bard Associates Inc. bought a new stake in shares of Ross Stores during the fourth quarter worth $31,000. City Holding Co. boosted its stake in shares of Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares during the period. Finally, Virtus Advisers LLC purchased a new stake in shares of Ross Stores during the fourth quarter valued at $32,000. Institutional investors own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Truist Financial lifted their price objective on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. Finally, Citigroup raised their target price on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. One equities 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

ROST stock opened at $213.26 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The business has a 50-day moving average price of $226.50 and a 200 day moving average price of $208.20. The company has a market capitalization of $68.41 billion, a P/E ratio of 29.78, a PEG ratio of 2.39 and a beta of 0.86. Ross Stores, Inc. has a 1-year low of $126.32 and a 1-year high of $242.81.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. The firm’s revenue for the quarter 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, equities research analysts forecast that Ross Stores, Inc. will post 7.74 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 paid a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is currently 24.86%.

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.