Ross Stores, Inc. $ROST Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC increased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 105.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,882 shares of the apparel retailer’s stock after purchasing an additional 3,533 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Ross Stores were worth $1,558,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Somerset Trust Co lifted its holdings in Ross Stores by 0.4% in the 4th quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock valued at $2,664,000 after purchasing an additional 55 shares in the last quarter. Independent Advisor Alliance grew its holdings in shares of Ross Stores by 1.7% during the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after buying an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC grew its holdings in shares of Ross Stores by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after buying an additional 55 shares in the last quarter. Florida Trust Wealth Management Co raised its position in shares of Ross Stores by 1.7% in the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after buying an additional 56 shares during the last quarter. Finally, MCF Advisors LLC raised its position in shares of Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

ROST has been the topic of several recent analyst reports. Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 price target on shares of Ross Stores 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. Finally, UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Ross Stores Trading Up 0.7%

NASDAQ ROST opened at $220.93 on Wednesday. Ross Stores, Inc. has a 12 month low of $126.32 and a 12 month high of $242.81. The company has a 50-day moving average of $223.95 and a 200-day moving average of $211.08. 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 company has a market cap of $70.87 billion, a P/E ratio of 30.86, a P/E/G ratio of 2.46 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share 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 analyst estimates of $5.64 billion. During the same period in the prior year, the firm posted $1.47 EPS. The company’s 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. As a group, equities analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.445 per share. The ex-dividend date of this dividend was 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 (DPR) is currently 24.86%.

Ross Stores 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.